Arcade allows users to underwrite fixed-rate term loans using NFTs as collateral.
What is Arcade?
Arcade is an NFT lending platform that allows users to underwrite fixed-rate term loans using NFTs as collateral. The platform uses a smart contract protocol called Arcade Protocol to escrow high-value assets on the Ethereum blockchain. Their newly launched V2 also allows for airdrop-friendly vaults, and speeds up the process for lenders and borrowers.
