Sodium

Related Apps

• 

  Friend.tech

  A social media app, built on Base network, that decentralizes social interactions using social tokens.

  Web3 Identity · Show more
• 

  IQ Protocol

  A decentralized finance platform that focuses on the rental of NFTs, specifically of blockchain games.

  NFTs Dapps & Tools · Show more
• 

  Pine

  An NFT lending that enables users to purchase NFTs with mortgages, with a buy now, pay later system.

  NFTs Dapps & Tools · Show more

Frequently asked questions

How does Sodium connect NFT holders to the Hybrid Liquidity market?

Sodium connects NFT holders to the Hybrid Liquidity market by combining P2P flexibility with P2Pool efficiency. It allows NFT creators to create lending markets for their projects and communities, enabling rapid loan fulfillment and high collateral valuation for a wide number of whitelisted collections. Lenders can provide liquidity based on their risk-reward tolerance, while Borrowers have the freedom to choose the loan offers that best suit their needs. Sodium is collection agnostic, meaning it supports a wide range of whitelisted collections.

What is the lending functionality offered by Sodium?

Sodium offers lending functionality that allows NFT creators to create lending markets for their projects and communities. Lenders can earn interest on provided liquidity, while borrowers can unlock the value of their NFTs. Sodium connects NFT holders to the Hybrid Liquidity market, combining P2P flexibility with P2Pool efficiency. It offers rapid loan fulfillment and high collateral valuation for a wide number of whitelisted collections. Sodium is collection agnostic, meaning it supports a variety of NFT collections.

How do lenders provide liquidity on Sodium?

Lenders provide liquidity on Sodium by offering their NFTs as collateral for loans. Sodium allows NFT creators to create lending markets for their projects and communities. Lenders can earn interest on the liquidity they provide, while borrowers can unlock the value of their NFTs by borrowing against them. Sodium combines P2P flexibility with P2Pool efficiency to enable rapid loan fulfillment and high collateral valuation for a wide number of whitelisted collections. Lenders can choose the level of risk-reward tolerance they are comfortable with, and borrowers can select the loan offers that best suit their needs. Sodium is collection agnostic, meaning it supports a wide range of whitelisted collections.

How do borrowers unlock the value of their NFT on Sodium?

Borrowers can unlock the value of their NFT on Sodium by utilizing the platform's innovative loan fulfillment process and hybrid liquidity. Sodium connects NFT holders to the Hybrid Liquidity market, combining P2P flexibility with P2Pool efficiency. This enables rapid loan fulfillment and high collateral valuation for a wide number of whitelisted collections. Borrowers can choose the loan offers that best suit their needs, allowing them to unlock the value of their NFTs. Sodium is collection agnostic, meaning it supports a wide range of NFT collections.

Is Sodium collection agnostic?

Yes, Sodium is collection agnostic.

What are the benefits of Sodium's innovative loan fulfillment process?

The benefits of Sodium's innovative loan fulfillment process include the highest collateral valuations in the industry, a wide number of whitelisted collections, and the ability for NFT creators to create lending markets for their projects and communities. Sodium connects NFT holders to the Hybrid Liquidity market, combining P2P flexibility with P2Pool efficiency to enable rapid loan fulfillment and high collateral valuation. Lenders can provide liquidity based on their risk-reward tolerance, while Borrowers have the freedom to choose the loan offers that best suit their needs. Sodium is collection agnostic, allowing for more liquidity and fewer limitations.

How can NFT creators benefit from Sodium?

NFT creators can benefit from Sodium by using its unique lending functionality to create lending markets for their projects and communities. Sodium allows NFT holders to connect to the Hybrid Liquidity market, which combines P2P flexibility with P2Pool efficiency. This enables rapid loan fulfillment and high collateral valuation for a wide number of whitelisted collections. Lenders can provide liquidity based on their risk-reward tolerance, while Borrowers can choose the loan offers that best suit their needs. Sodium is collection agnostic, meaning it supports a wide range of NFT collections.