Lending Mechanics

BPEG'd uses a peer-to-protocol lending mechanism. This means, that the protocol is independent of any liquidity provision or external factors.

The lending mechanics offer several nuances and powerful options for borrowers, such as secured NFT floor pricing powered by our smart oracles, boosting position for larger borrows & multi-collection borrowing, liquidation insurance, and more.

A game changer for NFT borrowers and multi-asset lending on Bitcoin & the Omnichain

Before this feature existed, if borrowers wanted to collateralize multiple NFTs to borrow, it was necessary to take out multiple individual loans securitized by individual collateral.

BPEG'd Smart Lockers drastically simplify this effort: borrowers can simply add as many NFTs as they like to the bundle via our platform, and then take out a single loan against all of them instantaneously. Renegotiating or rolling over (renewing) such multi-collateral loans works the same way as for a single loan, drastically expanding the potential and flexibility of our Omnichain money market.