@dropsnft - get $USDC for staking idle #NFTs! Get more leverage out if your assets! πŸ‘€ ⏬ #CryptoNews
@CRE8RDAO #pvmihalache Image
How @dropsnft can help?
🌟 You can borrow agains NFT related assets and supply #NFTs as collateral to earn additional yieldπŸ’°
🌟 Use #NFTs as collateral in the NFT Lending Pools to obtain trustless loansπŸ’Έ
🌟 Earn with idle assets by supplying stablecoins for attractive APYsπŸ“ˆ Image
I have 2300 #NFTs across @WAX_io @opensea and @poapxyz but not many have utility. @dropsnft brings DeFi-style infrastructure to NFTs, adding much-needed utility to idle NFT assets. The unique infrastructure is the concept that will spark the rise of financial NFTs ✨ Image
Lending Pools Mechanics πŸ€–
🌟 Anyone can create an NFT Lending Pool. Certain vales such as accepted NFTs and borrowing value
🌟 Users will supply liquidity to NFT lending pools and back assets 🎨
🌟 Collectors will supply NFT with stablecoins and get matched with the best rates Image
Analyze, check @dropsnft and see why lending #NFTs as collateral is the future of finances Image
You could burn your #NFTs ...turn them to ashes! Or you could use them as collateral on @dropsnft
You can't burn a #FireDog #NFT but maybe you can use it on @dropsnft as collateral for #DeFi
@ArtistByron @CRE8RDAO Image
Drops.co - Using NFTs as collateral for DeFi loans πŸ’° PVM's view about @dropsnft collated in a funny @publish0x article 🀣
publish0x.com/mind-puzzle/dr…

β€’ β€’ β€’

Missing some Tweet in this thread? You can try to force a refresh
γ€€

Keep Current with Paul Mihalache

Paul Mihalache Profile picture

Stay in touch and get notified when new unrolls are available from this author!

Read all threads

This Thread may be Removed Anytime!

PDF

Twitter may remove this content at anytime! Save it as PDF for later use!

Try unrolling a thread yourself!

how to unroll video
  1. Follow @ThreadReaderApp to mention us!

  2. From a Twitter thread mention us with a keyword "unroll"
@threadreaderapp unroll

Practice here first or read more on our help page!

Did Thread Reader help you today?

Support us! We are indie developers!


This site is made by just two indie developers on a laptop doing marketing, support and development! Read more about the story.

Become a Premium Member ($3/month or $30/year) and get exclusive features!

Become Premium

Too expensive? Make a small donation by buying us coffee ($5) or help with server cost ($10)

Donate via Paypal Become our Patreon

Thank you for your support!

Follow Us on Twitter!

:(