🎨 NFTfi Sponsors Art Blocks Marfa Weekend Gallery

Three Chromie Squiggles NFTs owned by @ArtOnBlockchain have been refinanced through NFTfi's lending platform. **Key Details:** - Three NFTs from the Chromie Squiggles collection were refinanced - Transaction completed on NFTfi's NFT-collateralized loan marketplace - Owner: @ArtOnBlockchain **Background Context:** Previous Chromie Squiggle loans on similar platforms have featured: - Loan amounts ranging from 67,500 USDC per NFT - 90-day loan durations - 18% APR rates - Origination fees around 350 USDC Chromie Squiggles, particularly rare variants like "HyperRainbow," have demonstrated consistent demand in the NFT lending market. This refinancing indicates continued liquidity options for high-value generative art NFTs. NFTfi enables NFT holders to access liquidity without selling their assets, while lenders can earn interest on their digital currency holdings.

**Drip is building composable credit infrastructure** on top of existing NFT lending platforms like NFTfi, aiming to bring institutional-grade credit primitives to cultural assets. **Key Details:** - Infrastructure layer designed to work with established NFT lending rails - Focuses on creating sophisticated credit tools for digital cultural assets - Developed by experienced NFTfi lending teams **Participation:** Interested parties can join Drip Origins through token_works' Funding Works campaign. This development represents an evolution in NFT-backed lending, moving beyond basic collateralized loans toward more complex credit instruments similar to traditional finance.

A high-value NFT artwork has been refinanced from Arcade to NFTfi using Cross-Protocol ReFi technology. The piece, a Machine Hallucinations work by Refik Anadol on SuperRare, demonstrates how borrowers can now move loans between platforms. **Key Details:** - NFTfi's Cross-Protocol ReFi allows users to refinance existing Arcade loans - The feature works through NFTfi's aggregator dashboard - Users can filter by wallet address and click "Refinance" on any Arcade loan - Both collection and individual offers are supported The move reflects DeFi's permissionless nature, giving borrowers and lenders more flexibility as the NFT lending market consolidates. This interoperability could become increasingly important as platforms compete for users and liquidity.

**NFTfi dominates Koda liquidity** with 8 successful refinancings and $82k maturing across 52 active loans. The platform has established itself as the **primary lending destination** for Yuga Labs assets, including: - Kodas from Otherside - Bored Ape Yacht Club (BAYC) - Mutant Ape Yacht Club **Key metrics:** - 52 total loans currently active - $82,000 in loan value maturing - Multiple successful refinancing rounds NFTfi's position as the go-to platform reflects growing demand for **NFT-backed lending** in the Yuga Labs ecosystem, providing holders with liquidity options without selling their assets.

NFTfi's founder @stephen_yo shares the platform's **origin story** - how it evolved from manual spreadsheet tracking and trust-based transactions into a sophisticated smart contract-powered lending protocol. The journey highlights the transformation of NFT lending from its early, manual days to today's automated, secure infrastructure. **Key evolution points:** - Started with basic spreadsheet management - Relied on trust-based transaction systems - Developed into smart contract automation - Now operates as a full lending protocol NFTfi has been **operating safely for 1,888 days**, making it one of the most battle-tested protocols in NFT lending space.