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Why choose FRAKT

What are the advantages of the FRAKT protocol?

For Borrowers

🎁 From September 2022 until IDO we are rewarding borrowers with $FRKT tokens. All details are available in here​
✅ Instant liquidity so no need to wait for the loan being opted into by a unique lender
✅ Very low fees via linear fees accrual so borrowers can open and close loans as they want. The shorter the duration of the loan the lower the fees.
✅ No fixed duration : flexibility for users to use Flip loans (up to 7-14 days expiration) or Perpetual loans (no expiration)
✅ 12H Grace period for borrowers so they have a last chance to repay their debt
✅ Discord notifications that sends reminders and alerts about their loans
✅ Free or discounted loans for Frakts and Gnomies holders (see holder benefits) ✅ Unlock liquidity from your @DeGodsNFT AND keep accumulating $DUST as explained here​
🔜 Expand staked loans to other collections
🔜 Bulk loans to further improve UX
🔜 High LTV for Bonds

For Lenders

🎁 From September 2022 until IDO we are rewarding lenders with $FRKT tokens. All details are available in here ✅ Yield starts accruing instantly (and then every second) after depositing so no need to wait for the loan being opted into by a unique borrower
✅ Yield is constant so no idle time for your SOL
✅ No race or competition to fund the best loans or be on top of the loans orderbook
✅ Deposit and withdraw anytime
✅ Deposit SOL in collection specific risk-isolated lending pools
✅ Deposit liquidity for a specific collection without the need to fund a full NFT (some bluechip NFTs are very expensive)
🔜 Compounding interest so you earn interest on both the money deposited and the interest you earn, with no need for frequent micromanagement
🔜 Option to receive a discounted NFT (from a specific collection) instead of the liquidity provided
🔜 Possibility to sell your funded loans as Bonds