WEMIX3.0
NILE (ENG)
NILE (ENG)
  • What is NILE?
  • DAO
    • DAO
    • Introduction to Neith Protocol
      • Station
      • Obelisk
      • Treasury
      • Governance
      • Trust
      • Incinerator
      • Creator
  • Life
    • Featured Life
    • NFT Project
    • DApp Project
  • Marketplace
    • NFT Marketplace
    • Offering
    • Trading
  • NFTFi
    • NFTFi
    • Borrow
    • Lend
  • Tokens
    • Token on NILE
  • GUIDES
    • Getting Started
      • How to create wallet
      • How to connect wallets
    • Marketplace
      • Participate in English Auctions
      • Buy Now
      • List NFT for Sale
      • Make Offer
      • NFT Ownership Transfer
      • View List of Owned NFT
    • NFTFi
      • Apply for Borrow
      • Manage Borrow
      • Repay Borrow Amount
      • Bid on Lend
      • Manage Lend
      • Receive Repayment
      • Transfer NFT Ownership
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  1. NFTFi

Lend

Through the Lend feature, you can use NFTFi service even without owning any NFTs. Invest in crypto asset lending using NFTs provided by NFT owners as collateral. Explore various products that are listed as auctions and place your bids on the ones you find appealing. Seize investment opportunities by participating in auctions with favorable conditions.

You can check the bidding results after the auction period ends. If you successfully win the bid, you can receive the lend amount along with lend rewards after a 90-day period. Even if the borrower repays the lend amount early, the lend rewards remain unchanged and are received accordingly. In the event that the borrower fails on the repayment, the procedure for transferring ownership of the collateral NFT will be initiated.

PreviousBorrowNextToken on NILE

Last updated 1 year ago