Gondi, a platform for NFT lending, saw users like punk808 collateralize assets to secure loans. Punk808 used a Hoodie Punk NFT and BTC to off-ramp $500k for a beachfront villa down payment, facilitated by Gondi and THORSwap. The process took 12 hours, showcasing the efficiency of NFT lending. Gondi also introduced a new NFT lending dashboard for users to monitor loans, APR, profit, and other activities in one place.
Congratulations to Gondi community member @punk808_ on acquiring a Beachfront Villa! š š” They used the $500k they received by collateralizing both their Hoodie Punk on @gondixyz (200k USDC) and 10.6 BTC (300k USDC) on @THORSwap NFTfi continues to demonstrate the power of NFTs https://t.co/rVe8CMvx9X
Amazing to see chads like @punk808_ using @gondixyz loans for a beachfront villa downpayment. ššš https://t.co/mWNeFBMQE3
BUY BORROW DIE in action. Off-ramped $500k in capital for a beachfront villa down payment by collateralizing my hoodie punk on @gondixyz and my BTC on @THORSwap. All in all it took 12 hrs from initiating loans to the funds landing via wire in my bank. Feels good man. https://t.co/CxiHJdjjdV