Details
Drops provides loans for NFTs and DeFi assets, supplying them with much-needed utility. The protocol uses lending pools that enable any type of NFT asset to be used as collateral – from collectibles and metaverse items to financial NFTs. Users can leverage their idle NFTs and DeFi tokens to obtain loans and earn extra yield.
Fundraising
Significant Events
2021-05-04
DROPS raised $ 1 M in Seed round
Similar Projects
JPEG'd
Decentralized NFT lending protocol
XCarnival
A platform for NFT pledge and loan
BendDAO
NFT Liquidity Protocol
Arcade
NFT-backed loans platform
leNFT
NFT trading and lending protocol
Lendz
NFT lending platform
Kyoko
Lending market for gamers
Spice Finance
Liquidity routing protocol for NFT lending markets