Take out loans
Choose the desired duration of the loan using the top slider then clic "Submit". Depending on the desired duration, your NFTs that can be used for a loan will appear according to the available liquidity. On the top corner of the NFT, the maximum amount borrowable for each NFT.
- select the NFTs to use as collateral, you can select multiple NFTs from multiple collections. Then clic "Confirm the selection"
- For each NFT, up to a maximum, you can choose how you'll borrow. This will have an impact in the case of a liquidation. If you do not borrow the maximum amount you'll received a share of the revenues generated by this liquidation in a proportional way.
- In some cases you'll be able to borrow for a longer period thant choosen at the begining with no additional cost.
- Approve the NFTs (either each one by one or by collection)
- Read carefully the terms and how much you'll have to repay if you decide to repay on the due date.*
- Clic on "Borrow" and Voilà!
*By borrowing less than the maximum, in the event of liquidation you would receive a proportionate share of the revenue generated by the sale of the NFT.