NAMA Finance: More Than A Decentralized NFT Liquidity Protocol
Welcome to NAMA Finance!
NAMA is a decentralized liquidity protocol for NFT-collateralized borrowing and high yield lending.
Background:
NFTs are taking off and driving a new wave of crypto adoption. Even in Uniswap V3, LP positions will be represented by NFTs.
As an owner or a collector, your NFTs are precious, perhaps it’s an NBA top shot, or maybe it’s a CryptoPunk.
You enjoy them, proud of them, and know the value of them, until one day you just realize that’s all you can do before you sell them!
Liquidity is the key.
Valuable NFTs are heavy assets, they sit there and are just a part of your Balance Sheet. You won’t be able to turn the potential value into the money before you sell it.
But what if you want your cake and then still eat it? What if you want to make the most of the NFTs’ value, without selling them? The question can go on and on, but we need a solution to address the key issue: LIQUIDITY.
Find Out More About NAMA:
NAMA combines the DeFi and NFTs together which enables lenders to earn high fixed interest and borrowers to use their NFTs as the collateral to apply for loans.
NAMA aims to solve the 2 biggest challenges here: NFT Liquidity and NFT Pricing.
- NFT Liquidity: Anyone can be a borrower, and stake their NFTs as collateral for getting a loan. Borrower requests a loan via our intuitive UI, and once the loan is fulfilled by one or many lenders the borrower can claim the loan amounts via the smart contract. On the other hand, anyone who has stable coins and staking them into Nama pools can be a lender. Lenders can invest in each listed loan items with any amount they like, meanwhile they will get attractive interest as well as NAMA rewards.
- NFT Pricing: Nama provides an AI-based Oracle behind the scenes, it will not only assess the loan risk but also give a maximum borrow amount for loans based on the real-time NFT trading market.
Why Us:
- Support NFTs from all protocols: Not only ERC-721 or ERC-1155, but also the NFTs on Flow and other chains.
- Powered by DeFi: No arbitrator, no hassle.
- NFT trading tailored Oracle: Provide NFTs appraisal and loans risk assessment.
- Safe and Secure: By leveraging Nama Oracle with audited smart contracts.
- DAO-structured community governance: Everyone has the opportunity to shape the future success of the Nama community.
We will release more about the project, stay tuned!
