The FRAKT protocol is an innovative DeFi x NFT protocol that leverages the power of the Solana blockchain to enhance the liquidity of non-fungible tokens (NFTs).
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The Frakt protocol introduces a groundbreaking feature that enables users to unlock the liquidity of their NFTs by utilizing them as collateral for loans. By leveraging their NFTs or pool tokens, users can access both $SOL and $USDC liquidity. The protocol offers two types of loans: perpetual loans with dynamic interest rates and flip loans with fixed interest rates for a short duration. Additionally, through peer-to-pool lending, users can earn interest on their $SOL, which can be easily exchanged for $USDC. To ensure a seamless experience, the protocol’s “Initial Liquidity Offering” (ILO) solution guarantees post-mint liquidity, effectively preventing any potential rug pulls.
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SodiumNFT Lending Dapps |
Sodium bridges the gap between NFT holders and the Hybrid Liquidity market, facilitating seamless connectivity.
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SolventNFT Lending Dapps |
Solvent revolutionizes the lending landscape for NFTs by introducing a cutting-edge protocol. With Solvent, users gain the power to effortlessly transform their non-fungible tokens (NFTs) into fungible tokens, unlocking a world of possibilities.
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BendDAONFT Lending Dapps |
BenDAO is an innovative lending platform that enables users to leverage their NFTs by offering them as collateral in exchange for ETH.
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