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  1. Protocol mechanics

True Ownership

PreviousCrowdsourced pricingNextDynamic Loan-To-Value

Last updated 1 year ago

This feature is still under development and is expected to be released with Unlockd V2.

An early version of True Ownership is available to Borrowers thanks to the utility provided by the .

At Unlockd, we are committed to unlocking all the utility and liquidity of your assets. When you take a loan in Unlockd by depositing your NFT as collateral, you continue to enjoy all the utility that NFT may have in other protocols, communities, or DAOs. This means that your wallet is still eligible for airdrops, exclusive access, play-to-earn games perks, DAO governance or whatever utility the NFT deposited as collateral has.

⚙️
uNFT, the non-approvable, non-transferable debt token that represent a receipt of your loan