3๏ธโฃNFT Lend/Borrow
Last updated
Last updated
NFT - Non-fungible tokens.
FT - Fungible tokens.
This feature differs from Rent/Lease, as it might be used by players who need fungible tokens (currencies, resources, etc.) and want to put unused game assets (NFTs) as collateral for short-term FT borrowing, agreeing to pay back the FT lender on the agreed-upon terms.
FT lenders receive some yield on their loans.
NFT holders use their assets as collateral to receive FT loans.