Introducing NFTFi:The world’s first decentralized protocol-based NFTFi NILE Medium :  https://medium.com/nile-official/introducing-nftfi-the-worlds-first-decentralized-protocol-based-nftfi-ff73867122ba Dear NILERs, With the launch of NILE, a WEMIX3.0 based DAO & LIFE platform, last November, the NILE team has introduced various services such as DAO, NEITH Station, and Marketplace to allow our users to enjoy new experiences and life evolution. Now we are once again ready to present a completely different experience that has never existed, and today we are introducing you to NFTFi, the world’s first P2P(Peer-to-peer) protocol-based service which will be launched in NILE on June 21st. NFTFi of NILE is a decentralized protocol-based service that allows NFTs owned by individuals to be utilized as types of financial products. NFTFi aims to provide services that are more than purchasing and trading of NFTs such as Borrow and Lend service. Borrow service will enable users to borrow tokens by setting NFTs that users own as a collateral to create a borrow application while Lend service will allow users to lend tokens they own to earn deposit rewards. So, don’t miss out and experience the infinite expansion of assets by using NFTs that have been kept in your wallet for so long!  When a user creates a borrow application to borrow tokens by setting its own NFT as a collateral, other users who want to earn deposit rewards can bid on the borrow application and lend tokens by holding the NFT as a collateral. If the total borrowed amount, including the deposit reward, is not returned within the repayment period, the NFT which was held as a collateral will be transferred to the lender.   NFTFi helps to create a stable ecosystem with future value guaranteed through the Covenant value, and maximizes the asset leverage through an efficient borrow model. Stay tuned for NILE's new service, NFTFi, which will further promote and boost the NFT finance and contribute to the vitalization of the WEMIX 3.0 ecosystem. This will all be possible with the world’s first decentralized protocol NFTFi. Please refer to the details below and the teaser video for information related to NFTFi. [NFTFi Service] • Borrow: Borrow tokens by setting NFT owned as a collateral. • Lend: Lend tokens by holding the NFT as a collateral to earn deposit rewards. • Swap: To be updated. *All NFTFi services can utilize WEMIX and WEMIX$. [Launch Schedule] • June 21st, 2023 *Launch schedule may change due to internal circumstances. [NFTFi Teaser Video] • WEMIX Official Youtube: https://www.youtube.com/watch?v=KvLvU6W223g • NILE Official Homepage: https://www.nile.io/ We hope for the community and investors' interest and support  in promoting the value of NFT as a financial asset and expanding the WEMIX3.0 ecosystem through NFTFi. Thank you. Official WEMIX site announcement:  https://www.wemix.com/communication/c6c3defa-c0af-4cac-bd59-df3f264c59f4 *You can check the original announcement at the official WEMIX site(wemix.com).