Lending Zone

Lending Zone is a cutting-edge decentralized finance (DeFi) platform that revolutionizes the way users interact with non-fungible tokens (NFTs) by enabling them to use their NFTs as collateral for lending assets. This innovative approach allows NFT owners to unlock the value of their digital assets without selling them, providing a new level of financial flexibility. Users can leverage their NFTs to secure loans and, once their debt is repaid, reclaim their collateral. This system opens up a myriad of possibilities for NFT holders, enabling them to access liquidity while retaining ownership of their valuable digital assets.

In addition to collateralized lending, Lending Zone offers the functionality to lend your assets and earn yield. This dual-purpose platform not only caters to borrowers but also provides lucrative opportunities for lenders looking to generate returns on their assets. The evaluation of NFTs used as collateral is conducted using oracles powered by artificial intelligence, ensuring accurate and fair valuation. The lending operations are underpinned by the robust and secure Euler Vaults, providing a reliable infrastructure for all transactions. With LendingZone, users can confidently engage in DeFi activities, knowing that their assets are being managed with the highest level of security and efficiency.

How it works

1. Lenders supply ERC20 assets to the protocol to provide liquidity and earn passive income.

2. Borrowers put their ERC721 assets as collateral

3. LendingZone call AI Oracle to evaluate NFT. Price estimation is verifiable onchain, meaning it can be used trustlessly.

4. Borrowers borrow against their collateral

5. Borrowers repay the debt and take their collateral assets back

Resources

App source code
Contracts source code
Server source code

Ethereum Sepolia contracts
EVC                               0x381161fA1CA0eE769ea3c6f880f7b1b39a392F7c
IRM                               0x8B4d4cD468623BFA76601351908f711181858Fa7
erc721oracle              0x84aa2e814f4933c5907E9765908BeE45d210d4Ec
erc721asset               0x4F7A1296CBC86CBDb931374dFE7c331B25FEb609
erc721borrowable    0x35321bBCd58039F5f73633BD49b90727e4356457
erc721vault                0x650dc114b11F5Bc72A6eD2F348F1262B6cd0515C

Optimism Sepolia contracts
EVC                               0xf5Cbae29C5844311009810c0178e4eCcC1d46d16
IRM                               0x73EBeda1b22baa08BB14f7906D76C5479a701099
erc721oracle              0x561Cb9B7670F103361464f965FDB628965d51f30
erc721asset               0x2171bB0D70fE984E503d0E1733f7371462E56509
erc721borrowable    0x90c3496D94F8136b64C80d877448aF1C18378C27
erc721vault                0x05d24099E2B6Bc76Ace25a7FA32561193Ab62189

Linea Sepolia contracts
EVC                               0x991D2d9D5941737F44A3c27A78Cd5549a7cd0Df7
IRM                               0x1EeE730D364EA822A79c3686fF274819428787FA
erc721oracle              0x04AE9e4B59B81C68a273c2D9E64dd0289c796648
erc721asset               0x5e7FA81BB587B1d42f35315597ad776390c87318
erc721borrowable    0x1d0ae71bA29598df9811E24Fe10aF9DcB18f107d
erc721vault                0x8cDCA90ec7dD3FefA8F09E31b7BCDB930D07f5f9