Details
Drops provides loans for NFTs and DeFi assets, supplying them with much-needed utility. The protocol uses lending pools that enable any type of NFT asset to be used as collateral – from collectibles and metaverse items to financial NFTs. Users can leverage their idle NFTs and DeFi tokens to obtain loans and earn extra yield.
Fundraising
How do you feel about DROPS today?
Total Votes 562
89%
11%
bullish
bearish
Significant Events
May, 2021
DROPS raised $ 1 M in Seed round
Similar Projects
MetaStreet
Liquidity protocol for NFT credit markets
JPEG'd
Decentralized NFT lending protocol
XCarnival
A platform for NFT pledge and loan
BendDAO
NFT Liquidity Protocol
Arcade
NFT-backed loans platform
Lendz
NFT lending platform
Kyoko
Lending market for gamers
Spice Finance
Liquidity routing protocol for NFT lending markets