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  • Introduction
  • General Info
    • Rental Use Cases
    • Compatible Blockchains
    • Whitelabel Interface
    • Custom Solutions
    • Protocol Composability
    • Protocol Fee
    • Frequently Asked (FAQ)
  • Rental Solutions
    • Collateral-Free
    • Collateralized
  • Developers
    • Integration Guide
    • SDK
      • @renft/sdk@^v6.0.0
        • Interacting with Smart Contracts
        • Collateral-Free Integration Guide
        • Castle Crush (Reward Share)
      • @renft/sdk@v5.0.4
        • Collateral-Free Integration Guide
        • Castle Crush (Reward Share)
    • reNFT Contracts' Addresses
    • Querying reNFT's on-chain data
      • Castle Crush (Reward Share)
  • Video Tutorials
    • Collateral-Free
      • How To Lend
      • How To Rent
    • Castle Crush (Reward Share)
      • How To Lend
      • How To Rent
    • Collateralized
      • How To Lend
      • How To Rent
      • Returning & Defaulting
    • Expired Rentals
  • About reNFT
    • Team
    • Contact
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  1. Video Tutorials
  2. Collateralized

How To Rent

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Last updated 2 years ago

How to rent a collateralized NFT

  1. Click on "COLLATERALIZED" in the market section.

  2. Click on the NFT you want to rent.

  3. Enter the max duration for which you want to rent the NFT.

  4. After specifying the rental duration, you click [RENT NOW] and will have to perform the following actions:

    1. Connect your wallet if you are not already connected.

    2. Transaction 1/2: [Approve Payment Token] (this has to be done only once per token (WETH, DAI, etc.) per Wallet)

    3. Transaction 2/2: [Confirm Rent] Note: You will need to have enough funds in your wallet to pay for the transaction fees and the transaction time will depend on network activity and gas settings. For more detailed information, check the status of your transaction in the respective blockchain explorer (/ )

  5. Success! You have just rented an NFT! You will find your rented NFT in .

  6. Pro-Tip: Don't forget to return your NFT in time, otherwise you might lose your collateral.

etherscan
polygonscan
Portfolio/Renting