Banx is the only perpetual P2P NFT lending protocol on Solana.
Banx aims to provide the ‘true DeFi’ lending experience (borrowing with intention to repay & lending for yield) vs options trading (hedging/selling/buying NFTs via high risk loans and skipping royalties in the process)
Perpetual loans allow NFT holders to borrow SOL over any duration, at loan values and interest rates of their choice, with the ability to repay anytime.
Lenders benefit from attractive SOL APR, auto-compounding yield, and instant yield bearing opportunities from refinancing active loans.
Banx uses 100% of its revenue (fees + royalties) to buy back $BANX from the market distribute it to stakers
Banx aims to provide the ‘true DeFi’ lending experience (borrowing with intention to repay & lending for yield) vs options trading (hedging/selling/buying NFTs via high risk loans and skipping royalties in the process)
Perpetual loans allow NFT holders to borrow SOL over any duration, at loan values and interest rates of their choice, with the ability to repay anytime.
Lenders benefit from attractive SOL APR, auto-compounding yield, and instant yield bearing opportunities from refinancing active loans.
Banx uses 100% of its revenue (fees + royalties) to buy back $BANX from the market distribute it to stakers