⭕Lending Protocol

[Leveraging the Pool Tokens]

Pool Lending: In the lending program within the Cycle platform, pool token owners can borrow up to 90% of the redemption value of their NFT collections. If the borrower fails to repay the loan, the NFT is automatically redeemed, and 100% of its redemption value returns to Cycle. On successful repayment, the borrower returns 100% of the redemption value, plus a yield percentage ranging from 0% to 10%, which is paid to the creator. The percentage is set based upon the terms of the Loan.

This lending initiative allows creators to leverage their NFTs for loans while ensuring a safety net for Cycle in case of default and offering an incentive for timely repayment with a potential yield bonus for the creators.