NFT Lending

Allow NFT owners to borrow stable coins, or other tokens against their NFT assets.

listToken

Input:

  • NFT address, the tokenID

  • Address in which they want to get paid and the amount

  • Loan duration

Output:

  • Tx ID

This function will be used by borrowers to list a new loan opportunity. When called, the user will be asked to approve the transaction, and the NFTs will be transferred to the smart contract as collateral. The function will generate a unique trade ID.

Lend

Inputs:

  • Tx ID

This function will be called by investors to perform a trade by sending the trade ID. The function will get the tokens to pay with from them.

withdraw

Inputs:

  • Tx ID

This function will be called by borrower to pay back their loans with interest and get back the NFT

cancleLoan

Inputs:

  • Tx ID

This function will be called by the investor to get NFT from the smart contract when the borrower fails to pay back on time.

listLoans

Inputs: None

Outputs: List of available NFT for sale with details.