RE: What if you could access loans with Splinterlands NFT as collateral?

11 mo
0 Min Read
88 words

This would be a killer feature for sure.

I don't have a mental picture of how it will work because I've never actually used a loaning platform before. However, the general idea is very fascinating.

Deposit NFT into lending protocol and take out a loan for up to 50% of NFT value. With Splinterlands this would mean that you can't rent that card anymore until the loan is repaid since you technically transfer ownership to the protocol.

Small downside but still worth it imo.

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11 mo

Yeah, its a nice concept to think about