Kyoko
  • Kyoko Introduction
  • HOW IT WORKS
    • Peer-to-Pool NFT Lending Platform
      • P2P NFT Lending Introduction
        • As Lenders: Earning Interest
        • As Borrowers: Get Instant Loans
        • NFT as the collateral
        • NFT Price Discovery
      • Who can create the pools?
        • The Blue-Chip Pools
        • The Shared Pool
      • Risk Models: Health factor or Time-based
        • Risk Framework
        • Dual Rates
        • NFT Risk Parameters
      • Pending Liquidation
        • Auction liquidation
        • Bad Debt
      • Security and Audits
    • Cross-Chain GameFi Assets Lending(CCAL)
      • How to use Cross-Chain GameFi Assets Lending?
      • FAQ for CCAL
  • TOKEN
    • Token distribution
    • Understanding $KYOKO in P2P NFT Lending
      • Staking (Shared income)
        • Staking your $KYOKO
        • Claiming shared income
      • Voting
        • Vote Locking
        • Governance Mechanism
        • Snapshot
        • Proposals
    • Vesting
    • Stake
      • Liquidity Mining
      • How to start staking?
    • Business Model
    • Governance
      • KRCs
      • KIPs
      • Governance forum
      • Voting(Snapshot)
  • Roadmap
  • Security and auditing
  • Contact
  • DEPLOYED CONTRACTS
    • P2P NFT Lending
    • Cross-Chain GameFi Assets Lending(CCAL)
  • TEST
    • P2P NFT Lending testnet
    • Cross-Chain GameFi Assets Lending(CCAL)
  • COMMUNITY
    • Twitter
    • Telegram
    • Discord
    • Medium
    • Github
    • TERMS OF SERVICE
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On this page
  • 1. Why do we need CCAL?
  • 2. Who will use CCAL?
  • 3. What will lenders and borrowers get?
  • 4. What if the borrower does not return the asset?
  • 5. At what rate will the borrower pay for the in-game assets?

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  1. HOW IT WORKS
  2. Cross-Chain GameFi Assets Lending(CCAL)

FAQ for CCAL

1. Why do we need CCAL?

CCAL is needed in order to maximize the benefits of idle in-game assets. It also provides a platform to lower the cost of game entry for gamers and guilds through low cost in-game asset rentals.

2. Who will use CCAL?

Those who have idle in-game assets will use the CCAL platform to earn additional passive income. Additionally, gamers or guilds who lack the necessary in-game assets but desire to earn income through new games will borrow in-game assets through CCAL.

3. What will lenders and borrowers get?

Lenders receive interest payments based upon the interest rates and rental period as specified in the rental contract. Borrowers receive the in-game assets needed to play a game and earn income.

4. What if the borrower does not return the asset?

Should the borrower default and fail to return the asset, their initial cash deposit will be liquidated and sent directly to the lender.

5. At what rate will the borrower pay for the in-game assets?

Interest rates and other terms of rental are set by the lender.

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Last updated 3 years ago

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