Name: Hyksos - unlock future yield of NFTs
Rating: 5.0 (1 reviews)

Hyksos is P2P Web3 platform that connects yield-bearing NFT owners (Borrowers) and ERC-20 providers (Lenders) via a permissionless smart contract architecture. Access to instant liquidity without abandoning your NFT and the community around the NFT collection.

Why did we make Hyksos? As the NFT industry continues on its high growth trajectory, competing in the development of newer, faster, and more sophisticated protocols, Hyksos has chosen to take a unique approach to fill a particular niche where financial opportunities and relationships are prioritized between Borrowers and Lenders. Enabling Lenders that hold ERC-20 tokens to participate in a new source of DeFi yield by underwriting term loans collateralized by Borrowers' NFTs (with passively generated yield capabilities). Although the thriving NFT space has many upsides, liquidity is inherently an ongoing issue in the whole market. When it comes to high-value NFT assets, especially some of the collectibles, reselling is a significant challenge. What if you do not want to sell your valuable NFT but are tempted by sudden market opportunities or have unexpected expenses? Your yield-bearing NFT will generate income over days, weeks, or months. But you don't want to wait. Hyksos unique NFT loans unlock this hidden potential. Today! You need instant liquidity without abandoning your NFT and the community around the NFT project. A paradox – two colliding aspects – that have been successfully married by the Hyksos platform. General approach: One of the main disadvantages of a peer-to-peer lending marketplace is that it is hard to match Lenders and Borrowers with the same goals and desires. Hyksos's approach to this challenge is to build an infrastructure around a lending-borrowing platform and offer users the option to get a fast loan provided by a lending pool only for specific assets that demonstrate certain characteristics, therefore are considered fit by our system. All loans are being funded by users who provide ERC-20 tokens to dedicated Lending Vaults. Lenders (ERC-20 holders) are incentivized by the fact that each NFT loan will be overpaid in the number of days required to collateralize the NFT (from loan borrowers) thus ensuring a safe ROI and attractive rewards for injecting liquidity into the Hyksos Protocol. We will be more than happy to hear honest feedback about anything Hyksos-related. I will answer all the questions here so please don't hesitate to send them here. Links: Platform: https://hyksos.fi Gitbook: https://hyksos.gitbook.io/hyksos... Twitter: https://twitter.com/HyksosFi

For some reason, the YT link is not working properly. The link to the little go-through video is here: https://youtu.be/R94vgd-OyrA

TradFi vs Hyksos Protocol The business of pawnbroking is not new. With roots that can be traced to ancient China, the business basically provides borrowers with money in exchange for items left at the pawnshop as collateral. If the owner pays back the loan plus interest within a certain period of time, typically 30 days, he can get the item back. Otherwise the pawnshop is free to sell it. And that’s how it works in Traditional Finance... What if loans could repay themselves? 🤔 Hyksos is opening new dimensions of DeFi liquidity, risk and asset management - P2P financial agreement protocol which eliminates the risk of losing your precious assets. ⚠️ Hyksos will never sell your NFT or ERC20 tokens. The platform connects Lenders and Borrowers. No fees⚠️ At Hyksos an extraordinary phenomenon takes place, never seen in the world of TradFi. You can borrow NFT collections' native ERC20 tokens while collateralized yield bearing NFTs like blue-chip in the crypto space EtherOrcs and CyberKongz will gradually self-repay the loan that you’ve taken. I have used the Hyksos Protocol and already deposited some NFTs and ERC20 tokens. Instant loans in NFT's native tokens as well as minimum 25% ROI in Hyksos Lending Vaults for adding liquidity make it a unique and deadly effective solution. In addition to that, have you seen the Hyksos Landing Page?! Vibrant, mysterious, polished, and extremely immersive - this is a truly powerful UI design you simply have to experience for yourself 🤩

For some reason, the YT link is not working properly. The link to the little go-through video is here: https://youtu.be/R94vgd-OyrA

Hyksos - unlock future yield of NFTs

Self-repaying loans against your NFTs w/o liquidation risk

Self-repaying loans against your NFTs w/o liquidation risk