Liquidium returns with Ethereum lending offers for Mutant Ape NFTs

Liquidium has returned with a new set of Ethereum lending offers, including a 14-day loan option for holders of Mutant Ape Yacht Club (MAYC) NFTs at a loan-to-value (LTV) ratio of 62.18%, according to the platform’s latest promotion.

The offer, shared by Liquidium, advertises loans backed by Mutant Ape NFTs with no activation fee. The promotional image also displays lending terms of 14, 30 and 45 days, giving users several duration options to consider.

The featured offer shows an LTV of 62.18%, with a displayed value of 0.8041 ETH, equivalent to about US$2,065.56 in the image. A separate figure shows 0.5 ETH, valued at approximately US$1,284.39. These are the values displayed in the promotional material and may change with market prices or the terms available to individual borrowers.

NFT-backed lending allows holders to use eligible digital collectibles as collateral to access cryptocurrency without selling the assets. However, borrowers should review the interest rate, repayment deadline, collateral valuation and liquidation conditions before accepting a loan. If a borrower fails to meet the agreed terms, the collateral may be at risk.

Liquidium’s post invites NFT holders to explore the offers, but the promotional material does not specify the interest rate, all eligibility requirements or the full repayment conditions. Users should check the platform’s current loan terms before proceeding.

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