Blog - News

NFTfi partners with Nibbl for an NFT lending competition with Doodles!

October 17, 20223 min read

NFT lending competition Doodles

Fractional Doodle Airdrop

To start our promotion, Nibbl will airdrop 0.5 ETH worth of Doodle 4081 fractions to all addresses that have used NFTfi either as a borrower or a lender with Doodle assets in the past. The snapshot was taken on the 1st of October 2022, 00:00 UTC, and all addresses that were lending or borrowing using Doodles on NFTfi are eligible for the airdrop!

The fractional Doodle airdrop will happen on Friday, October 21, 2022.

doodle 4081

Doodle 4081

How to get extra Doodle fractions for borrowing and lending on NFTfi?

If you had not used NFTfi before the airdrop snapshot date, you still have the opportunity to participate! Starting on Friday, October 21, 2022 — after the Doodle 4081 drop, the first ten borrowers and the first ten lenders will get additional Doodle fractions for every successful loan on any Doodles assets.

If you have a Doodle, you must list it on NFTfi and take out a loan. If this is your first time borrowing on NFTfi, we suggest you read this guide. The loan must be longer than seven days and repaid in full. Shorter loans and defaulted loans will not be eligible for extra Doodle fractions!

If you want to participate as a lender, you must lend wETH or DAI to borrowers looking for loan offers on Doodle assets, and you can learn how to do that here. If a borrower accepts your loan and repays it in full, you will be eligible to receive a Doodle fraction from Nibbl!

Nibbl will airdrop Doodle fractions to all eligible borrowers and lenders on November 14, 2022, at 3:00 PM UTC.

Good luck, and make sure you join the NFTfi Discord community as well as the Nibbl Discord community.

The winners will be given a further fraction of an NFTfi X Nibbl NFT, which will provide them with access to an exclusive token-gated channel on Nibbl Discord.

About NFTfi

NFTfi is the leading liquidity protocol for NFTs. It allows NFT holders to receive secured ETH and DAI loans from liquidity providers peer-to-peer. NFTfi’s vision is to build a decentralized, permissionless, user-owned public utility, supporting the seamless financialization of NFT-based economies through innovative mechanisms and highly user-friendly applications.

Discord | Twitter | Join the Ambassador program

About Nibbl

Nibbl is a DeFi-native fractionalization platform that is revolutionizing community NFT ownership with a unique price-based buyout game and opportunities for better liquidity. | Discord | Twitter |

This article is for educational and informational purposes only and should not be considered financial advice. Conduct your own research and due diligence before making any investment or financial decisions, such as when considering novel products including NFT loans.


Blog thumbnail protocol upgrade

January 31, 2024

Discover Refinancing: A Faster and More Efficient Way to Extend Loans

NFTfi is introducing its refinancing feature. Instantly renew an existing loan and bypass the burden of upfront repayment.

Learn more >
Blog thumbnail native punks support

November 02, 2023

Native CryptoPunks support is here!

Today, we are excited to announce native CryptoPunks support, aimed at streamlining the borrowing and lending experience for every CryptoPunk holder and lender eager to lend on Punks! Wrapping your beloved Punks is now a thing of the past!

Learn more >
The Rise of Long-Term NFT-Backed Loans

October 26, 2023

The Rise of Long-Term NFT-Backed Loans: Lending Trends and Borrower Behaviors on NFTfi

In this article, we examine a significant trend emerging on NFTfi: a growing preference for long-term loans. Since the first quarter of 2023, there has been a steady increase in 365-day loans on NFTfi.

Learn more >

Put your NFTs to work and get the liquidity you need.