Description
PawnFi is an innovative decentralized finance (DeFi) platform that introduces a novel approach to liquidity for both fungible tokens (FT) and non-fungible tokens (NFT) without the need to sell the assets. By leveraging blockchain technology, it offers a secure, transparent, and efficient lending service, allowing users to use their digital assets as collateral for loans. This opens up liquidity options for long-tail assets, including less liquid NFTs and other Non-Standard Assets (NSA) like Liquidity Provider Tokens, tokenized rights, and smaller cryptocurrencies. It operates as a crowd-appraising, multi-lateral liquidity protocol, creating a new lending and leasing market focused on providing fair appraisal and liquidity for NSAs. PawnFi supports various blockchain networks including ETH, BSC, Polygon, Arbitrum, and Moonbeam through its EVM version and integrated multi-chain front end, enhancing user experience without asset fragmentation. It stands out by enabling the divestiture of asset ownership, use, and earning rights, thus maximizing capital efficiency for NSA holders. PawnFi’s unique offering includes a flexible loan market determined by market dynamics, supporting a w...
PawnFi is an innovative decentralized finance (DeFi) platform that introduces a novel approach to liquidity for both fungible tokens (FT) and non-fungible tokens (NFT) without the need to sell the assets. By leveraging blockchain technology, it offers a secure, transparent, and efficient lending service, allowing users to use their digital assets as collateral for loans. This opens up liquidity options for long-tail assets, including less liquid NFTs and other Non-Standard Assets (NSA) like Liquidity Provider Tokens, tokenized rights, and smaller cryptocurrencies. It operates as a crowd-appraising, multi-lateral liquidity protocol, creating a new lending and leasing market focused on providing fair appraisal and liquidity for NSAs. PawnFi supports various blockchain networks including ETH, BSC, Polygon, Arbitrum, and Moonbeam through its EVM version and integrated multi-chain front end, enhancing user experience without asset fragmentation. It stands out by enabling the divestiture of asset ownership, use, and earning rights, thus maximizing capital efficiency for NSA holders. PawnFi’s unique offering includes a flexible loan market determined by market dynamics, supporting a w...