Balloon protocol allows its users to deposit and earn interest on NFTs.
Balloon protocol allows its users to deposit and earn interest on NFTs. Borrowers choose NFTs with optimal valuation, collateral requirements, and loan duration for their circumstances. Borrowers also only pay interest proportional to the time elapsed relative to the entire loan duration. After borrowing an NFT, users can sell immediately and buy back later to short NFTs or return any NFT from the same collection.
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