Robo Finance

First NFT-Based Lending Protocol on BNB Chain

Robo Finance lets you borrow BNB from us and place your MR.ROBOT NFT as collateral for your loan. The maximum amount that you can borrow and the duration of your loan will be decided by the Robo Team. We will not be imposing an interest rate based on your loan duration like other platforms. Instead, we would be applying a fixed service charge based on your loan size with us.

Phase 1

At this phase, only Robo Genesis holders can use Robo Finance and they will not be charged any service charge for a limited period. This can be viewed as a Beta test phase for Robo Finance. We expect this phase to be completed within 2 months after launch.

Phase 2

After the minting of the Robo Council Series and all the rarity allocation is sorted out, we would be opening up Robo Finance to Council Holders. We would open the service in stages to preserve the liquidity in Robo Finance.

Phase 3

We would open up Robo Finance to start accepting NFT from other projects on Pentas and BNB Chain. We would start with the projects that have won our allocations via Robo Labs sessions. The service fees would be slightly higher compared to using our own NFT.

Perks for Robo Holders

Once Robo Finance has reached a significant amount of liquidity and becomes stable, we would start to distribute a portion of the service fee (BNB) accumulated to Robo Holders. We would also auction off the defaulted loans to Robo holders first before listing them on the Open market. During the initial phases, all service fees would be redirected to provide liquidity for Robo Finance.