How To Rent
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 (etherscan / polygonscan)
- 5.
- 6.Pro-Tip: Don't forget to return your NFT in time, otherwise you might lose your collateral.
Last modified 10mo ago