DY

BD Asst. @NFTfi | former CM @Mayan & ReadyPlayerDAO The people who are crazy enough to think they can change the world, are the ones who do. —Steve Jobs

[DY @0xDeeWhy]

"Success is not the key to happiness. Happiness is the key to success. If you love what you are doing, you will be successful."
—Albert Schweitzer

[DY @0xDeeWhy]

@sunrise @solana memory 🔥

[DY @0xDeeWhy]

🙏🏼

[Stephen | NFTfi @stephen_yo]

After six years, NFTfi is winding down.

When I was 20 I had to pick a path in life. Coder or artist? Ultimately I chose coding. When I first heard about NFTs in 2019 I realized I could combine those two paths into a single project, @NFTfi. I was all in.

In the six years since, this project has been my sole focus. In the early days I was the first lender and learnt a number of painful (and expensive) lessons on how to lend against NFTs safely. I still own Founder Kitty #72 that I got in a default for the low, low price of 30 ETH. The Meebit I use as my profile picture was minted in a hospital chair watching my sleeping wife and first born hours after his birth.

Together, we helped pave the way for the NFT lending industry. From doing the first fully trustless on-chain NFT backed loan to facilitating more than $730 million in peer-to-peer loans. Without losing a single NFT. In an industry that often struggled with trust, that's something I'm incredibly proud of.

In the end, the market that made NFTfi possible, became too small to support the company we had built.

What pulled me into this was never the promise of profit. It was the possibility that artists and collectors could truly own the things they cared about. I still believe that matters.

Looking back there are some things I would do differently. However, if I had to go back to 2019, I would do it all again. What we had as a community in that moment will stay with me.

To my co-founders, Jonathan, Mads and Charlotte and the team who built NFTfi, from the first year to the last: you gave years of your lives, your craft, and your belief to this project. You took a chance on an idea that was never guaranteed to work and built something real alongside me. NFTfi only existed because of that. Thank you, and thank you to the community and investors that kept it real alongside us.

All those years ago I chose coding as a path. Six years next to passionate artists and collectors has made me curious about the other side of that path again. Who knows, maybe next time we meet I will be sitting on the artist's side of the table.

Hope to see you in Marfa.

[Elon Musk @elonmusk]

True

[NFTfi.com @NFTfi]

One borrower recently refinanced 10 @cryptopunks on NFTfi

Capital unlocked against some of the most iconic assets in crypto.

[Quit @0xQuit]

In block 25081689, 0xD79b paid 28 eth to close out a loan and recover Punk 5032.

3 blocks later, the punk was stolen using an open approval.

How?

1/🧵

[NFTfi.com @NFTfi]

Another Gondi vault loan transferred over to NFTfi with our novel Cross Protocol Refinance feature.

Find a better rate with NFTfi, bring it over to us. No fees.

Contact our BD Lead @aventurine_eth to learn more

[NFTfi.com @NFTfi]

3 @beeple artworks from the Spring/Summer Collection from 2021 were recently refinanced on NFTfi

Did you know that Beeple ran a raffle where anyone could enter for just $1? 100 lucky winners got a free NFT from the collection!

[NFTfi.com @NFTfi]

Happy Monday

A borrower started the week off right refinancing 4 punks on NFTfi

[NFTfi.com @NFTfi]

NFTfi is the #1 platform for @OthersideMeta Koda loans. We currently have over 90% of the total loans outstanding in the entire lending market for the collection.

One borrower just refinanced 15

[NFTfi.com @NFTfi]

Did you know, @beeple posted a video before dropping this collection in late 2020 because NFT art was still so new to most of his audience? This very collection caught Christies eye which launched The First 5000 Days a few months later.

A borrower just refinanced one on NFTfi

[JBond @jbondwagon]

notice how the timeline is instantly better when your favorite NFTs are up 5-10%?

the same can’t be said when memecoins are up

heck, the same can’t even be said when ETH is up

nothing improves vibes in CT like NFTs being up

NFTs 🖼️📈

[NFTfi.com @NFTfi]

Massive day for our Cross Protocol Refi feature.

8 @BoredApeYC, with a total principal of 198k, were just seamlessly refinanced across protocols to NFTfi.

Our Cross Protocol Refi feature helps borrowers get better offers and also saves lenders on fees other platforms enforce.

[NFTfi.com @NFTfi]

NFTfi Homepage Redesigned 🆕

Fresh look, same Protocol

Important, our legacy dApp, including Loan Renegotiation, the feature that lets you extend a loan past its due date, is retiring mid-April.

Head to the new UX: https://t.co/4Tdh1n11PE

It's sleeker and faster.

[DY @0xDeeWhy]

Believe 🙏

[Adam Weitsman @AdamWeitsman]

Sometimes when you stay the course and ignore the noise, things turn out just the way you wished……..

[NFTfi.com @NFTfi]

5 CryptoPunks, including a 3d glasses punk, recently refinanced on NFTfi

Loans coming due soon but they are on another platform? Check out our dashboard. You can seamlessly refi across protocols without paying the loan back first using our Cross Protocol Refi Feature

[Mayan @mayan]

This is a reminder that you can swap across any chain on WhatsApp.

[Claude @claudeai]

Claude can now build interactive charts and diagrams, directly in the chat.

Available today in beta on all plans, including free.

Try it out: https://t.co/tHPAZRgQkn

[NFTfi.com @NFTfi]

Cross-Protocol ReFi Update

130 loans have crossed over to NFTfi since feature inception.

2.3M in loan value transferred with an average loan size of $17,500.

No repayment needed. No fees.

Get started today by visiting our Dashboard ⬇️

[DY @0xDeeWhy]

🚢

[NFTfi.com @NFTfi]

NFTfi Platform updates this week👏

New Features ✍️
- Dates now show both relative and full format
- Table columns & row density are now customizable and saved between sessions
- Improved hard and soft delete for offers
- Offer type labels visible directly in offers tab
- Row selection + click-through on offers in Manage Offers

UX & Visual ✨
- Manage Offers has a resizable split-view, your ratio is remembered
- Bigger scrollbars, lighter modal backdrop, less visual noise

Various Bug Fixes 🐛

Improved Notification service back-end

A special thank you to the users who provided feedback since release.

[DY @0xDeeWhy]

Good job Peter.

[peter_u 🚀 @ptr_ujvr]

Since I couldn’t find a good summary, here’s my writeup of yesterday’s Gondi exploit.

A bit about me: I’m a smart contract dev at NFTfi, and I’ve spent time analyzing Gondi’s contracts. I also built an adaptor to refinance Gondi loans to NFTfi in the past.