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
Please confirm the contents regarding the conditions to be set in advance.
- Connect your wallet and open the Lend page
- NFTs that are compatible with the rental will be displayed
- Choose your NFT you’re like to lend
- Set rental conditions
- 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.
- Open the dashboard
- The NFT that can be withdrawn is displayed in correspondence with the oNFT held.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.
- Click Withdraw, and verify and approve displayed contents from the wallet. When Transction Suceed appears in the upper right corner, it is withdrawn.
NFTs can be canceled before the rental has occurred.
Upon cancellation, the oNFT will be automatically Burned and removed from the wallet.