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Introduction

Welcome to NFTfi!

NFTfi is a peer-to-peer, decentralized lending protocol for taking loans that are collateralized against your NFTs.

All loans have fixed terms without price-based liquidation, and borrowers can renegotiate existing loans and take loans out against bundles of multiple NFTs. For lenders, NFTfi provides a platform for generating attractive yields whilst offering the chance to acquire NFTs at discounts to market price if a borrower defaults. Here's what a basic loan lifecycle looks like:

NFTfi dApp can be accessed here: https://app.nftfi.com/

Supported cryptocurrencies

NFTfi presently supports Wrapped Ethereum (wETH), USD Coin (USDC), and Dai (DAI). You can wrap regular ETH into wETH on Uniswap or many other venues.

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