DMEX
  • DMEX Overview
  • the nitty-gritty
  • What Does DMEX Try To Solve
  • DMEX Platform Introduction
  • DMEX Contact Info
  • DMEX Mining Models
  • DMEX Mission
  • DMC Token Economy Model
  • DMC’s Practical Applications
  • Security Audit
  • DMEX dapp instruction
    • (1) Create a New Wallet
    • (2) Four Easy Steps to Purchase DMC
    • (3) DMC Single Asset Staking Mining
  • (4) Purchase Mining Power NFT
  • (5) Single Token Mining
  • (6) Liquidity Mining on Huobi Eco Chain (HECO)
  • (7) FIL Mining Power NFT Collateral Loan
  • (8) DMEX's Refer-and-Earn Program
  • (9) DMEX DAO Governance Voting Instructions
  • (10) Liquidity Mining on Binance Smart Chain (BSC)
  • DMEX Questions & Answers
    • Basic Crypto Concepts
    • DMEX's Platform Token $DMC
    • DMEX DApp
    • DMEX Staking and Mining
    • DMEX NFT
    • DMEX Mining Power NFT Collateral Loan
    • DMEX Refer and Earn Program
    • DMEX Super APY Event
  • DMEX Announcement
    • Latest DMEX Announcements
    • 1216 - Announcement on the upcoming launch of DMEX's BTC mining power NFT product
    • 1101 - Announcement on DMEX's upcoming discontinuation of access in mainland China
    • 1008 - Announcement on DMEX's upcoming launch in Binance Smart Chain (BSC)
    • 0819 - Announcement on collateral loan income compensation
    • 0816 - The 180-day linear release mechanism of FIL mining
    • 0817 - Announcement on adjusting the mining pool output ratio
    • 0813 - Announcement: DMEX platform's 14th batch of FIL mining power NFT is now online
    • 0813 - Announcement on the upcoming DMC mining reward reduction
    • 0812 - Customer service hour adjustment
  • Knowledge
    • WHAT IS MINING AND CLOUD MINING
      • What is mining
      • What is cloud mining?
    • WHAT IS FILECOIN
      • What is Filecoin?
      • Glossary
      • How Filecoin Works
      • Why Filecoin?
      • IPFS and Filecoin
      • Network performance
      • Comparing Filecoin
      • Managing assets
    • HOW MINING WORKS
      • How mining works
      • Hardware requirements
      • Understanding Filecoin Circulating Supply
      • Mining architectures
      • Mining rewards
      • Slashing
    • FILECOIN FAQ
      • Filecoin FAQ
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  1. DMEX Questions & Answers

DMEX Mining Power NFT Collateral Loan

How does the FIL mining power NFT collateral loan works?

On the DMEX platform, with the FIL mining power NFT collateral loan, you can 9 simply pledge your FIL mining power NFT to easily secure a loan. For the duration of your loan cycle, your pledged FIL mining power NFT can still generate mining revenues for you.

For example, you have paid 15 FIL to buy 1 TiB FIL mining power on DMEX. If you pledge this FIL mining power NFT to DMEX's 'NFT collateral loan pool', you will be able borrow 10.5 FIL out for other investments. You can even buy more DMEX FIL mining power NFT with your loan and pledge them again into the 'NFT collateral loan pool' to obtain even more loans. Rinse and repeat, you could earn a continuous flow of wealth.

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Last updated 3 years ago

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