<p><strong>The MetaLend protocol</strong> enables traders to use NFTs as collateral to take out loans, starting with a focus on the GameFi sector. MetaLend empowers NFT owners to continue to utilize their assets to generate yield while the assets are being used as collateral for the loans. After receiving an appraisal of their digital assets by MetaLend, traders are able to borrow up to 30% of the value of their NFT, with loans being disbursed in ETH. Based on these loans, liquidity is provided by lenders looking to earn interest, APY is set by utilization of the liquidity pool with an anticipated range of 5-10%.</p>

MetaLend

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