What is Zumer Protocol?
Zumer Protocol is a non-custodial liquidity protocol with a novel credit and liquidity risk management mechanism to allow permissionless loan origination for NFT assets by segregating different risks to different liquidity providers.
Secure
Our novel risk management mechanism allows principal protection for lenders. Additionally, our liquidation insurance also offers protection for NFT owners to avoid losing their ownerships amid absurd market conditions.
Permissionless
Zumer is partnering with an oracle provider to apply a decentralized price feed for NFTs to the protocol. With that, Zumer is able to price NFTs based on a set of rules written into the smart contract and lend out loans permissionlessly.
Composable
Zumer has an Uniswap-like feature that allow any Metaverse (collectibles, GameFi and etc.) projects to create their own financing pool to either boost the liquidity of their projects or offer the BNPL option to potential buyers.