Solvent is an NFT lending protocol that allows users to convert their NFTs into fungible tokens.
What is Solvent?
Solvent is an early liquidity platform for NFTs on Solana. The platform lets users convert their NFTs by depositing them into a NFT collection on Solvent (bucket). This mints tokens called droplets which can be used for lending, fractionalized ownership of NFTs and gaining passive income. Solvent uses AMM-based floor prices and calculates collateralized loans based on this.
