How it Works
Enables of Liquidity in NFT & DeFi Landscape
Case 1 | User A
On maturity date User A pays back principal amount + interest and NFT ownership is transferred back
Own NFT & wants to borrow against it
Strip Marketplace
Option to upload NFT details/fetch from marketplaces like Opensea, Rarible, Binance etc
Bids for the NFT mentoring the amount plus interest rate and time duration
Case 2 | User B
If User A is unable to pack back the predetermined amount,the NFT ownership in this case is transferred to User B (the lender)