MetaGameLand Partnership with AlphaQuark
MetaGameLand Partnership with AlphaQuark, the leading liquidity protocol for NFTs on Binance Chain and Klaytn network.
AlphaQuark allow NFT owners to use the assets they own to access the liquidity they need by receiving secured wBNB (wKLAY) and BUSD (oUSDT) loans from liquidity providers peer-to-peer in a completely trustless manner.allow NFT owners to use the assets they own to access the liquidity they need by receiving secured wBNB (wKLAY) and BUSD (oUSDT) loans from liquidity providers peer-to-peer in a completely trustless manner. As MetaGameLand announced their Partnership with AlphaQuark.
Alpha Quark liquidity providers use Alpha Quark to earn attractive yields or — in the case of loan defaults — to have a chance at obtaining NFTs at a steep discount to their market value.
Building a fully decentralized, permissionless, user-owner public utility, supporting the seamless financialization of NFT based economies through innovative mechanisms and highly user-friendly applications.
What are the main Alpha Quark Lender benefits?
Liquidity providers use their idle capital to earn attractive yield and, in case of Borrower defaults, have a chance at obtaining NFTs at a steep discount compared to market prices. Strategies vary among liquidity providers.
Is Alpha Quark safe to use?
Your NFT item is held in escrow in Alpha Quark’s Smart Contract through the entire duration of the loan and the item never goes anywhere. The Lender does not have access to it. The only way you can lose your asset is if you don’t repay the loan on time. And the Lender opts to take advantage of the foreclosure option. That’s the rules of the game!
About MetaGame Land
MG. Land provides a “playground” for NFT players while adding a variety of rides to it. They are making MG. Land a place with hundreds of popular games. They provide a platform for NFT creators to meet their holders, i.e. to generate a game character from your NFT holdings. With the support of this technology to build and operate NFT passes in the web3 game world, you can use your favorite NFT as a combat character. You can also play as your favorite pixel art NFT in this virtual world amusement park! In addition, they added a social element to our land, which perfectly solves the problem of the lack of social dimension in many NFT base game lines.