Cyan BNPL Service Highlighted for NFT Financing Solutions
Cyan BNPL Service Highlighted for NFT Financing Solutions
💳 NFT financing evolved
A recent social media post draws attention to Cyan, a Buy Now, Pay Later protocol designed specifically for NFT purchases.
Key Features:
- First protocol offering financing options for NFT acquisitions
- Provides re-collateralized loans on NFTs
- Offers Vaults for capital providers to earn yield
- Chrome extension enables seamless financing on major NFT marketplaces
- SDK available for easy developer integration
The platform aims to make NFT ownership more accessible by breaking down payment barriers, similar to traditional BNPL services but tailored for digital assets.
We think about this often which is why we use cyan x.com/usecyan/status…
1/ On Fiat Culture NFTs are the scarcest cultural objects ever made, the only cultural objects with pristine provenance. They are not BTC, but they will behave over time in ways that emotionally parallel BTC for the $100T in global intangibles.
🦍 BAYC Owner Unlocks 2.32 ETH
**Bored Ape #3180** was used as collateral for a **2.32 ETH loan** on Cyan this week. The move demonstrates how NFT holders can **unlock capital efficiency** rather than keeping valuable assets idle. Cyan's lending platform allows users to: - Use NFTs as loan collateral - Access liquidity without selling - Maintain ownership of digital assets This follows similar activity, with **BAYC #7896** securing a $31,500 loan earlier this month on the same platform.
Bored Ape Holder Secures $10,791 USDC Loan Against NFT #6939
**Another Bored Ape NFT loan completed** - A holder borrowed 10,791 USDC against Bored Ape #6939 through Cyan's lending platform. **Growing trend among BAYC holders** - This follows a pattern of Bored Ape owners accessing liquidity without selling their NFTs. Recent loans include: - 10,767 USDC against #2931 (Nov 11) - 7,241 USDC against #1362 (Oct 20) **Key benefits for NFT holders:** - Access liquidity while keeping ownership - Retain rights to future airdrops - Avoid selling valuable assets Cyan enables NFT owners to unlock their assets' value through collateralized loans, providing an alternative to outright sales.
🔒 NFT Liquidity Hack
**Cyan enables NFT holders to access liquidity without selling their assets**, particularly targeting Hypurr NFT owners who are waiting for potential airdrops. **Key benefits:** - Access cash from your NFT while keeping ownership - Retain eligibility for all future airdrops - No need to sell valuable NFTs This solution addresses a common dilemma in the NFT space where holders want liquidity but don't want to miss out on potential rewards or lose their digital assets. **Perfect for collectors** who believe their NFTs will receive airdrops but need immediate access to funds.
Hypurr NFT Holders Can Access $KNTQ Airdrop While Maintaining Liquidity Through Cyan Wallet
**Hypurr NFT holders** can now claim their **$KNTQ airdrop** while maintaining access to their NFT's liquidity. **Key Benefits:** - Access NFT liquidity without selling - Keep all future airdrops - Maintain ownership of Hypurr NFTs Cyan Wallet enables holders to unlock their NFT's value while retaining ownership rights and airdrop eligibility. This solution addresses the common dilemma of choosing between liquidity and holding valuable NFTs for potential rewards. Hypurr NFTs are positioned as prime candidates for **HyperEVM airdrops**, making this liquidity solution particularly valuable for long-term holders.