Claim NFT from a Breached Loan

If the borrower repays the loan, you'll receive the funds immediately, but if they breach, you could foreclose the loan and get the NFT collateralized in the smart contract. To foreclose a loan, go to the NFT detail page or Lent page, find the breached loan, and click the “Claim” button. After confirming the transaction with your MetaMask and paying the gas fee, the NFT will be transferred to your wallet, and you can list it or trade it if you wish.