(Tip: The data in the demo are all simulated static data that have been already set, this only to show the simple interactions between the pages of this product, it’s not the actual interaction with the wallet. It doesn’t generate a real transaction record on the blockchain)
Demo adress：https://qa.xcarnival.finance/eth
Introduction
X-Pawn is a platform based on NFT assets, innovative using of the pool model, and lending value coins, in which users can participate as depositors or borrowers. Depositors provide liquidity such as ETH to the lending pool to earn interest and receive liquidity incentives. Borrowers can use their NFT holdings as collateral to lend ETH, etc. to the lending pool.
Guidance
I. As a borrower.
Step 1: Select an NFT series pool
Select one of the NFT series pools and click enter.
Step 2: Confirm the lending conditions to complete the lending
1. Select one of the NFTs already owned by the series as collateral.
2. Enter the amount you want to borrow or slide the slider to the appropriate position.
3. Click the Borrow button.
Step 3: Check the status of your order
Go to the Dashboard page to view the borrowing order.
Depending on the status of the order, you can choose to borrow again or repay it.
Step 4: Borrow again
If the order has a borrowable amount (i.e. Borrowable>0), you can click the Borrow button on the order to go to the following page.
Enter the amount you want to borrow again and click the Borrow button.。
Step 5: Repayment (partial repayment / full repayment and redemption)
Go from step 3 and enter the amount you want to repay, or check the Repay All option (meaning repay all and redeem NFT) and click the Repay button.
II. As a depositor.
Step 1: Select a currency pool
Select one of the currency pools and click Enter.
Step 2: Confirm the deposit conditions to complete the deposit
Enter the amount you want to deposit and click the Deposit button.
Step 3: Check the status of your order
Go to the Dashboard page to view the deposit order.
Depending on the status of the order, you can choose to make another deposit or withdraw the money.
Click on the Claim button in the upper right corner to withdraw the liquidity incentive from the deposit.
Step 4: Withdraw
Go to Step 3 and enter the amount you want to withdraw, or click ALL (i.e. withdraw all deposits in that currency at once) and then click the Withdraw button.
About XCarnival
XCarnival is a lending aggregator that provides easy-to-use financial products. Users can put their NFTs on XBroker as a pledge to borrow money from other lenders. Additionally, users can simultaneously borrow money from Megabox with their altcoins, such as Pancake, Dodo, and many more. XCarnival believes that “everything is collateral”, and works towards unlocking more liquidity for the metaverse space through its innovative practices.
To learn more about XCarnival, visit xcarnival.fi,follow @XCarnival_Lab on Twitter. To understand the full vision of the XCarnival, read the XCarnival litepaper.
