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Alpha Quark launched P2P NFT collateral lending protocol on Klaytn network

Alpha Quark, a global NFT and metaverse platform, announced that it launched a Klaytn-based P2P(peer-to-peer) collateral lending service. Through this new launch, it is expected to contribute to building an ecosystem and community through various collaborations with Klaytn-based projects. 

Alpha Quark is the project that provides NFT marketplace and meta-verse experience for users so that Alpha Quark token can be used as utility token in the ecosystem. Alpha Quark recently launched a P2P NFT collateral lending protocol which is a simple P2P marketplace for collateralized NFT loans. It allows borrowers to put up assets for a loan and lenders to make offers to lend in return for interest. Alpha Quark’s lending protocol has increased its efficiency through the use of wBNB. Granting Alpha Quark smart contract permission to manage wBNB allows proposals using only signature, wBNB can be moved during loan execution and repayment, and lenders offering multiple loans for different NFTs with the same wBNB balance and this can reduce the liquidity requirement. 

In addition to the launch of the NFT collateral protocol, Alpha Quark strengthens security and stability through a business agreement with the blockchain security solution ‘BEOSIN’, and strategic partnerships with promising projects such as ‘ONTO Wallet’, the multi-chain wallet solution and ‘’ the global virtual asset platform. Alpha Quark is available through major global exchanges such as Huobi and Upbit, as well as Bithumb,, and Bityard. 

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