🔹Unique rare traits valuation on selected collections
🔹Liquidation Insurance
🔹Optimized UX for large NFT holders
🔹Unique yield opportunity with pETH/WETH and PUSd/3CRV Curve pools
🔹Telegram notification bot for easy position monitoring
🔹DeFi standard Chainlink oracles
Why #PixApe ❓
💰Benefits of users:
🔹Use your NFTs to borrow pETH or PUSd.
🔹Instant liquidity, no need to wait for pairing
🔹Perpetual fixed terms loan all the time
🔹The lowest NFT lending borrow rates (starting from 2% yearly)
Any #NFT from the supported collections or the governance token $PIXA can be used as collateral in order to borrow either pETH (the Ether synthetic of PixApe) or PUSd (the stable synthetic of PixApe).
How does #PixApe work ❓
$PIXA uses a peer-to-protocol borrowing mechanism. This means that the protocol is independent of any liquidity provision (lenders) or external factors.
Loans can be in pETH (the Ether synthetic of PixApe) or PUSd (the stable synthetic of PixApe) and have a max loan-to-value (LTV) ratio of 70% (including boosts). In essence, PixApe empowers users to leverage their NFTs and unlock liquidity without ever selling.