Frequently Asked Questions

General

What is NFT Lending?

A decentralized P2P protocol on the TON blockchain that allows borrowing TON using NFTs as collateral. Lenders provide liquidity, borrowers take loans against their NFTs.

Do I need to register?

No. Just connect a TON wallet. The protocol doesn't store personal data.

Which wallets are supported?

Any wallet with TonConnect support: Tonkeeper, MyTonWallet, OpenMask, and others. Telegram Mini App access is also available.

Is it safe?

All logic runs on the blockchain and has been audited. Neither the service nor the operator can access your funds or NFTs outside of designed scenarios. Learn more in Security.

For Borrowers

How much GRAM can I get?

Depends on the NFT collection and lender's offer. Usually 30-75% of the collection's floor price.

Which NFTs are accepted?

Only collections from the whitelist. Available collections are shown on the Borrow page.

How much does gas cost?

Usually about 0.25-0.30 GRAM when taking a loan and about 0.05 GRAM for repayment. Gas is a TON network fee, not a protocol fee.

Can I repay early?

Yes. Interest is calculated proportionally (pro-rata) — the earlier you repay, the less you pay. Minimum charge is 1 day of interest.

What if I forget to repay?

After the deadline, the lender can claim your NFT. You cannot repay an overdue loan. The app shows in-app reminders as the deadline approaches (one day, one hour, and at 10% of a short loan's duration), but only when you open the app — there are no external push notifications.

Can I take multiple loans?

Yes, on different NFTs. One NFT = one active loan.

Where do the GRAM go?

To the same wallet from which you sent the NFT.

For Lenders

What's the minimum deposit?

There's no technical minimum, but the amount must be sufficient for at least one loan within your strategy.

How long until the first loan?

Depends on your terms and demand. Competitive rates attract borrowers faster.

What if the borrower doesn't repay?

You can claim their NFT (claim default). That NFT is your only compensation — the principal is not returned, since the TON was already sent to the borrower when the loan was issued.

Can I withdraw GRAM at any time?

Free balance — yes. Reserved funds — after the loan completes.

Do I need to approve each loan?

No. Loans are issued automatically based on your strategy terms. It works like a limit order.

How much will I earn?

90% of interest on every loan. Example: for a 100 GRAM loan over 14 days at 60% annual rate, your income is ~1.24 GRAM. See Calculation Examples.

FAQ