Lending & Borrowing Protocol

Fungily protocol solves one of the core challenges when it comes to using NFTs as collateral due to the absence of true price discovery which is the nature of NFTs. With Fungily, NFTs being backed by liquidity doesn't only make NFTs trade instantly, but also creates true price discovery which makes collateralization of NFTs feasible and reliable. With Fungily Protocol, NFTs are backed by liquidity and traded through Fungily AMM, providing real pricing and value not based on speculation or appraisal, but on actual live market trade. Fungily protocol makes it possible for lending and borrowing protocols to: