I think I have address that here. The idea it to create a platform where NFT can be provided LP just like DEXes. The only difference is this allow NFT holder to use their LP has collateral and borrow btt or wbtt against it.
Also anyone can create a LP and set their own percentage and the duration it should take to for the loan to be paid.
So example let say 0x5A7…D19D create an LP pool for Nuggets collection. And with this he set his interest to 4%, adds 1M Btt to the pool, set a duration of 7 days( which means the borrower has 7 days to pay the load he borrowed from the pool else the borrower NFT is sent to to the pool creator to claim.
Also any pool creator can set how much they will like to give in the LP the created.
Example. If a NFt for a collection i.e floor price is 200k btt. Pool creator can set one price per NFT to 100k btt. This way if the borrower don’t pay back they can claim and sell it for a much higher price.
Before anyone am crashing down. We are this working on it. As it would be a great feature to have. Plus I hope this might change the NFT dilemma and hopes it starts from this network and much hope others copy too.