Themis is a permissionless protocol that enables liquidity providers to collateralize their LP and borrow stablecoins to hedge, speculate or leverage to earn higher yields. Themis also enables users to create anonymous lending between pools of funds and mortgagers of NFTs.
Unlocking liquidity for the Metaverse & GameFi
As the Metaverse becomes increasingly prevalent in the crypto universe, Themis is at the center of creating liquidity for booming Metaverse and GameFi economies.
Themis lets you leverage Uniswap v3 LP positions to borrow stablecoins and blue-chip assets so your initial capital remains in the Uniswap pool generating yield while unlocking its liquidity for greater capital efficiency. Since Uniswap v3 positions are NFTs, they’ve built the capacity to sign in to the protocol with NFTs as well.
Themis has also launched a utility-driven NFT campaign that rewards users who lend/borrow with NFTs that come with perks like a higher LTV ratio. And in the future, they’ll support using other NFTs as collateral for loans and truly become The Bank of the Metaverse!
About Themis
With Themis, you’ll be able to receive a loan using your NFTs from Uniswap v3 as collateral — something no other protocol currently offers.
This way your liquidity will remain in the pool generating yield while unlocking additional value to use however you wish — the ultimate money lego!
In addition to collateralizing your NFTs, Themis allows you to lend, farm, and even bid on liquidated positions in a Dutch Auction. Themis’ collateralized NFTs will offer much more utility than simply Uniswap v3 in the near future, but stay tuned as we’ll dig into that soon!