The NFT lending platform NFTFi has completed an agreement upgrade, supporting NFT loans of up to 5 years and ERC-1155 assets

ChainCatcher news, the NFT lending platform NFTFi has completed a protocol upgrade, now supporting NFT loans for up to 5 years. NFTFi will also support ERC-1155 assets, including various real-world assets such as art, collectibles, real estate, and intellectual property as NFT collateral. NFTFi expects to launch new services again by the end of 2023, including refinancing and proportional interest repayment loans.