Balloon

The Balancer protocol allows users to earn interest on their non-fungible tokens (NFTs) through secure deposits.

The Balancer protocol empowers users to deposit their NFTs and earn interest on them. Borrowers can choose NFTs that align with their ideal valuation, collateral needs, and loan duration. Interest is charged only for the time the loan is active, making it a flexible option for users. Once an NFT is borrowed, it can be sold immediately, enabling users to capitalize on market opportunities or buy back later, while also allowing for the return of any NFT from the same collection with minimal adjustments.