Liquidity Shops

About Liquidity Shops

NFTY Finance uses a new method of lending which are referred to as Liquidity Shops - a customizable lending desk funded in any fungible token, lent out against a specified NFT collection. These liquidity shops can be owned by an individual contributor be it a person, institution, DAO, etc. & are the key aspect of NFTY Finance's lending feature.

Shop Customizations

Below are a list of customizations you can make to your liquidity shop. Such customizations ensure the perfect match between a lender and a borrower.

• Fund in any ERC-20 token

• Lend against any NFT Collection

• Decide appraisal rates

• Set preferred interest rates

• Choose between two approval mechanisms - automatic or manual (coming soon)

Shop Functionalities

Once a liquidity shop has been created, lenders are free to manage the parameters in real-time. Additionally, liquidity shop owners have the following functionality to manage their shops

• Track loan requests

• Replenish balances

• Freeze/unfreeze loan issuance

• Close the shop entirely