Pawnfi Protocol is the first DeFi product which introduces the | DASH Knights 2.0

Pawnfi Protocol is the first DeFi product which introduces the pawn concept, also a brand-new lending and leasing market to provide fair appraisal, liquidity and use case for Non-Standard Assets (NSA).

Pawnfi prioritizes support to ETH, BSC, Polygon, Arbitrum and Moonbeam in Pawnfi EVM version, and has integrated multi-chain versions in the same front end, so that assets will not be fragmented and user experience will be improved on Pawnfi’s multi-chain versions.

Besides supporting mainstream assets, Pawnfi covers all types of Non-Standard Assets including Non-Fungible Tokens (NFT), Liquidity Provider Tokens (LP Tokens), tokenized rights, and minor cryptocurrencies with relatively less liquidity.

With the development of Metaverse, more assets in the chain will not be standardized, and the scale of NSA will be much larger than standard assets.

In addition to the typical Non-Fungible Tokens (NFT), the NSA also includes all types of non-standard tokens, certificates, interests, derivatives, and alternative assets.

The most representative types of non-standard assets include:

Non-Fungible Tokens (NFT), such as tokenized gaming assets, artworks, collectibles, hashrate, etc.
Liquidity Provider Tokens (LP tokens)
Fungible tokens with relatively small liquidity, such as Altcoins
Alternatives, such as tokenized insurance, bonds, bills, derivatives, etc.
Other long-tail assets, such as tokenized physical assets

The First Lending & Leasing Marketplace for NSA

Different from other trading protocols or lending protocols, Pawnfi has achieved the divestiture of asset ownership, use rights, and earning rights within the product.

It means that based on Pawnfi asset holders can simultaneously acquire cash flow such as loan fund (via Pawn), rental income (via Lease), mining rewards (via Sync Mining) without losing the asset ownership.

Because different non-standard assets vary in target groups, market size, and risk levels, there are three different approaches for collateralized loan in Pawnfi:

Crowd-Lending approach for assets with comparatively lower turnover rates;
Automatic Pool-Lending approach for assets with high turnover rates;
Fast Loan approach to balance between the needs for efficiency and risks of the accommodation of all types of assets.

Pawnfi Website: https://www.pawnfi.com
Pawnfi Telegram: https://t.me/pawnfiprotocol
Pawnfi Twitter: https://twitter.com/PawnfiOfficial