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NFTFY

NFTFY

Use your NFT as colletral to borrow fDAI, or fUSDC from lenders. Repay your loan and get your NFT back

Created on 19th February 2023

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NFTFY

NFTFY

Use your NFT as colletral to borrow fDAI, or fUSDC from lenders. Repay your loan and get your NFT back

The problem NFTFY solves

  • Put down an NFT as collateral and borrow stablecoins against it.
  • Take one or more loans. This will use ACL to pull a stream from you in order to pay interest on your loan.
  • Pay any amount of your loan, and the repayment transaction would update your stream.
  • Repay the full loan amount and get your NFT back.
  • See the current live interest stream and historical loan statistics.
  • Just connect your wallet, stake your NFTs, and apply for loans; that is all.

Tracks Applied (3)

Polygon: Open Track

The contract for staking an NFT, managing streams, paying interest rates, and repaying loans is deployed on a polygon ne...Read More
Polygon Technology

Polygon Technology

Superfluid - General Track

I used superfluid contracts, ACL functionality, and a superfluid SDK to start, update, and delete interest streams.
Superfluid

Superfluid

The Graph: Best use of existing Subgraph(s)

superfluid's existing subparagraph was used to display the current live stream as well as the loan history such as inter...Read More
The Graph

The Graph

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