Honey Finance

• Tech Stack: Solidity, Rust, Avalanche, Solana, Next, Blockchain, Web3.js, Ether.js
• Website URL: Link
• Github URL: Project Link

This is one of the big project, I have built NFT lending/borrowing system on Avalanche/Solana. You can lend and borrow NFT from this site and the price comes from the NFT oracle.
So you deposit this collateral, we see it belongs to collection X so the floor price is Y. We send 70% of Y (assuming the loan to value is 70%) and the loan begins.
Now two things can happen (already coded in compound). Interest is accumulating, either you pay back the loan + interest and it sends your collateral back, or the loan + interest is too high and it sends it to a liquidation smart contract.