Borrowing and Lending Vote-To-Earn
This page intends to give you a brief explanation of what Borrowing and Lending Vote-To-Earn is and how it works.
General
Vote-To-Earn Gameplay on SOLARR Borrowing and Lending Transaction Data.
For borrowing and lending transacted on SOLARR, different types of data would be produced and counted by the successful and completed transactions, including but not limited to (1) Total Borrowing Amount, (2) Average Yield Rate, (3) Total Lending Amount.
SLCR holders could utilise their SLCR as voting power and participate in the vote-to-earn gameplay regarding the successful borrowing and lending transactions data on SOLARR. When the final result matches with the option you voted for, you would become the winner / one of the winners.
Winners could get a certain % (to be pre-defined by SOLARR before the proposal submit) of total yield / total yield of a specific NFT Collection generated on SOLARR platform as reward. The total reward would be proportionally distributed to the winners by the amount of SLCR they have voted for.
Hints for Voters
The borrowing and lending transactions data on SOLARR platform shall be fluctuated and affected by not limited to the following factors:
The overall NFT Market / Crypto Market Status
The status and future roadmap of one NFT Collection which leads to the NFTs market price
Lenders' confidence and expectation to the future development of one NFT Collection
Borrowers' expectation to borrowing amount by collaterising their NFTs
As a voter participating in borrowing and lending vote-to-earn, you may look and feel the data related to the above factors in order to have your accurate prediction and increase the opportunity to be the winner.
Click here to learn more about Borrowing and Lending Vote-To-Earn from a case scenario.
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