Strip Finance STRIP

Strip Finance is a collateralized NFT and DeFi liquidity protocol. It is a next-generation platform that allows users to collateralize their NFTs and borrow stablecoins against them, providing greater liquidity for NFT holders. Strip Finance aims to add utility to NFTs by allowing lenders and borrowers to participate in the decentralized finance ecosystem. The platform also partners with NFT marketplaces to fetch asset prices for price discovery. Strip Finance is gaining attention in the market and has recently closed a funding round to further develop its platform.

Strip Finance is unique compared to other cryptocurrencies because it focuses specifically on the NFT ecosystem. It provides a decentralised peer-to-peer marketplace for NFT collateralization, allowing users to lend their NFTs and borrow against them. This feature adds utility to NFTs and creates secondary markets within the NFT ecosystem. Strip Finance also fetches asset prices directly from partnered NFT marketplaces without making any changes to those prices, ensuring transparency and accuracy. Its DeFi protocol for NFT collateralization sets it apart from other cryptocurrencies in the market.