WEMIX

Dear NILERs,We are pleased to announce that  NFTFi, the world&#39;s first P2P (Peer-to-Peer) protocol-based service, is now available on NILE!NFTFi of NILE is a decentralized protocol-based service that allows NFTs owned by individuals to be utilized as types of financial products. NFTFi aims to provide services that are beyond the purchasing and trading of NFTs such as Borrow and Lend service. Borrow service enables  users to borrow tokens by setting NFTs that users own as a collateral to create a borrow application while Lend service allows  users to lend tokens they own to secure lend rewards. So, don’t miss out and experience the infinite expansion of assets by using NFTs that have been kept in your wallet for too long!When a user creates a borrow application to borrow tokens by setting its own NFT as a collateral, other users who want to secure lend rewards can bid on the borrow application and lend tokens by holding the NFT as a collateral. If the total borrowed amount, including the lend reward, is not returned before the repayment deadline , the NFT which was held as a collateral will be transferred to the lender.NFTFi helps to create a stable ecosystem with future value guaranteed through the Covenant value, and strives to maximize the asset leverage through an efficient borrow model. Stay tuned for NILE&#39;s new service, NFTFi, which will further promote and boost the NFT DeFi and contribute to the vitalization of the WEMIX 3.0 ecosystem.This will all be possible with the world’s first decentralized protocol NFTFi.Please refer to the details and guideline below for information related to NFTFi.[NFTFi Service] • Borrow : Borrow tokens by setting NFT owned as a collateral. • Lend : Lend tokens by holding the NFT as a collateral to secure lend rewards. • Swap : To be updated. * All NFTFi services can utilize WEMIX and WEMIX$.[Launch Schedule] • June 22nd, 2023[Links] • NFTFi Guideline : <a href="https://docs.wemix.com/v/nile-en/guides/nftfi" rel="noopener noreferrer nofollow">https://docs.wemix.com/v/nile-en/guides/nftfi</a> • NFTFi Teaser Video : <a href="https://www.youtube.com/watch?v&#61;KvLvU6W223g" rel="noopener noreferrer nofollow">https://www.youtube.com/watch?v&#61;KvLvU6W223g</a> • NFTFi Open : <a href="https://www.nile.io/nftfi" rel="noopener noreferrer nofollow">https://www.nile.io/nftfi</a> • Official NILE Homepage : <a href="https://www.nile.io/" rel="noopener noreferrer nofollow">https://www.nile.io</a> We deeply appreciate the support and interest of the community and investors in our mission to enhance the value of NFTs as a financial asset and to further expand the WEMIX3.0 ecosystem through NFTFi.Thank you.Official WEMIX site announcement: <a href="https://www.wemix.com/communication/96c7823f-956c-479c-8bf4-ef1cfab3b6ee" rel="noopener noreferrer nofollow">https://www.wemix.com/communication/96c7823f-956c-479c-8bf4-ef1cfab3b6ee</a>NILE Medium: <a href="https://medium.com/nile-official/nftfi-is-now-live-dae0dd962c70" rel="noopener noreferrer nofollow">https://medium.com/nile-official/nftfi-is-now-live-dae0dd962c70</a>*You can check the original announcement at the official WEMIX site(wemix.com).WEMIX Community : ● Medium : <a href="https://medium.com/wemix-communication" rel="noopener noreferrer nofollow">WEMIX Communication</a> | <a href="https://medium.com/wemix-play" rel="noopener noreferrer nofollow">WEMIX PLAY</a> | <a href="https://medium.com/nile-official" rel="noopener noreferrer nofollow">NILE</a> ● WEMIX Channels : <a href="https://coinmarketcap.com/community/articles/645b425122645a1c100fb3a7/Twitter" rel="noopener noreferrer nofollow">Twitter</a> | <a href="https://www.facebook.com/WEMIXBlockchain" rel="noopener noreferrer nofollow">Facebook(WEMIX Platform)</a> | <a href="https://www.facebook.com/WEMIXGames" rel="noopener noreferrer nofollow">Facebook(WEMIX Games)</a> | <a href="https://t.me/WEMIX_ANNouncement" rel="noopener noreferrer nofollow">Telegram</a> | <a href="https://www.reddit.com/user/WemixNetwork" rel="noopener noreferrer nofollow">Reddit</a>

NFTFi is now live

WEMIX

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