Nutcracker NFT Privileges — Utility #3 — NFT-backed Loans 💸

Need liquidity but don’t want to sell your assets?

Use your Nutcracker as collateral and get USDT instantly.

It’s fast, flexible, and perfect for short-term needs. Here’s how Nutcrackers Loan works:

1️⃣ Rarity matters — accepted: Common, Uncommon, Rare
2️⃣ LTV: 60–70% of floor price
3️⃣ Rate: 6% for 7 days, 12% for 14 days
4️⃣ 24h grace period before liquidation

Flow: Deposit your Nutcracker → receive USDT → repay USDT + interest → get your NFT back.

This tool was highly requested by our community — and now it’s live.

More utilities in the next posts.

https://x.com/NutcrackersNFT/status/1934882592857194830