2.2.2. Lending

Lenders on the TrustNFT platform can earn rewards by providing liquidity to borrowers and earning interest. Lenders can submit their fungible assets to lending pools, or can manually choose NFT assets to lend their funds against. Lending, or providing liquidity, consists of two modes:

2.2.2.1. Manual Lending This form of lending lets users manually choose assets that they want to stake their liquidity in. Users with wallets connected to our platform can choose NFTs as they would in a marketplace.

2.2.2.2. Auto Lending utilizes NFT fractionalization. Users deposit their funds into the auto lending pool, and our algorithms choose parts of NFT assets and combine them to create composite derivatives. In this case, the user does not need specific knowledge of the NFT market. In case of NFT default, the particular assets come to the loans marketplace. This can help manual sellers to acquire NFTs. Users providing liquidity via TrustNFT tokens will gain extra rewards in our TrustNFT tokens.