Kaby Arena partners with Rikkei Finance to bring NFT P2P Lending to users

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Kaby Arena

3 min readApr 6, 2022

Kaby Arena is truly thankful to the strategic partnership with Rikkei Finance (aka RiFi) as we get lots of benefits from this DeFi ecosystem. Today, we are thrilled to inform you that by providing NFT P2P Lending service for Kaby users, Rikkei Finance will take us one step further on the journey of perfecting our product!

How does it work?

Kaby Arena will utilize the NFT Lending of Rikkei Finance to enable users to lend/borrow heroes in the game. The form is P2P (Peer to Peer), where users can set the price and time they want to lend, and if this is a good deal for someone they can borrow to play. The P2P Lending allows participants to lend/borrow NFTs easily and opens up a new path for players.

Why do we need an NFT Lending solution?

An NFT lending and borrowing service is a great idea since both borrowers and lenders can benefit from this:

Many users have NFT heroes in their wallets that are rarely or never used. So, rather than sitting idle in the marketplace users can lend their assets to others and earn interest.
For borrowers, thanks to the lending platform, they can experience the best NFTs at an affordable price and take full advantage of them to make profits.

Final Thoughts

Kaby Arena believes with a crew of developers who have vast experience in blockchain, Rikkei Finance will surely provide a Safe and Secure NFT Lending service for us. This not only makes the game easily accessible but also contributes to mutual growth and success. Also the NFT lending is expected to be released in mid-May, so don’t forget to keep your eyes open for the next update!

About Rikkei Finance

Rikkei Finance is a DeFi Protocol, enabling a Safe and Secure Open Lending with core features: Cross-chain support, NFTs lending, and Liquidation coverage. It utilizes blockchain tech that enables cross-chain integration, meaning it can accept digital assets that operate on any blockchain network and render it at an equivalent rate, making them a real-time currency exchange network.

Join Rikkei Finance community:

About Kaby Arena

Kaby Arena is a Free-to-Play turn-based NFT game where everyone can start playing without the need for an investment. Kaby Arena employs the Play-to-Earn model to reward players with tokens and equipment through dynamic gameplay and participation in PvP tournaments. This seamless combination of the F2P and P2E models gives players of Kaby Arena the opportunity to play and profit at the same time.

Don’t forget to get involved with the community and stay up to date on everything Kaby using the links down below.