Introducing lendNFT, the first decentralized P2P NFT lending platform on #Hedera. Collateralize your NFTs on https://t.co/BZdkJLPoJY easily, safely and quickly.
#HBARbarians#HederaNFT
"Why should I take a loan?" 🤔
Taking a loan with your NFT as collateral allows you to unlock liquidity from your NFTs. This liquidity can be used to earn yield on a money market, mint a new project, flip an NFT or for anything else you want. 🔑💸
Good advice for people making loan requests. It's important that the NFT used as collateral has more value than the loan amount in order to get your loan request fulfilled. 👇👇
@Leon_Gallaher@lend_nft@ZuseMarket@HBAR_foundation@hedera@hashpack If your borrowing HBAR, you’re putting up your NFT as collateral, and you should probably ask to borrow less than the full value if you want it to be an appealing offer to lenders
If you’re lending HBAR, you’ll probably want to lend out less than the full value of the collateral
#HederaNFTs are the next big thing. They cost a dollar to mint and pennies to trade. They're on a carbon-negative network: Hedera Hashgraph. New marketplaces are popping up: @ZuseMarket@HashAxis and even platforms where you can borrow against your NFT! @lend_nft
$HBAR #HBARNFT
Lenders can now see the Loan To Floor value on loan requests, as well as floor prices. A lower LTF = better chance of getting your loan funded! 🤝📕
#HederaNFT#Hedera
@hbar1000@JoshuaLucasXR@ZuseMarket@HBAR_foundation@hedera@hashpack If someone put up a loan request for 600 HBAR with collateral worth 1000 HBAR then it might make sense to fund the loan, since the collateral would be worth more than the loan - which leads to the loantaker paying back the loan, instead of defaulting and losing the collateral
@hbar1000@JoshuaLucasXR@ZuseMarket@HBAR_foundation@hedera@hashpack Rational lenders will not lend out more than what the collateral is worth. For example, if someone put up a loan request for 1000 HBAR with collateral worth 600 HBAR, rational lenders would not fund the loan. It's up to the lender to fund loans that "make sense".
I just lent a fellow #HBARbarian some $HBAR through @lend_nft by @ZuseMarket
Very simple process
I’ll earn a nice % return in a short period of time
If they default I get to keep their #HederaNFT that they put up as collateral
Am I explaining this correctly, @lend_nft?
#HBAR
Scheduled (May 26, 2022, 16:00 UTC): Hedera will be performing a short-notice upgrade to Mainnet to v0.25.4 on Thursday, May 26 2022 at 16:00 UTC. The upgrade will take approximately 60 minutes to complete, users should expect some di… https://t.co/mLNJ7YJMoz
Lenders can now see the Loan To Floor value on loan requests, as well as floor prices. A lower LTF = better chance of getting your loan funded! 🤝📕
#HederaNFT#Hedera
Introducing lendNFT, the first decentralized P2P NFT lending platform on #Hedera. Collateralize your NFTs on https://t.co/BZdkJLPoJY easily, safely and quickly.
#HBARbarians#HederaNFT