How it works
Last updated
Last updated
JPEG'd P2P is organized around 4 sections:
My NFTs: Displays all your NFTs, both in wallet, listed or in loans
My Loans: Displays all your active loans, NFT offers and collection offers.
Listings: Displays all the listings looking for a lender and the active listings
Collections: Displays all supported collections and all the collection offers
Open a Loan: NFT owners can accept existing loan offers or list their own loan requests.
List Loan Request: If suitable offers are not available, NFT owners can specify their desired loan terms.
Close a Loan: Loans can be closed anytime by repaying the principal and interest, allowing the borrower to reclaim their NFT.
Get Better Terms: Lenders can automatically refinance a loan by offering better terms to the borrower, automtically decreasing the borrow cost.
Per Block Interest: Interest gets accrued every block. If you repay early, you only repay the interest accrued until repayment.
👉 View our guides for borrowing here
Lending Offer: Lenders can make offers on specific NFTs or as collection offers, specifying the terms.
Refinance: Lenders can offer better terms to borrowers with existing loans, repaying the accrued interest to the original lender.
Set a Minimum Interest: Lenders can specify a minimum interest that they'll earn in case of refinancing or early close of the loan.
👉 View our guides for lending here
