FAQ

Why do we need to rent NFT?

We believe most people are not able to afford NFTs. For those who are not able to afford them but still want to have their great abilities, borrowing an NFT enables them to enjoy so.

For instance, an NFT represents the right to park your car for free, and no expiration. Yet it costs around 100 Ether, which is pretty unaffordable. Also, it has less liquidity. If I want to save parking fees but don't want to have it forever, moreover, I won't stay for a long time, I can then consider borrowing it for just months or years, so that it won't cost me a lot, and save a lot of money!

Who can use it?

NFT project creators, lenders, and borrowers are welcome to use the platform.

Which chains are supported?

Currently, UniBridge supports Polygon, then by our roadmap, Ethereum, and Binance Smart Chain would be supported first.

Any request to support non-EVM compatible blockchain, such as Solana, is welcome.

What cryptocurrencies does UniBridge support?

wETH, DAI, USDT, USDC, etc.

Which cryptocurrency wallets can we use?

You can use MetaMask to perform any rental on our platform. Any request to support other wallets, such as Wallet Connect, Coinbase Wallet, etc, is welcome.

How much is the rental fee?

The rental fee is decided by lenders.

Also, if you're a borrower, you can choose the fee you want to attract lenders to have deals with you.

Do I have to pay any fee except the rental fee?

For each transaction, we would charge 2.5% of the total rental fee from a lender.