NAMA Overview
- What is NAMA?
NAMA Finance is an omnichain NFT liquidity protocol that enables borrowers to use NFTs as collateral to create loans on one chain and get funds on another. Lenders can lend funds to loans on supported blockchains to earn high-yield interest and rewards.
- Main Features
- NFTs as collateral to secure loans across different blockchainsBorrowers can access stablecoin loansFlexible Repayment TermsLossless Liquidity FarmingCommunity Governance
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Frequently asked questions
Yes, any NFT token can be listed on the NAMA Protocol. The protocol allows for the listing of any NFT tokens, not just limited to ERC721 or ERC1155 tokens. The listing process is permissionless, meaning that there is no entity controlling the listing process, making the features of the protocol accessible to every NFT token.
If you do not repay your loan on time, the asset you used as collateral will be liquidated.
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