P2P NFT Lending testnet

Preparatory Phase

Step 1: Users need to claim the Goerli ETH. You can access the Goerli ETH faucet at https://goerlifaucet.com/ and obtain Goerli ETH, or you can get it in other ways.

Step 2: Users can obtain test NFTs by accessing the following website: https://ptpv2.kyoko.finance/getnft. Please note that obtaining test NFTs will consume Goerli ETH.

Step 3: You need to access the correct website. You can access the Peer-to-Pool NFT Lending testnet product directly through the official website or directly through the link access: https://ptpv2.kyoko.finance/

Step 4: You need to connect your wallet. You can click the "Launch App" button on the right-hand side of the webpage and connect your wallet. You need to switch to the Goerli network afterward, and then you can start exploring the testnet version of the P2P NFT Lending product.

As a Liquidity provider

In the testnet version, users can experience the role of a liquidity provider.

Step 1: Choose your interested NFT collection and click the "Detail" button.

Step 2: Click the "Deposit" button on the right-hand side and deposit the ETH you want to deposit by clicking the "Confirm" button.

As a Borrower

In the testnet version, users can experience the role of a borrower. You can borrow ETH against your NFT.

Step 1: you need to obtain test NFTs. You can find relevant tutorials in the preparatory phase.

Step 2: Choose your interested NFT collection and click the "Detail" button.

Step 3: Click the "Borrow" button on the left-hand side and select the mode of borrowing you are interested in. You can choose the "Stable" mode based on time-based fixed interest rates or the "Variable" mode based on health-based variable interest rates.

As an Active Receiver

In the test version, users can experience the role of a receiver. You can actively liquidate NFTs from other lenders.

Step 1: You need to note that before you can liquidate NFTs from other lenders, other users need to deposit their NFTs into the corresponding pools. Therefore, you need to select the NFT collection that has been deposited into the pools.

Step 2: View the detailed information of the NFT.

Step 3: Based on your psychological price, make an offer.

Step 4: Once you have made a successful bid, your bid will automatically be displayed in the "Auction" section, and once the auction period is over and you have the highest bid, you can claim this NFT directly.