Key Features of Cross-Protocol ReFi - NFTfi introduced Cross-Protocol ReFi, enabling borrowers to refinance NFT loans from other platforms to NFTfi without full repayment [1] - The service offers 0% fees, contrasting with competitors' 15% fees [2] - Aims to unify lending markets and provide better terms for borrowers [2] Problem Solving - Addresses liquidity fragmentation across different NFT lending protocols like NFTfi, Gondi, Arcade, and Blur [1] - Intends to make the market more efficient and reduce loan costs for borrowers [1] - Potentially mitigates liquidation cascades, referencing past Blend events and hinting at Blur integration [2]

One thing I’ve always loved about NFT lending on sites like GondiYour loans can’t be calledNo liquidationsIt’s still a form of leverage but much more peace of mind and more controlburga (@0xburga):Total Liquidations on @gondixyz since yesterday: 0Yes, 0.Time-based liquidations is a feature. Maturities are spread across weeks or months.Can some loans default over the next few days? Yes, of course. But in all those situations, borrowers had time to adjust and even ...

People still laugh at NFT lending even though it's an incredibly lucrative niche to be inCirrus (@CirrusNFT):"You still do NFT lending? Thats still a thing?"Yea kinda hard to find a reason to stop when the 15 of us that that capture 90% of the volume get to split $30,000,000 in interest per year https://t.co/rpLY2tx8WV ...

Didn’t realize at the time that this is the new official NFT lending record for a 1/1NFT lending market up and to the rightTylerD 🧙‍♂️ (@Tyler_Did_It):$1,000,000 NFT loan against an XCOPY 1/1 on Gondi🤯 ...

Being able to get liquidity back from some of my NFTs and 1/1s has:1) allowed me to make trades over the past few years that I would’ve otherwise been sidelined from2) hold on to the NFTs for much longer periods of timeThere are risks associated of course but I owe a lot of my current portfolio to NFT lending (a story for another day)GONDI (@gondixyz):Painting American Gothic by @grantyun2 just originated for 14.5 ETH at 5.0% APR, over 30 days, w/ an origination fee of 0.44 ETH.Art-backed lending hits the h ...