Peer 2 Peer Lending
Peer 2 Peer NFT Lending
JPEG'd P2P is a friendly and flexible platform where NFT owners and lenders can connect directly. Imagine a community marketplace where you can post your loan requests or lending offers. It's that simple! You decide the terms, and you negotiate directly with others, making it personal and tailored to your needs.
JPEG'd P2P is a compliment for NFT holders looking borrowing directly against ETH/USDC/USDT rather than the synthetics of the CDP.
At launch there will be no protocol fees taken, allowing lenders to maximise their profits.
Why Choose JPEG'd P2P?
Advantages for Borrowers:
Unlock Liquidity: Borrow against your NFTs without selling them.
Flexible Terms: Set your own loan terms, including principal amount, APR, and loan duration.
Permissionless Access: Use any NFT collection as collateral and borrow in any supported token.
Competitive Offers: Receive and negotiate multiple offers to find the best loan terms.
Refinancing Options: Lenders can refinance existing loans at better rates, reducing your borrowing costs.
No Forced Liquidations: Enjoy peace of mind with no automatic liquidation mechanisms.
Per block Interest: Only pay interest on the period you borrowed.
Advantages for Lenders:
Attractive Returns: Earn high interest rates by lending against valuable NFTs.
Flexible Lending Options: Make offers on specific NFTs or entire collections.
Collection Offers: Don’t constantly search for listings; place collection-wide offers that any borrower can accept.
Refinancing Opportunities: Offer better terms to borrowers and take over existing loans for additional profit.
Permissionless Participation: Support any NFT collection and lend in any supported token.
Supported Assets
JPEG'd P2P is permissionless and can support any NFT collections. At launch the following assets are supported:
Lending assets
ETH
USDC
Collateral
Cryptopunks
Milady Maker
Pudgy Penguins
Bored Ape Yacht Club
Mutant Ape Yacht Club
Azuki
Doodles
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