Bailout, an NFT lending platform, allows users to lend and provide liquidity and acquire NFT loans.
What is Bailout?
Bailout is an NFT lending platform that allows users to lend and provide liquidity and acquire NFT loans. Borrowers select an NFT of an approved collection and pay the up to 1/4 of the floor price to purchase it. For each collection, there is a liquidity pool that provides ETH for financing. Liquidity providers can withdraw at any time, without worrying about losing their interest rates or waiting for an individual borrower to repay them.
