We have a new entrée which is all set to revolutionize NFT lending, Astaria, which aims to prioritize borrowers by offering instant liquidity, fixed terms, and eliminating forced liquidations.
They have launched Astaria.XYZ with a focus on user convenience, Astaria allows borrowers to easily access loans from supported collections such as MAYC, CloneX, and Chromie Squiggle.
The platform stands out with its unique three-actor model design for NFT-backed lending. The three key actors in this model are the borrower, liquidity provider, and strategist.
The strategist plays a crucial role by creating loan offers for the vault, charging a fee for their services. Liquidity providers then deposit their funds into the vault, while borrowers can easily borrow from it.
AstariaXYZ sets itself apart as an instant liquidity NFT lending platform that aims to expand and enhance the NFT lending ecosystem.
By offering instant liquidity, fixed terms, and eliminating forced liquidations, Astaria addresses some of the major pain points in the NFT lending space.
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