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Instant Liquidity
for your NFTs

Unlock liquidity and drive true-market valuations for NFTs
with Harberger Lending Auctions.

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Our Mission

Build the world’s first equitable debt market

Lending has always favored capital.It’s why banks buy and resell your mortgage without your permission while you churn through hundreds of pages of paperwork to refinance your home.Our vision is to build something that’s never existed before: an equitable, permissionless, peer-to-peer debt market , where borrowers and lenders benefit from asset appreciation
and market competition.

Collateralized Lending 🤝 Harberger Auctions

Under
The Hood

The NiftyApes protocol is powered by an entirely unique mechanism called Harberger-style auctions (HSLAs).

HSLAs ensure lenders and borrowers find true-market value and unlock liquidity for NFTs, even before they’re minted.

What do borrowers get?

Frictionless refinancing and re-appraisal with no liquidity fragmentation.

HowItWorks

How It Works

1

Offers Are Made

Lenders lock capital in the NiftyApes protocol and sign standing offers on collections and assets.

2

Borrowers Hit the Money Button

Borrowers connect their wallet and see the best offers on their assets and access on-demand liquidity for their NFTs instantly.

3

Auto-Magical Refinancing

Other lenders can refinance the loan with better terms. The loan is automatically upgraded, and the original lender is paid the interest + 50bps premium.

4

Loan is Repaid

The borrower repays the loan. The lender with the best offer is repaid the principal + interest and the borrower unlocks their NFT from the NiftyApes smart contract.

YOLO WITH PEACE-OF-MIND

SECURITY

We’ve committed up to 20% of our treasury to funding audits and purchasing insurance against potential exploits. Check out our most recent audit below 👇

Quantstamp

In-progress - 04/15/2022

Who’s Building?

TEAM

Kevin Avatar

Kevin Seagraves, CEO

Fmr. Gitcoin, BCG

Zach Avatar

Zach Herring, COO

Fmr. Consensys

👀 Check Out Our Open Positions 👀