Introduction
What is BAE Protocol?
BAE Protocol is a decentralized peer-to-peer NFT lending platform that extends the proven Gondi Protocol v3 architecture with enhancements and modern upgradeable infrastructure. Built on the Diamond Standard (EIP-2535), BAE offers the most flexible and capital-efficient NFT lending primitive with advanced multi-collection singel loan offer structures through systems.
Key Innovations
BAE Lending Protocol introduces several features that set it apart from traditional NFT lending platforms:
Bidirectional Offers: Unlike traditional platforms where only lenders can create offers, BAE enables both borrowers and lenders to initiate loan proposals, creating a more dynamic and efficient marketplace
Multi-Collection Support: Lenders can create offers that accept multiple NFT collections as collateral, providing greater flexibility and capital efficiency
Dynamic Fee Discounts: Qualified borrowers receive protocol fee reductions based on their NFT holdings or protocol discount, making lending more accessible
Diamond Architecture: Modular upgradeable design that overcomes contract size limitations while maintaining security and efficiency
Built on Proven Technology
BAE extends the battle-tested Gondi Protocol v3, inheriting its core strengths including pro-rata interest calculations, instant loan refinancing capabilities, and optimized gas efficiency. The protocol maintains full compatibility with existing Gondi mechanics while adding new features.
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