🪧NFT Lending

Why did we build an NFT lending system?

The longer the playtime, the more rewards users can obtain from a P2E game. However, there are cases where users are holding NFT, but often can't use it due to a lack of playtime. On the contrary, there are many users who have time to play games but cannot purchase high-quality NFTs.

Fantasy town has created an environment that rewards users with many NFTs, users who have played games for extensive periods, users with little NFTs, and users who have just started.

What is FANT lending system?

Users who have plenty of time to enjoy Fantasy Town and are ready to acquire processed goods can receive more rewards through the lending system. These users can upload data such as secondary, tertiary product acquisition, and YAC acquisition to the FANT Lending Platform and sign an agreement with the lender as an NFT borrower.

Character lending

Lending process

  1. Lender and borrower will proceed with the contract via smart contract on the lending platform.

  2. Lender locks up NFT in a third wallet.

  3. Compensation tokens for third wallets will be distributed to lender and borrower wallets according to smart contracts.

  4. At the end of the contract, the NFT automatically returns to the lender.

Land lending

Lending & Borrowing requirements

Borrower Registration Requirements

  • Construction of 5 buildings

  • Sales of processed products more than 5 times

  • Have more than 10 YAC

Borrower can connect their wallet to the FANT lending place to register there as borrower in order to receive compensation. (This is subject to change.)

Benefits of Lender & Borrower

Compensation for lender and borrower are distributed based on the percentage initially agreed upon. The compensation distributed is as follows. (You can participate in Guild War through borrowed NFT.)

  • YAC

  • Gold

  • FANT

Important Notes

  • The NFT is visible on the browser game screen, but it is locked. The locked-up NFT cannot be transferred or traded elsewhere.

  • You cannot participate in the guild war 5 hours before the end of the NFT lending period.

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