PumpX Guide
  • 🌟Getting Started
  • Introduction
    • What Is PumpX?
    • Buy NFTs
    • Lend $ETH
    • Layer2 Features
    • Roadmap
    • Airdrop
      • PointDrop
      • BoxDrop
    • Newly Rich
  • Lending Protocol
    • Basics
      • Peer to Peer Model
      • Batch Lending Offers
      • Offer Score
      • Collateral Backed Lending
    • Propose Listing
    • Lending Q&A
  • Marketplaces
    • Buy Now Pay Later
    • Collateral Selling
    • PumpX Extension
  • Tokenomics
    • What is $PUMP?
    • How $PUMP Works?
    • Distribution
  • Supports
    • Social Media
    • Brand Assets
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On this page
  • Switch Network
  • Managing Account
  • Buyer-Related Guides
  • Buy Now Pay Later
  • Repay Loans/ Listing
  • Lender-Related Guides
  • Create Offers
  • Manging Offers
  1. Introduction

Layer2 Features

PumpX now supports Blast as its first Layer 2 chain.

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Last updated 1 year ago

Switch Network

Users can now switch to the Blast Network for purchasing and creating offers. The process for buying and creating offers on Blast remains essentially the same.

Managing Account

You can still manage your WETH balance and Allowance for the protocol for blast network after you switched to blast.

Buyer-Related Guides

Buy Now Pay Later

  • If buyers wish to utilize liquidity from Layer 2(L2), they should switch their network to L2.

  • Buyers must ensure they have sufficient funds to cover the down payment.

Repay Loans/ Listing

  • Buyers can view all their loans across all networks under Repay Loans

  • To repay or settle a loan, buyers need to switch to the corresponding network.

  • Upon completing all remaining payments, the NFT will be transferred to the buyer's Layer 1(L1) address. Please switch your network back to L1 to verify the transfer in your wallet.

  • If you list your NFT on the market, the remaining balance (price - remaining loan amount - interest) will be transferred to your address on the L2 network.

Lender-Related Guides

Create Offers

  • Lenders wishing to use L2 liquidity for creating offers must first switch their network.

  • It's still necessary to wrap WETH and set an allowance in the L2 network.

Manging Offers

  • Interest and repayments received will be entirely in L2; please check your account balance in the L2 network.

  • All your offers, both in L1 and L2, will be displayed under My Offers.

  • To manage your offers in L2, please switch to the appropriate network.

  • In the event of a default, the NFT will be transferred to your L1 network address. Please switch your network back to L1 in your wallet to check.

This process is identical to that on L1; for more information, please refer to:

The listing and repayment process follows the guidelines available at:

This process is identical to that on L1; for more information, please refer to:

https://app.gitbook.com/o/VoBDlXY5U98ZJmxSAidw/s/gM7jcAswGCXXaRFKFfYq/~/changes/13/introduction/buy-nfts
https://app.gitbook.com/o/VoBDlXY5U98ZJmxSAidw/s/gM7jcAswGCXXaRFKFfYq/~/changes/13/introduction/buy-nfts
https://app.gitbook.com/o/VoBDlXY5U98ZJmxSAidw/s/gM7jcAswGCXXaRFKFfYq/~/changes/13/introduction/lend-usdeth
Buyer On L2
Loans that have utilized Blast liquidity will bear the Blast logo.
Lender On L2
Offers created in the Blast Network will have the Blast logo on them.