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WEB3 3.0 WINNER
Solvent
Solvent is an NFT lending protocol that allows users to convert their NFTs into fungible tokens.
NFT DappsNFT Lending Dapps
Chains:Solana
What
is
Solvent
Solvent is an early liquidity platform for NFTs on Solana. The platform lets users convert their NFTs by depositing them into a NFT collection on Solvent (bucket). This mints tokens called droplets which can be used for lending, fractionalized ownership of NFTs and gaining passive income. Solvent uses AMM-based floor prices and calculates collateralized loans based on this.
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