⭐NFT Loan Pool

A single lender may have limited liquidity to provide for their borrowers. Thus, a shared liquidity pool for any specific NFT collection can solve such a problem. NFT Loan Pool features will automatically accept a borrowing offer with a specific NFT collection. However, there will be an algorithm to control the risk for investors and a higher safety margin for liquidation than normal peer-to-peer usually set. This type of pool will accept a loan that requests more than 50% of the collateral value. The pool will be created only for a collection that has been voted from the DAO system of our token holder. If the collateral is liquidated, the system will automatically put it on sale with a minimum price to cover the fund plus 10% profit. This NFT loan pool will be created as 1 pool for 1 collection only. Every time pool’s profit is returned to the pool, it will be divided among the pool’s liquidity providers equal to individual shares.