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img Lake - DeFi Loans
Quick Guide to Taking Loans with Lake (NFT) on the Solana Blockchain

Taking loans against your Lake (NFT) can provide liquidity without selling your assets. Follow these steps to get a loan:

  1. 1. Choose a decentralized finance (DeFi) loan platform from the list below.
  2. 2. Connect your wallet to the DeFi platform.
  3. 3. Deposit Lake (NFT) as collateral.
  4. 4. Specify loan terms and confirm the transaction.
  5. 5. Receive the loan in your wallet.
Platform Type Description Network Action
Compound Decentralized A leading protocol for lending and borrowing assets, including Lake (NFT), on the Solana blockchain. Solana View Loans
Aave Decentralized A DeFi platform offering liquidity pools and flash loans against Lake (NFT) tokens on the Solana network. Solana View Loans
MakerDAO Decentralized A decentralized credit platform that supports creating loans (DAI) backed by collateral, including Lake (NFT). Solana View Loans
Cream Finance Decentralized A lending platform where users can borrow and lend Lake (NFT) tokens with competitive interest rates on Solana blockchain. Solana View Loans
Cream Iron Bank Decentralized A protocol that extends the capabilities of Cream Finance, offering loans and lending pools for Lake (NFT) tokens on Solana blockchain. Solana View Loans
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