Defrag protocol enhances the security of your NFTs by utilizing a Put Option instrument. This innovative mechanism allows NFT holders to access loans backed by their assets while managing risk effectively. By participating, NFT owners gain entry into the first Underwriting Pool, which enables them to earn premiums and explore the world of NFT-collateralized loans. Additionally, our platform supports fractional borrowing through smart contracts, creating a specific number of tokens linked to the original NFT, making it easier than ever to leverage your digital assets.
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