Announcing Rollover Loans

A Game-Changing Feature for Borrowers on NiftyApes

We are excited to announce a brand new feature release on NiftyApes - Rollover Loans. This is a brand new feature to the Peer-to-Peer (P2P) NFT lending ecosystem!

It gives borrowers the ultimate flexibility and control over their loans. With Rollover Loans, you can keep a loan in perpetuity as long as there is an offer to roll it over into.

With other set-time, set-rate loans, borrowers had to pay back their loans in full by the due date. However, with Rollover Loans, you can roll any loan over at any time, giving you more control over your finances and debt repayment. This means that if you're unable to repay your loan in full by the due date, you can now roll it over and keep it going, similar to a credit card.

NiftyApes' Rollover Loans are designed to provide you with the best of both worlds. You get the experience of a credit card, where minimum payments are due, but with the flexibility and competitive rates of a P2P market. This means you can choose the payment plan that works best for you, and keep the loan going as long as you need.

With Rollover Loans, NiftyApes is taking a major step towards providing a more credit card-like experience. Just like a credit card, you will be required to make minimum payments on your loan, but with the added benefits of the competitive rates of a P2P market. This makes loans much more like a perpetual line of credit, backed by your NFT.

In conclusion, Rollover Loans is a game-changer for borrowers on NiftyApes. It offers a new level of flexibility and control when it comes to borrowing money.

We believe that this new feature will provide a more seamless and convenient experience for our borrowers, and we can't wait for everyone to try it out.

If you have any questions about Rollover Loans, or any other aspect of NiftyApes, please don't hesitate to reach out to us on Twitter or Discord!