Balloon Protocol 🎈

27 posts

Balloon Protocol 🎈 banner
Balloon Protocol 🎈

Balloon Protocol 🎈

@BalloonProtocol

NFT lending, borrowing, and shorting marketplace and underlying protocol. Borrow NFTs - Bet against NFTs - Earn low-risk interest on your NFTs. Live on Sepolia.

Ethereum Katılım Kasım 2021
409 Takip Edilen233 Takipçiler
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Introducing Balloon - A decentralized marketplace where you can lend, borrow, and short NFTs. Learn more! ⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland… Try it out live on the Rinkeby testnet at balloonprotocol.com
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Updates are being made to the Balloon Protocol. The smart contract has been improved, and many UI updates have been made. Stay posted on new information by following us on Twitter!
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
@jasonmaxim Totally feel you, we’re bullish also! Fortunately we have something for you, you can lend out your NFTs and earn interest on them with Balloon!
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Introducing Balloon - A decentralized marketplace where you can lend, borrow, and short NFTs. Learn more! ⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland… Try it out live on the Rinkeby testnet at balloonprotocol.com
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Elie Steinbock — oss/acc
@osf_nft The mechanism to make it work: Borrow an nft. Holder gets paid interest. Buyer can sell the nft and pay back a floor nft any time. If you borrowed and sold an inv friend at 13 and then bought back at 5 to repay loan you made 8 eth profit minus interest. And lender also makes cash
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
@osf_nft Check out the Balloon Protocol! We’re live on Rinkeby and coming to mainnet soon!
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Metadog
Metadog@TheMetaOhBoy·
If we could do short on NFTs, that would be great. After all the NFT projects without keeping any promises that are based on the roadmap.
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
It was Valentine's Day just 2 days ago so, let's talk about an idea all lenders would love: The ability to specify collateral multiplier to protect yourself from downside risk. What if I told you lenders that you have this ability with Balloon.
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DANNY 🧸
DANNY 🧸@DannyCrypt·
Where can I short NFTs?
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
"Siri, what does NFT stand for?" Siri: An NFT stands for Non-fungible token. Non-fungible token - as in one can't exchange one NFT for another? Balloon bypasses the issue by allowing fellow borrowers to return any NFT within the collection of the NFT that was borrowed.
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Say you need to own an NFT to able to attend an exclusive event to holders but didn't want to buy one outright Instead, you can borrow this NFT from Balloon and return it once the event is over saving yourself from a price risk on that NFT collection 😉
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Balloon Protocol - built with ease of both lending and borrowing in mind Lenders, specify your terms in which you are willing to lend an NFT Borrowers, take out loans with the most favorable parameters For more information⬇️ @dylan.ireland777/introducing-balloon-lend-borrow-and-short-nfts-1b70fa104754" target="_blank" rel="nofollow noopener">medium.com/@dylan.ireland…
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
The original "Balloons" NFT collection is now borrowable at balloonprotocol.com. To get your hands on a Balloon, borrow one from our dApp! Try selling your Balloon on OpenSea, and buying back later at a lower price to score profit in the middle! Live on the Rinkeby Testnet🎈
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
Thank you for 100 followers! We know we have a long way to go, but we appreciate your early support immensely! If you think this project is as awesome as we do, please be sure to share it with your friends and colleagues!
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
On Thursday the original “Balloons” test NFT collection will be available to borrow and lend 🎈 This will be a simple sample collection for users to try out the platform. Note that the project is currently live on testnet, and costs zero real ETH to use!
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Balloon Protocol 🎈
Balloon Protocol 🎈@BalloonProtocol·
An FAQ section has been added to our website balloonprotocol.com in which commonly asked questions will be answered. If you have a question you think others would also have, send a message in the #faq channel of our Discord and we may add it to the site!
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