Collateral Selling
Last updated
Last updated
For securing the payment plan can be fully paid, the price of collateral selling must be higher than "minimum list price" which is
Minimum List Price = Loan Principal Rest Amount + Fully Accrued Interest / (1 - NFT Marketplace fee% - NFT Tax%)
Once the BNPL offer is matched and the NFT is actually purchased through PumpX.
Yes but it is suggested to do it 10 minutes after you initialize a collateral selling.
Nope after a collateral selling order has been initialized. However, you may cancel it first and then list it again with a different price.
Yields = List Price - NFT Marketplace Fee - NFT Tax - Loan Principal Rest Amount - Interests