On Chain NFT Renting Contract (Demo)
BORROW BLUE PILLS
Borrow PILLS for temporary DAO Access (Discord)
or to Stake them for $RLP (Coming soon)
Contract reviewed but not audited
Use at your own risk
You take the BLUE PILL, you wake up in the Matriverse and believe whatever you want to believe
BLUE PILL #373
Bonded $RLP: 148,135 $RLP
See it on: RariLend PILLS Store
Interest Rate: 24 MATIC / day (1 MATIC/h)
Collateral: 75 MATIC
Enter duration: (max 5 days)
You take the BLUE PILL, you wake up in the Matriverse and believe whatever you want to believe
BLUE PILL #419
Bonded $RLP: 147,905 $RLP
See it on: RariLend PILLS Store
Interest Rate: 50 MATIC / day (2.1 MATIC/h)
Collateral: 50 MATIC
Enter duration: (max 7 days)
You take the BLUE PILL, you wake up in the Matriverse and believe whatever you want to believe
BLUE PILL #421
Bonded $RLP: 147,895 $RLP
See it on: RariLend PILLS Store
Interest Rate: 10 MATIC / day (0.42 MATIC/h)
Collateral: 75 MATIC
Enter duration: (max 3 days)
Renting Contract: USE CASE
After audit, it will allow a
renting option on RariLend's NFT Marketplace
TUTORIAL
COMPUTER ONLY (METAMASK)
RENTING NFT
Enter your expected Renting Duration (in days)
Click "Borrow" to Deposit Automatically:
Total Collateral = Base Collateral + Daily Rent Price * Set Duration
Connect on RariLend PILLS Store to verify you received the NFT
The contract charges by second (Daily Rent price / 3600)
RETURNING NFT
Click "Return"
Only once (first time): Approve NFT transfer in contract (sign "Approval" transaction)
After Approval transaction is confirmed, click "Return" again to redeposit the NFT.
You recover: Collateral + Daily Rent Price * ( Set Duration - Rent Duration )
Return NFT Before Loan Expiration or you will loose your Collateral !
....