XCarinval is a collateralized lending platform tailored for metaverse assets, offering collateral lending services for various NFT assets and long-tail assets, effectively unlocking the value of illiquid assets. XCarnivals pioneering revolutionary timed auction liquidation mechanism is dedicated to building leasing, pawnbroking, and lending businesses for non-standard assets, and it also provides various flexible and adjustable synthetic asset templates to help users quickly create financial products and thus earn profits.

Project Introduction

XCarnival is a collateralized lending platform for metaverse assets.

The XBroker module within the protocol acts as a peer-to-peer NFT lending platform where users can negotiate interest rates and loan amounts and pledge their own NFT assets in exchange for liquidity loans. The other module, Megabox, focuses on sub-mainstream token collateralized lending. Its unique pool-based collateral rate setting model and risk control system can effectively provide liquidity release for users holding various long-tail asset tokens, expanding their exposure to potential gains. These are indispensable infrastructures for the upcoming metaverse Metavase, where everything can be pledged, soon to become a reality.

XCarnival is a multi-chain protocol that will launch on the BSC chain. In addition, the team is already advancing preparations for deployment on Ethereum Layer 2 and Polygon, as well as on Solana.