Trava Knight NFT is open to everyone, Trava will expand the NFT rental market utility for use in the lending pool – Sponsored Bitcoin News
For NFT collectors and enthusiasts, exciting and sensational things are coming. Trava.Finance is launching #KnightNFT to realize NFT mortgage. By opening the NFT market for everyone and promoting mortgages, we can see more activities and benefits in the future. This will enable Trava.Finance to move towards achieving their goals and introduce more NFT utilities into their loan pool. Read on to learn more about the exciting launch and the latest developments in Trava.Finance.
Introducing Trava Knight NFT
Trava.Finance It is the world’s first decentralized cross-chain lending market and provides a flexible mechanism in which users can create and manage their lending pools to carry out lending business.Team recently Announce They will launch Knight NFT to implement NFT collateral to realize their vision of allowing NFTS to be widely used as collateral and improving lending agreements.
In October, Trava successfully launched the NFT rental market related to the GameFi project. The project attracted a large amount of traffic and brought motivation to players. To date, many players have successfully deposited their NFTs and let others rent them at scammers’ prices. To further expand its success, Trava plans to expand in the future to include more NFT utilities into its loan pool.
Trava.Finance’s vision is simple-moving towards the goal of allowing NFTs to be used as collateral and improving lending agreements. In the future, the team’s goal is to develop an auction mechanism to price NFTs, and then prepare to integrate them into the borrowing pool as loan collateral. Trava’s NFT market plan was launched first and will be the first step to realize NFT collateral; it will soon bring huge benefits to lenders and borrowers.
Knight NFT holders will be able to farm, pledge, etc.
The Trava NFT market will allow NFT owners to list and sell their NFTs. The launch of Trava Knight NFT will help improve the utility of TRAVA in the system, because all transactions on the Marketplace will be conducted in $TRAVA, so $TRAVA holders will get a lot of benefits from the launch of Trava Knight NFT. In addition, there are other benefits, including farming, stakeout, etc.
In the first phase of the NFT market release, Trava will run the “Trava Armory Chests” product, allowing users to purchase and discover mysterious treasure chests. Based on the epic of Trava Knights, the items in these boxes will be 1 of the 4 parts of the knight’s armor, including helmets, armors, shields and weapons. These parts will be divided into 5 rarities from low to high: copper, silver, gold, diamond and crystal. A chest will contain a random rare item. After collecting 4 complete parts of helmets, armors, shields and weapons, users can assemble a special collection NFT to cultivate in our NFT vault.
Trava.Finance’s NFT farm program will start a few hours after the launch of the “TRAVA ARMORY CHESTS” sales program. By collecting NFT collections, users will be able to get huge benefits from the NFT agriculture program. Trava’s farm plan provides multiple vaults for each holder of rare items, with APY of at least 3 digits. The rarer the NFT, the higher the APY.
One of the great benefits of long-term holding incentives for Knight NFT holders is that the longer the holders’ shares in the treasury, the more favorable they will be in the borrowing pool in the future. Loyalty will benefit greatly from NFT mortgages. The unlucky ones don’t have to worry, because Trava provides a unique “Trade-up” mechanism that allows users to upgrade their NFT rarity by owning multiple items of the same rarity, and provides users with a “repurchase” mechanism to have more Sell ??more options for their NFT.
Here are some important dates to look forward to!
December 13 — An initiative to provide $TRAVA holders with free Trava Armory Chests: The first 100 $TRAVA holders recorded since December 13 will receive free Trava Armory Chests.
December 20-21 — Flash Sale of Armory Treasure Boxes: Our Armory Treasure Boxes will be sold at a discounted price every 2 hours for 2 days.
December 22 — Officially launch the Trava NFT market and agricultural plan, APY is at least 3 digits: able to list and sell Knight NFT, buy armory and provide a high-yield vault.
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