Collateral Listing

Megaloandon enables users to collateralize their NFTs for instant liquidity. NFT holders can get up to 60% of the NFT value without needing to wait for a sale.

Process: The NFT is deposited into Megaloandon's smart contract, which automatically evaluates its price based on an Oracle and mints a BoundNFT to the user

Borrowing Capacity: Users can borrow up to 60% of the current price of the NFT.

Flexibility: The borrower retains ownership of the NFT, with the ability to repay the loan and reclaim the asset at any time.