Double Protocol collaborates with Ubiloan

Published on: 24.11.2022
Double Protocol collaborates with Ubiloan

Double Protocol has reached a strategic collaboration with Ubiloan, a decentralized, immutable, and transparent loan protocol specializing in GameFi NFTs.

Through this collaboration, Ubiloan will adopt and integrate the ERC-4907 token standard into its NFT loan protocol and gaming guilds.

NFT lending is referred to as the process of collateralizing your NFT as a loan in exchange for immediate crypto payment. And it addresses the asset class’s most significant issue: liquidity. Basically, it allows lenders to lend their money on the platforms and receive interest on loans given out.

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