How Does OpenSky Work?
Anyone can create a liquidity pool against any individual NFT they believe in. It is a free market where people define their own pool for lending and borrowing.
Once there is a NFT liquidity pool available, crypto owners can deposit crypto into the pool to earn interest. Your deposit will pass directly to AAVE protocol and you will earn passive income.
  • If the NFT HODLer doesn’t borrow, you will still earn interest from AAVE.
  • If the NFT HODLer decides to borrow, you will receive the AAVE interest plus extra interest from the borrower. You will also be rewarded with OpenSky tokens (OST).
  • The NFT HODLer can borrow up to 50% the TVL of the NFT pool.
Last modified 7d ago
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