Something exciting & sensational is coming for NFT collectors and enthusiasts alike to look forward to. Trava.Finance is launching #KnightNFT for enabling NFT-collateralization. We can expect more activity and benefits by opening up the NFT marketplace to everyone and facilitating collateralization. Trava.Finance will be able to achieve their goals and include more NFT utilities into their lending pool. Continue reading to learn more about Trava.Finance’s exciting launch and the things they are doing.

Introducing Trava Knight NFT

Trava.Finance is the world’s first decentralised marketplace for cross-chain lending and offers a flexible mechanism in which users can create and manage their lending pools to start a lending business. The team recently announced they will launch Knight NFT for enabling NFT-collateralization, to fulfil their vision of allowing NFTS to be widely used as collateral and improving the lending protocol.

Trava launched their NFT Rental Marketplace in October with the help of a GameFi project. This saw a surge in traffic and a boost in players’ interest. To date, many players have successfully deposited NFTs to allow others to rent them at a lower price. Trava intends to increase the lending pool to add more NFT utilities to build on this success.

Trava.Finance’s vision is simple – to progress towards the goal of allowing NFTs to be used as collateral and improving the lending protocol. The team plans to create an auction mechanism for pricing NFTs, and then integrate them into the lending pool that acts as collateral for loans. Trava’s NFT Marketplace, which is planned to launch first, will be the first step to enabling NFT-collateralization; bringing huge benefits to the lenders and borrowers soon.

Knight NFT Holders Will Be Able to Farm, Stake and More

Trava NFT Marketplace will allow NFT owners to list and sell their NFTs. Launching the Trava Knight FFT will increase TRAVA utility. All trading on the Marketplace is done in $TRAVA. $TRAVA holders will enjoy many benefits from the Trava Knight’s NFT launch. Other than this, there are many other benefits such as farming, staking, and more.

Trava will launch the ‘TravaArmoury Chests product at the initial stage of the NFT Marketplace Launch. This allows users to purchase and discover mystery chests. The Epic of Trava Knights states that the chests contain randomly one of the four parts of a knight’s armour. This includes Helmets, Armors, Shields, Weapons and Weapons. These parts will be divided into five rarities, from lowest to most valuable: Silver, Gold and Diamond. A chest can contain one random rarity. After collecting four full pieces of Helmet and Armor Shield, Shield, Weapon, and Weapon, users can create a special Collection NFT that they can farm in our NFT vault.

Trava.Finance’s NFTs Farming Program will be launched several hours after the “TRAVA ARMOURY CHESTS” sales program initialization. Users will be able earn high yielding NFTs by collecting NFT collections. Trava’s farming program provides holders with vaults for every rarity, and a minimum 3-digit APY. Higher APY is paid for rarer NFTs.

Knight NFT holders get a great benefit: the longer they hold the vaults, and the more favorable treatment they will receive in the future lending pool. NFT collateralization will greatly benefit loyalty. Trava has a unique Trade-up’ mechanism that allows users to increase their NFT rarity through multiple items of the same rarity. Users also have a ‘Buyback’ mechanism that gives them more options for selling their NFTs.

Here are some important dates to look forward to!

Dec 13th — Initiative Campaign for $TRAVA holders to get free Trava Armoury Chests: top 100 $TRAVA holders recorded from Dec 13th will be given free Trava Armoury Chests.

Dec 20th — 21st — Flash sales for Armoury Chests: Our Armoury Chests will be sold at a discounted price every 2 hours in 2 days.

Dec 22rd — Official Launch of Trava NFT Marketplace and Farming Program with at least 3-digit APY: Enabling to list and sell Knight NFTs, buying Armoury Chests and offering vaults with great yield.

To keep up the project visit Trava.Finance, and make sure to follow the team on Twitter, Telegram, Reddit, Discord and Medium.

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