Cross Chain NFT Lending Platform" project:
(Part 1)[https://www.loom.com/share/6996e71782574a62a9e7f23cd2c005ef?sid=4d17fbb5-12db-4129-97a5-4c507ad7b3fb]
(Part 2)[https://www.loom.com/share/06f9fc1f85aa43feb6719136af25e2bc]
Welcome to the Cross Chain NFT Lending Platform, a revolutionary decentralized finance (DeFi) project that empowers NFT holders to leverage the value of their NFT assets across different blockchain networks. With this platform, you can borrow funds against your NFT holdings and maintain the health of your NFTs on various chains without the hassle of dealing with multiple platforms.
The Cross Chain NFT Lending Platform is designed to simplify the process of using your NFTs as collateral for loans and provide you with a convenient and efficient solution for managing your NFT assets. Here's a step-by-step guide on how the platform works:
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Deployment and Minting:
- Deploy the NFT.sol contract on the Avalanche FUJI network.
- Mint NFTs for any address on the FUJI network.
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LendBorrow Contract:
- Deploy the LendBorrow.sol contract on the Avalanche FUJI network.
- Fund the LendBorrow.sol contract on FUJI with your NFTs.
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Cross-Chain Approval:
- Give approval to the LendBorrow.sol contract on the FUJI network so that he can pull NFT from our NFT contract.
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Bridging NFTs:
- Deploy the Bridge Contract for the FUJI network.
- Set the bridge for the LendBorrow.sol contract to enable cross-chain messaging management.
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Cross-Chain Expansion:
- Deploy the LendBorrow.sol contract on the Polygon network.
- Deploy the Bridge Contract for Polygon.
- Set the bridge for the LendBorrow.sol contract on Polygon.
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Interconnected Lending:
- Set bridges between the FUJI and Polygon networks to facilitate seamless cross-chain transactions means set the addresses of bridges on both lendborrow contracts so that bridges can communicateb with each other.
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Asset Valuation:
- Set floor prices (Manually Chainlink Floor price of NFT is not avaialble for fuji) for your NFT assets on the FUJI network to ensure that your NFTs maintain their value.
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Deposit and Withdrawal:
- Deposit your NFT assets to secure a loan on any chain of your choice.
- Borrow DUSD tokens based on your cumulative borrowing power.
- Withdraw tokens from anywhere you have collateral.
This platform provides you with the unique capability to lend your NFTs across different blockchain networks while aggregating your borrowing power. By doing so, you can avoid the complexity of managing loans on multiple chains and maintain the health of your NFTs without risking liquidation.
The Cross Chain NFT Lending Platform is a game-changer for NFT owners, as it streamlines the lending process, offers a user-friendly experience, and enhances your ability to leverage your NFTs in the DeFi space.
With this platform, you can unlock the true potential of your NFT holdings, access liquidity when you need it, and manage your assets efficiently.
To start using the Cross Chain NFT Lending Platform, follow the instructions provided in the sections above for each step of the process.
Cross Chain NFT Lending Platform : Deploy NFT.sol Contract on FUJI Mint NFT for any address LendBorrow Contract Deploy on Avalanche FUJI Fund LendBorrow.sol Contract of FUJI Give Approval to LendBorrow.sol Deploy the Bridge Contract for FUJI setBridge for LendBorrow.sol Deploy The LendBorrow.sol on Polygon Deploy the Bridge for Polygon Set Bridge For Polygon Set Bridges(Polygon,Avalanche) for Fuji Set Brdiges(Polygon,Avalanche) fir Polygon Set Floor Price of NFT on FUJI Deposit NFT Withdraw Tokens From Everywhere
The Front end may not work cause the dealine has already been finished but you can reffer to the video that Cross chains calls are happening on all chains every functionality is working fine
You can take loans on this NFT's
Happy lending and borrowing on the Cross Chain NFT Lending Platform! 🚀🌐🔑