Read on Twitter
1/
@pawn_whale is a "pawn" shop for the @MultiversX #NFTs space, providing instant loans for pre-approved #NFT collections.
It enables #NFTs Enthusiasts to use their #NFTs as a collateral to borrow $EGLD and adds value to #NFT projects.
Let's see how it works!
🧵👇
@pawn_whale is a "pawn" shop for the @MultiversX #NFTs space, providing instant loans for pre-approved #NFT collections.
It enables #NFTs Enthusiasts to use their #NFTs as a collateral to borrow $EGLD and adds value to #NFT projects.
Let's see how it works!
🧵👇
2/
Using data from @omniscient_tool , @pawn_whale pre-approves and ranks top #NFT collections.
Then, via their #dApp, the NFT can be pawned for a 3, 7 or 11 days loan. Once the terms are agreed, the NFT is send to the #smartcontract, which pays the entire loan amount.
👇
Using data from @omniscient_tool , @pawn_whale pre-approves and ranks top #NFT collections.
Then, via their #dApp, the NFT can be pawned for a 3, 7 or 11 days loan. Once the terms are agreed, the NFT is send to the #smartcontract, which pays the entire loan amount.
👇
3/
The loan and its fees needs to be re-paid before the loan period expires. Once the loan and fees have been fully re-paid, the #smartcontract returns the #NFT.
The #dApp and approved #NFTs collections are at:
pawnwhale.com/collections
👇
The loan and its fees needs to be re-paid before the loan period expires. Once the loan and fees have been fully re-paid, the #smartcontract returns the #NFT.
The #dApp and approved #NFTs collections are at:
pawnwhale.com/collections
👇
4/
@pawn_whale released its own #NFT collection to act as a membership pass, PAWNWHALE-ef8360, giving Holders exclusive access, benefits & more.
Pawn Whale Passes can be staked to borrow more money, pay less fees & extend the loan - coming up in V2.
pawnwhale.com
👇
@pawn_whale released its own #NFT collection to act as a membership pass, PAWNWHALE-ef8360, giving Holders exclusive access, benefits & more.
Pawn Whale Passes can be staked to borrow more money, pay less fees & extend the loan - coming up in V2.
pawnwhale.com
👇
5/
As this is a useful tool for #MultiversXNFTs Enthusiasts and the team keeps building on @MultiversX , we have added @pawn_whale on multiversXbuilders.com at:
multiversxbuilders.com/tools/view/60f…
Put your #NFTs at work, and let's build!🔥🛠️
#EGLD #MultiversXBuilders
As this is a useful tool for #MultiversXNFTs Enthusiasts and the team keeps building on @MultiversX , we have added @pawn_whale on multiversXbuilders.com at:
multiversxbuilders.com/tools/view/60f…
Put your #NFTs at work, and let's build!🔥🛠️
#EGLD #MultiversXBuilders
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