"I love Vera: NFT Rentals & Mortgages"

2022-05-07 05:45:16

? NEWSFLASH • BSC and Polygon NFTs are now supported! No collateral rentals coming up next! ? Learn more FAQ Network CoinGecko Coin Market Cap Cross-Chain Swap Token Contract Addresses Docs Blog Community Ecosystem Stake Buy Vera Voucher NFTs DODO: WBNB-VERA Gate.io: ETH/USDT-VERA AscendEx: USDT-VERA We're Hiring! Make NFTs work for you The best way to rent, lend, and mortgage NFTs. Explore NFT rentals Learn more BUILD ON FEATURED New Listings Let’s find a collectible that is perfect for you. The Walking Ape #495 The Walking Ape XOiD #1932 XOiD Fleet 001 Pancake Christmas 2021 Pancake Bunnies LOK Gold 1M League of Kingdoms Explore marketplace TRUSTED BY THE METAVERSE Ecosystem Partners See all our partners Vera is for everyone. Vera allows any metaverse or marketplace to generate new revenue streams, reimagine user experiences, and empower communities. Rent Borrow NFTs to access unique experiences. Rent NFTs Lend Lend your NFTs and earn passive income. Lend NFTs Mortgage Let’s help you afford your favorite NFTs. Coming soon COMING SOON Need an NFT loan? Tell us which NFTs you want lenders who can offer competitive financing rates. In the meantime, try out our testnet marketplace supercharged by NFT financing payment options! Coming soon POWERED BY THE PEOPLE Global Community Learn more about Vera, get to know our team, meet other community members, and have your say in shaping the future of open finance for NFTS. FAQ In case youmissed anything. What is Vera? Vera is a decentralized protocol built on top of major blockchains that allows essential financial services for NFTs such as renting, lending, and mortgages. Decentralized protocols are non-custodial, meaning digital assets and NFTs are not owned by any middleman or intermediary. How does NFT renting or lending work? Lending and renting allows you to list your NFT on the marketplace with your desired rental terms. Collateralized renting requires the borrower to deposit collateral to rent your NFT while non-collateralized renting does not require any collateral. Currently, our testnet supports non-collateralized NFT rentals and is coming soon to our mainnets. How does NFT financing or mortgages work? There are two types of NFT mortgages: Seller financing and network financing. Seller financing does not require collateral and allows you to purchase an NFT with installments. Network financing may or may not require collateral and allows you to purchase an NFT with a loan provided by our network, and you will pay back the loan plus interest over time. Mortgages will be available in 2022. Are there any risks for my NFTs to be stolen? NFT rentals that require collateral may be stolen. If that occurs, the lender gains the collateral which is intended to deter theft. Rentals that do not require collateral cannot be stolen because Vera Lien technology prevents the rented or mortgaged NFT to be burned or transferred from the borrower's wallet during the duration of the rental or financing. Are there any hidden fees or charges? When you rent an NFT, Vera does not add any hidden fees to your rental price. Instead, Vera will take a one-time % trasaction fee from the lender. Similarly, when you purchase an NFT with seller financing, there are no hidden fees added the purchase price, and Vera will take a one-time % transaction fee from the seller. When take out a mortgage to buy an NFT, Vera will pay liquidity providers your interest owed and take a % of the interest as a service fee. Currently, all fees are waived for all our financial products while we are in Beta. What is the $VERA token used for and why will its value go up? $VERA is the original utility token for the Vera network and entered the market on September 23, 2021 as both an ERC-20 and BEP-20 token. Additional networks may be supported over time. Staking $VERA will be required to participate in the Vera DAO which governs the treasury, Lending Pool (of cryptos from liquidity suppliers), NFT Rental Pools, and Mortgage Pools. For instance, DAO members may decide which NFT collection or asset type may be serviced or removed from our network. Complete details of our DAO and token design will be released at a later date. Build Docs Github Chat on Discord Apply NFT Holiday Game Careers Partnerships Learn FAQ Blog Videos Media & Press Other $VERA Token Swag Shop Disclaimer Brand Guidelines Built with from ?️ Copyright © 2021 Vera Labs