DAOLama Project Introduction, Team, Financing and News

Performances

RD Popularity Index

2916.00% (24h)

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Project Rank: 4136/15432

RD Growth Index

0100200300400500

Project Rank: --/15432

Comparison

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Details

DAOLama is an NFT lending protocol built on the TON blockchain that allows users to use their NFTs as collateral to receive instant TON loans without negotiating with a counterparty or waiting for approval. Its core features include borrowing against NFTs, purchasing NFTs via partial payments, and NFT leasing. The protocol uses smart contracts to hold collateral, ensuring fund security; if a loan is overdue, the NFT enters an automatic auction, with the original owner having a 24-hour grace period to redeem it. The platform issues the $LLAMA governance token, which provides benefits such as fee discounts, protocol revenue sharing, and participation in auctions.

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Ecosystem(1):

Founded:

2023

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