Sample CyLoans Dashboard
Typical CyLoans Flow
CyLoans is a unique, automated scholarship-university feature that allows users to loan out their inactive CyBlocs to other users who have yet to build their own lineups.
Owners of the CyBlocs for loan can specify the revenue share or fee model as well as any other terms such as loan duration.
In this system:
- Users with unused CyBlocs are scholarship providers and can set their terms (lender)
- Any new users can become a scholar (borrower), provided they agree to the terms set out by lenders
- The relevant NFTs stay in the owner (lender)'s wallet and will be untransferable while being loaned out