What is Gondi?

Gondi is a decentralized, non-custodial NFT lending protocol on Ethereum, designed to provide flexible and capital-efficient loans. It enables NFT holders to borrow WETH or USDC by using their NFTs as collateral, without relying on price oracles, thus eliminating the risk of sudden liquidations.

Key features of Gondi include:

  • Vaults: Users can bundle multiple NFTs into a single vault to secure larger loans and simplify management.
  • Tranche Seniority: Loans can be structured with different tranches, allowing lenders to choose their preferred risk and return profiles.
  • Instant Refinancing: Lenders can instantly refinance existing loans by offering better terms, benefiting both parties.
  • Sell & Repay: Borrowers can list their collateralized NFTs for sale directly through Gondi, and proceeds from the sale are automatically used to repay the loan.

Gondi has facilitated over $180 million in loan volume and maintains a total value locked (TVL) of $100 million, supporting blue-chip NFT collections like CryptoPunks and Bored Ape Yacht Club.

Gondi Airdrop (Points Program)

Gondi has implemented a points system that tracks user activity on their NFT lending platform, as indicated by their points leaderboard page. While there hasn't been an official announcement regarding a token or airdrop, the presence of a points tracker suggests Gondi might be preparing for a potential future token distribution or rewards program for active users.

✅ How to Qualify for the Potential Airdrop:

  1. Join Gondi: → Referral Link – defishills.com/gondi
  2. Participate in NFT Lending Activities:
    • Borrow WETH or USDC using your NFTs as collateral
    • Lend to borrowers on the platform
    • Create and utilize vaults to bundle multiple NFTs
    • Complete successful loan transactions
  3. Engage with Key Platform Features:
    • Use Gondi's instant refinancing capabilities
    • Try the new vault features for ERC-20 tokens and ERC-1155 NFTs
    • Explore the “Sell & Repay” function for collateralized NFTs
    • Utilize tranche seniority for different risk profiles
  4. Maintain Active Participation:
    • Regular platform activity may be tracked on the points leaderboard
    • Higher transaction volume could potentially lead to more points
    • Longer-term engagement might be rewarded more heavily
  5. Utilize Advanced Features:
    • Take advantage of Delegate Cash for airdrop claims while your NFTs are on loan
    • Try ERC-20 vaults for borrowing against tokens
    • Participate in high-value loan transactions if possible
  6. Stay Informed:
    • Follow Gondi's official channels for announcements about their points program
    • Monitor for updates about potential token launches or airdrop events

📌 Track Your Progress:

🔗 Helpful Links:

Leave a Reply

Your email address will not be published. Required fields are marked *