Honey Finance
What is Honey Finance?
Honey finance allows its users to use their NFTs as collateral on peer-to-contract loans, as well as NFT farming. DAOs use the protocol to create lending markets, which match lenders and borrowers in isolated risk markets (IRMs). The protocol employs variable interests rates based on liquidity, and their anticipated Loan-to-Value ratio is 50%. Their governance token $HONEY can be minted by staking NFTs into their farms.
Web3 dapps and developer tools related to Honey Finance
Discover blockchain applications that are frequently used with Honey Finance.
Cur8NFT Marketplaces
Multi-chain digital asset display suite integrating art galleries, social networks, and marketplaces.
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RenfterNFT Renting Dapps
Renfter is a Decentralized Uncollateralized NFT Renting Protocol.
OverHypedNFT Marketplaces
OverHyped.io is an NFT marketplace that sells tech-enabled clothing with authenticity verification.
Resources and Guides about NFT Lending Dapps
Honey Finance Alternatives
Explore web3 competitors and apps like Honey Finance.
SupermojoNFT Lending Dapps
Supermojo is a buy now, pay later system for purchasing NFTs.
KyokoNFT Lending Dapps
Kyoko Finance, a cross-chain platform, facilitates GameFi NFT lending for both players and guilds.
OmniHubWeb3 Bridges
OmniHub users can mint ONFT, NFT on 30 networks and bridging them and play games.
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