Hackers.tools

Balloon

What is Balloon

Balloon protocol allows its users to deposit and earn interest on NFTs.

ethereum

What is Balloon?

Balloon protocol allows its users to deposit and earn interest on NFTs. Borrowers choose NFTs with optimal valuation, collateral requirements, and loan duration for their circumstances. Borrowers also only pay interest proportional to the time elapsed relative to the entire loan duration. After borrowing an NFT, users can sell immediately and buy back later to short NFTs or return any NFT from the same collection.

Balloon Alternatives:

Arcade
Arcade

Arcade allows users to underwrite fixed-rate term loans using NFTs as collateral.

Astaria
Astaria

Astaria is an NFT platform that allows users to access liquidity.

Bailout
Bailout

Bailout, an NFT lending platform, allows users to lend and provide liquidity and acquire NFT loans.

BendDAO
BendDAO

BenDAO is a peer-to-pool lending service allowing users to put NFTs up in exchange for ETH.

Cyan
Cyan

Buy Now, Pay Later for the Metaverse.

Drops
Drops

Drops is an NFT lending service that allows users to borrow against their NFTs.