Buy Now
This period gives Lenders the exclusive opportunity to acquire defaulted NFTs on a first-come, first-served basis
If no repayment is made by the Borrower during the Grace Period, the defaulted NFT will become available in the “Buy Now” area of the app for 48 hours.
Lenders who have funds in the corresponding Lending Pool will have access to the “Buy Now” area and will be able to purchase the NFTs for either their Grace Period Price or the NFT AMM's price (whichever one is the highest).
The Buy Now section is accessible through the Lending Dashboard.
This Section only exists if and when there are defaulted NFTs.
You can check what's currently available by clicking View all Defaulted NFTs for Sale.
You can click Buy Now to call a pop-up modal where you can choose to finalize your purchase.
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