Pawnfi Protocol is the first DeFi product which introduces the pawn concept, also a brand-new lending and leasing market to provide fair appraisal, liquidity and use case for Non-Standard Assets (NSA).&nbsp;Besides supporting mainstream assets, Pawnfi covers all types of Non-Standard Assets including Non-Fungible Tokens (NFT), Liquidity Provider Tokens (LP Tokens), tokenized rights, and minor cryptocurrencies with relatively less liquidity. Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product in an innovative way, so that asset holders and users can maximize capital efficiency. Compared with other lending protocols in the industry, Pawnfi can provide a wider range of asset support, a more flexible loan portfolio, and more diversified asset realization solutions.

Pawnfi

Pawnfi uses a smart contract escrow system to allow its customers to take out loans using their non-fungible tokens.

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