The DeFi For You mobile app is live for 2022 with further features to be launched early in the year.
DeFi Mobile Wallet for NFTs
The DeFi For You wallet is now live. DeFi For You allows users to secure loans against their NFT collections, using the non-fungible tokens as collateral. Now DeFi For You users will be able to access the functionality of the DeFi For You platform directly from their mobile device.
The mobile app launches with a range of features, with further to be added early in the year.
“The DeFi For You mobile #app is LIVE,” said DeFi For You in a tweet dated December 31. “Mobile wallet features are live. #NFT market, pawnbroking features, and farming will be added in Q1 2022. “
DeFi For You is marketing itself as a way for users to create ‘your very own crypto loan business’ and expand their NFT portfolio. The company is partnering with a number of UK licensed pawnbrokers so users can offer loans against ‘hard NFT collateral’. According to the DeFi For You website ‘It’s easy, secure, and draws on a business model that’s been around for thousands of years.’
What DeFi For You?
DeFi For You is a decentralized peer-to-peer cryptocurrency lending platform. Lenders and borrowers can use the platform independently of third parties. Lenders can earn tokenized income from lending crypto stablecoins like USDT and will receive interest payments.
Source: BSC News
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