Drops revolutionizes the lending landscape by introducing a cutting-edge NFT lending platform. Users can now leverage the value of their NFTs to secure loans and unlock liquidity.
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Drops is a cutting-edge platform that revolutionizes NFT lending, enabling users to leverage their NFTs for borrowing purposes. At the heart of Drops is the Drops Ownership Power (DOP), a governance token that empowers users to participate in voting and staking activities. Moreover, DOP can be utilized to access short-term loans.
To enhance the user experience, Drops rewards clients with dNFTs, which are interest-free tokens that can be effortlessly exchanged for their underlying assets. The NFT lending process on Drops involves four simple steps: selecting the lending pool, providing collateral, borrowing against the NFTs, and effectively managing credit.
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