🌟Benefits of Hashroom
Lenders & Borrowers Benefits
-Lenders
By offering HBAR for lending on this platform, lenders can almost always benefit from a win-win situation. Lenders have the opportunity to earn interest rates with high annual percentage yields (APY) when they provide HBAR for liquidity. In the event that a borrower is unable to repay the loan, the lender will become the owner of the non-fungible token (NFT) that was put up as collateral. This service offers a potential source of income for lenders, as they can earn profits from their loans or acquire valuable NFTs at a discounted price.
-Borrowers
Hashroom will provide a space for Hedera NFT collectors to come to collateralize their NFTs for quick liquidity to do as they wish. Perhaps an opportunity came up, and you don’t want to let go of your precious NFTs; Hashroom is here to help you collateralize your NFT by helping you connect to a Lender ready to lend a hand in a decentralized way!
Overall, the lending process on this platform provides a mutually beneficial situation for both borrowers and lenders. There is nothing better than a win-win situation.
-HBAR Volume Milestone
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