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Conditions for rental support
Collection owners can set each condition for rentals to maintain the brand and operational strength of the community. Each condition that community owners can set is listed in the table below.
Condition | Detail |
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Token ID | If the rental target is limited to some NFTs, you can specify the token ID of the target. Unsigned means that all NFTs in the collection are eligible for rental. |
Minimum Price | The lowest price at which to lend. The value of 0 means that the market is free to trade. ex: 0.01ETH |
Payment Token | Tokens that can be used to pay rental fees. ex: ETH, DAI, USDC… |
Min Duration | The number of days in a rental when the renter rents the shortest amount of time in a single rental. The value of 0 means that there is no limit on the shortest length of time. ex: 3days |
Max Duration | The number of days in a rental when the renter rents the longest amount of time in a single rental. ex: 30days |
Owner Royalty | Royalty Rate to Owner. Guaranteed royalty per rental day multiplied by the lowest price and owner royalty rate. ex: 5% |
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