Strip Finance is a decentralized NFT lending protocol designed for NFT holders and crypto lenders. It enables users to borrow against NFT...
Pros
- Enables liquidity without requiring users to sell NFTs
- Designed for NFT-backed lending on Solana
- Non-custodial blockchain-based transactions
Cons
- Smaller ecosystem and lower liquidity than NFTfi
- Limited to supported NFT collections and blockchain networks
- NFT price volatility can trigger liquidation risk
Fees and blockchain gas vary by transaction