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Posted: 2025-04-24 20:20:04 UTC
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-24 20:20:28 UTC
Verified By
Rollup News
SharkyFi is a Solana-based platform that allows users to borrow tokens using their NFTs as collateral without giving them up. It also allows users to lend tokens or NFTs and earn interest.
Borrow tokens against NFTs without selling
Lend NFTs or tokens and set your own terms
No KYC or middleman, enhancing privacy and security
NFTs retain their utility during the loan period
Potential $SHARK token airdrops for loyal users
Risk of NFT loss if loan is not repaid
Competition among lenders to offer attractive terms
Smart contract risks, though mitigated by no escrow