Pawnfi Platform Overview
Pawnfi is a brand new lending and leasing market to provide fair appraisal, liquidity and use case for Non-Standard Assets (NSA). Besides supporting mainstream assets, Pawnfi covers all types of Non-Standard Assets including Non-Fungible Tokens (NFT), Liquidity Provider Tokens (LP Tokens), tokenized rights, and minor cryptocurrencies with relatively less liquidity.
(Photo courtesy of Pawnfi Protocol)
Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product in an innovative way, so that asset holders and users can maximize capital efficiency. Compared with other lending protocols in the industry, Pawnfi can provide a wider range of asset support, a more flexible loan portfolio, and more diversified asset realization solutions.
The Market Size of Non-Standard Assets (NSA NFT)
Pawnfi Protocol targets the non-standard asset (NSA) market. With the development of Metaverse, more assets in the chain will not be standardized, and the scale of NSA will be much larger than standard assets. Non-standard assets include:
- Non-Fungible Tokens (NFT), such as tokenized gaming assets, artworks, collectibles, hashrate, etc.
- Liquidity Provider Tokens (LP tokens)
- Fungible tokens with relatively small liquidity, such as Altcoins
- Alternatives, such as tokenized insurance, bonds, bills, derivatives, etc
- Other long-tail assets, such as tokenized physical assets
The First Lending & Leasing Marketplace for NSA
Pawnfi builds the first Pawn (collateralized loan), Lease and Resale marketplace for non-standard assets. Besides, assets holders can initiate Pawn, Lease, and Sale purposefully or simultaneously within one smart contract, so as to obtain diversified cash flow and maximize capital efficiency.
In recent updates, Pawnfi was included in CoinList Seed 2021 batch
