EB DeFi component
Last updated
Last updated
One of the core architectures of the EB platform is to provide financial incentives to the most dedicated and motivated users. Based on the prediction of EB staking and rewards, a significant number of tokens will be allocated to staking rewards. This will motivate depository investors to hold tokens at the initial stage of platform development, and the allocated amount will gradually decrease according to the project roadmap. When a user purchases an NFT in the system, a portion of the purchase price is pledged as a special collateral account related to the NFT. The user has the option to resell it to the system at the same price as lock-up (deposited) pledged assets. Through this, the NFT value cannot go down below a certain threshold value. Therefore, users can also get a loan using the NFT as collateral. NFT products of content creators may be leased to other users. The smart contract is designed to prevent the borrower from reselling or destroying the item and return the item to the owner at the end of the rental period.