Borrow Against an NFT
Use a supported NFT as collateral and review the loan before signing.
Before You Borrow
- Connect a wallet that supports Robinhood Chain and the NFT you want to use.
- Keep ETH in your wallet for transaction gas.
- Check the loan currency shown for the collection before you continue.
Start a Loan
Select Orders beneath a collection name to compare offers in its offer book. Filter by term to see the available durations. The best offer appears first and is selected by default when you borrow; review the terms before confirming the loan.
- Open Liquidium.WTF and select Robinhood from the Bitcoin and Robinhood toggle in the navigation bar. The toggle keeps the current Borrow, Lend, or Portfolio page open as it changes networks.
- Use the Connect a wallet modal to sign in with the ETH wallet that holds the NFT.
- Open Borrow and choose a supported collection.
- Select the NFT you want to use as collateral.
- Review Floor, LTV, Term, and Interest. The repayment summary shows the repayment amount, term, and Due by date and time.
- Open Details to check Loan amount, Activation fee, You receive, Interest, Total repayment, and Network fee.
- Follow the wallet actions shown. If Approve collateral appears, select Approve NFT and approve the contract to move your NFT when the loan starts.
- Complete Confirm borrow and confirm the transaction in your wallet. You receive the principal minus the 0.75% activation fee.
Review the collateral approval and borrowing actions.Test example; check the live app for current rates and terms. - Wait for Loan started, then select Go to portfolio to manage the loan.
- For a WETH loan, you can keep the proceeds as WETH or select Convert WETH to ETH. Enter an amount within your balance and select Unwrap to convert it one-to-one. This step is optional.
Loan started, with the optional Convert WETH to ETH action.Test example; check the live app for current rates and terms.
Principal Limits
The protocol caps principal at 98% of the collection's live floor price. It does not set a minimum principal.
Floor prices can change between review and signing. Check the displayed floor, principal, and LTV again before you approve the final transaction.
Repayment
Check the Due by date and time in the loan review. Complete repayment before that deadline and allow time for on-chain confirmation.
You can repay before the deadline, but you still owe the full term's interest.