Drops
Instant loans for JPEGs, metaverse assets and financial NFTs
Status
Not set
Live
Live
Chains
Polygon
Ethereum
Category
DeFi
Category
Channel Partner
Partner Type
No items found.
Integrations
Data Feeds
Product Type
Data Feeds
Industry
No items found.
DeFi
Year
2021
Collaboration
Social
Integrations
Channel Partnership Details
July 16, 2021
Drops Integrates Chainlink Price Feeds to Secure NFT-Backed Loans and Margin Trading
Read more
Data Feeds
About
Drops

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Drops brings DeFi-style infrastructure to NFTs, adding much-needed utility to idle NFT assets. Users can leverage their NFTs to obtain loans and earn real yield, reducing the opportunity cost of holding NFTs long-term.

This Drops infrastructure will become increasingly important as we witness the rise of “financial NFTs” — an expansion of the space beyond digital artwork into more tangible financial instruments.

Drops will offer gasless transactions and a smooth user interface by leveraging the layer-two platform Polygon, enabling fair and frictionless participation for all users.

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Data Feeds
DeFi