# 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.

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