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24h Grace Period
Never get liquidated if you repay within 24 hours

NFT holders donโ€™t want to hand over the ownership of their NFTs. That's why they look for other liquidity solutions instead of selling NFTs. In order to avoid losses caused by the market fluctuations, the borrower will have a 24-hour liquidation protection period to repay the debt
NFT-backed loans will never get liquidated if the borrowers repays within the 24-hour Grace period
The protocol will charge a 10% penalty (on the remaining debt) for loans entering the 24h Grace Period
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