(7) FIL Mining Power NFT Collateral Loan
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Last updated
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On the DMEX platform, through FIL mining power NFT collateral loan, users can simply pledge their FIL mining power NFT to easily secure a loan. The pledged FIL mining power NFT will still generate mining revenue for the users, this design greatly improved the liquidity of FIL mining power assets.
The following sample screenshots will show you how to pledge your FIL mining power NFT and borrow FIL.
Step1 - Enter the DMEX Dapp, tap the menu button on the top right corner and select 'HFIL loan'.
Step2 - Prepare your FIL mining power NFT and enough DMC. Click 'Borrow' to continue the loan process.
Step3 - Select the NFT you want to pledge.
Step4 - Enter the amount of FIL you want to borrow within the Borrow limit. Click 'Borrow' to complete the loan process.
With the FIL you borrow, you can further purchase FIL mining power NFT and pledge them to borrow FIL.
If it's your first time borrowing FIL from DMEX, you will need to click the 'Borrow' button twice to complete the loan process.
Step5 - Once the collateral loan is successful, you can check loan and repayment details on the 'My loan' page.
You have the option to pay back your FIL mining power NFT loan in advance to promptly unlock all pledged collateral.
There is also a PDF version here:
If you have any further questions, please reach us via the contact info listed on this page:
Thank you and hope you enjoy earning great mining rewards with DMEX!
