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The first integrated peer-to-pool and peer-to-peer NFT lending protocol has been launched on Ethereum, and it’s called OpenSky Finance.

The first integrated peer-to-pool and peer-to-peer NFT lending protocol has been launched on Ethereum, and it's called OpenSky Finance.

DUBAI’S INTERNET CITY, the 31st of August, 2022 – On the Ethereum mainnet, OpenSky Finance has begun operations. NFT owners have the ability to use their BAYC, CryptoPunks, or MAYC NFTs as collateral to secure an instant loan for up to forty percent of the floor price. Borrowers on OpenSky also have the option of pledging their BAYC, CryptoPunks, MAYC, Moonbirds, Doodles, and Azuki collections, in addition to 11 other whitelisted NFT collections, when making a peer-to-peer loan offer.

OpenSky Finance is the first combined peer-to-pool and peer-to-peer NFT lending protocol, and it was created on top of Aave, the premier money market for decentralized financial institutions (DeFi). In addition to receiving grants from AAVE Grants DAO, Rarible Protocol, and Alchemy, OpenSky Finance has also successfully raised venture funding from MetaCartel Ventures, Alpha nonce, FBG Capital, and SNZ Holding, as well as other prominent venture capital firms.

OpenSky Finance has been subjected to exhaustive smart contract audits by the two companies that currently dominate the Web3 auditing industry (PeckShield and CertiK).

The Community and Its Role in Social Media:

OpenSky Finance can be found online at:

Follow Open Sky Finance on Twitter at https://twitter.com/OpenSkyFinance and chat with them on Discord at https://discord.gg/uDj5zGGU.
Telegram: https://t.me/OpenSkyLabs
Medium: https://medium.com/@openskyfinance

 

Contact Details:

Contact Name: Robbie
Email: [email protected].finance

Orizu Augustine
Orizu Augustine is an experienced crypto writer working for Alltechcraft. Having passion for writing, he covers news articles from blockchain to cryptocurrency and iPhone and Samsung related articles.