X2Y2 launches peer-to-peer NFT lending feature

2022-10-09 15:30:14
Collection

Chain Catcher news, the NFT trading market X2Y2 has launched a peer-to-peer NFT loan feature. Users holding whitelisted project NFTs can borrow ETH by collateralizing their NFTs, thereby releasing the liquidity of their NFT assets. Lending can be differentially priced based on rarity.

As of now, the whitelisted projects include BAYC, Azuki, Doodles, Otherdeed for Otherside, etc. The platform has completed 10 lending transactions. (source link)

ChainCatcher reminds readers to view blockchain rationally, enhance risk awareness, and be cautious of various virtual token issuances and speculations. All content on this site is solely market information or related party opinions, and does not constitute any form of investment advice. If you find sensitive information in the content, please click "Report", and we will handle it promptly.
ChainCatcher Building the Web3 world with innovators