Overview
Liquidity Crunch is a major problem that users face. Paying full upfront amount to buy an NFT limits the buying potential of users. Also, many NFT traders miss a successful trade due to a lack of upfront capital.
Current financing protocols require a pre-collateral and are overcollateralized, this is a problem for users with a lack of upfront money or no pre-owned asset to collateralize.
GearFi facilitates Buy Now Pay Later and Margin trading for NFTs, allowing traders to trade more and earn more.
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