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WEB3 3.0 WINNER
NAMA Finance
A decentralised cross-chain NFT lending protocol.
What
is
NAMA Finance
NAMA solves the NFT liquidity issue across blockchains by enabling borrowers to use NFTs as collateral to create loans on one chain and get funds on another. On the other hand, lenders can lend funds to loans on supported blockchains to earn high-yield interest and rewards. NAMA supports three different loan modes: (1.) P2M, short for peer to multiple, one loan may have one or several lenders, (2.) the English Auction mode, and (3.) a funding pool mode, one funding pool to a set of allowlisted NFTs.
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