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Unloc

Unloc

Unloc is a customizable, escrowless NFT-collateralized loan platform on the Solana blockchain. It allows NFT owners to borrow cryptocurrencies (USDC & SOL) against their NFTs by setting their own loan terms, without price-impacted liquidations. The platform supports Blue Chips, 1/1 Art, and Real-World Assets, and the NFT remains in the owner's wallet during the loan period.
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Description

Unloc is a highly customizable, escrowless NFT-collateralized loan platform on Solana that allows users to borrow and lend cryptocurrencies against their NFTs. It empowers NFT owners by allowing them to set all loan terms, including duration, amount, currency, and interest, avoiding a "one size fits all" approach. This makes it suitable for a variety of assets, including Blue Chips, 1/1 Art, and Real-World Assets. A key feature is that the platform is escrowless, meaning the NFT remains in the owner's wallet unless they default on the loan.