I’m holding a few mid-tier NFTs I don’t want to sell yet, but I’m considering putting them up as collateral to unlock liquidity.
Platforms like NFTfi, Arcade, and Blend (Blur) look promising, but I’m trying to gauge the real risk before committing.
What’s your experience with NFT-backed loans?
Platforms like NFTfi, Arcade, and Blend (Blur) look promising, but I’m trying to gauge the real risk before committing.
What’s your experience with NFT-backed loans?- Any platform you found more trustworthy than the rest?
- What happens if floor prices dip hard mid-loan?