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Lend NFTs on RentaFi (For Beginner)
RentaFi makes it easy to rent out NFTs with minimal input; to rent out an NFT with RentaFi, you just need to set the following conditions.
- Rental Duration (Min Duration / Max Duration)
Number of days of continuous rental
- Daily Rental Price
Rental price per day
- Payment Token
Token used for payment
- Amount(only ERC1155)
Number of items to be exhibited
Screen layout
![](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/63a32139-7539-43b4-9591-b432d71b439b/e00c13b164e9264d1217d85df5cd25aa.png)
![](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/b6ab751b-bff8-4d41-b825-964e52296313/10f2ce0de625cb7f5f9ddb73dc92782c.png)
Lend the NFT
- Connect your wallet and open the Lend page
Image
![Click Lend on the header](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/21b45973-1071-48a3-9c44-7b65e29aac9c/f25bbd64ae02b51458ee65820bec636e.png)
- NFTs that are compatible with the rental will be displayed
Image
![Display the NFTs you can lend](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/315b1a4c-e703-4f04-b3c9-e5c45db685b7/f691380aa79751dda37260f9eb7d4ea2.png)
- Choose your NFT you’re like to lend
image
![Lend pages (ERC1155 compliant)](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/63eae2c0-c35d-4cfb-b3b3-ba0e88204a71/4400fb3b3426357836425f829e4117a8.png)
- Set rental conditions
image
![Set the number of days that the rental can continue.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/31dcb0ff-6634-4f04-ab93-313e09ad8d0f/b29cd12f9d3b65ab388c10b14bb45769.png)
![Set rental fee per day.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/d93c8884-c2ce-47ce-8c9b-678ace932648/615d84d1536c79281d068a94ee59a7a0.png)
![Set the number of items to be displayed (ERC1155 only)](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/d4df6857-be7f-4b5b-862f-0cabd52d8552/a71c1803e550df67b234614372c0cbb1.png)
- Click Lend to review and approve the contents of the wallet display. When Transaction Succeed appears in the upper right corner, the NFT has been successfully deposited.
image
![After filling in the checkboxes for pre-confirmation of use, click Lend to execute.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/03fc5cac-e775-48e1-9b58-d9d40569aa8d/45877fe09d27cb5b379b494f970159ac.png)
![If successful, Transction Suceed is displayed.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/a55b9db5-a26e-4d16-a187-4834db1e1de9/b6cb3502cdcbabd7e37a3c862491aeef.png)
Check the dashboard
![](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/8575d918-5431-44ee-a0f4-fc0343acf554/fc358a6aec9c64f610d4aaac733679d3.png)
Withdraw the NFT on the deposit
- Open the dashboard
Image
![Clicking Dashboard on header](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/d79a17fb-3cf6-47f7-bc43-4973e8f5daef/32965f3216e45a732c2966369301381d.png)
- The NFT that can be withdrawn is displayed in correspondence with the oNFT held.
If you don’t have an oNFT with you, you cannot withdraw a deposited NFT.
Image
![Lend page is shown below](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/3cb9e3b0-a7f2-4fd6-940d-ef6d5ffdcb1f/ab7690f43d25681359e098b00e26ad0d.png)
- Click Withdraw, and verify and approve displayed contents from the wallet. When Transction Suceed appears in the upper right corner, it is withdrawn.
Image
![Click Withdraw to withdraw the deposited NFTs.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/1889035e-2738-4699-a4bb-a91ac40ddf86/294eabb4e4161eaece132390c1069d41.png)
![If successful, Transction Suceed is displayed.](https://s3.ap-northeast-1.amazonaws.com/wraptas-prod/docs-rentafi/e925ebe5-d9d8-4837-afac-69c6c5710bd5/6654030360315caa27632e9dfb2116f8.png)
Cancel to lend
NFTs can be canceled before the rental has occurred.
Upon cancellation, the oNFT will be automatically Burned and removed from the wallet.