Ember NFT Wallet

Borrowers would utilize The Ember NFT Wallet to borrow NFTs from Ember. The Ember NFT Wallet gives Borrowers the ability to interact with the NFT through adapters and the permissions they set, by simulating the ownership of the assets in the vault Protocol, whilst ensuring that the Borrower cannot remove the NFT from the vault. This approach secures the assets of the Lenders, and allows them to set the terms of usage of their assets.

Features:

  • Enables borrowing of NFTs through Ember

  • Normative wallet functions include storage of tokens, NFTs and transaction history.

  • Additional features optimized for NFTs & Gaming Rental Statistics -

  • Information on rented NFTs (remaining duration). Extend Rental Duration through Wallet.

  • Cross-Chain

  • Non-Custodial.

The Ember NFT Wallet interacts with the vault protocol in which the NFT is staked through the use of adapters which whitelist the actions that the Borrower can use the NFT. The Game or Application would recognize the vault as the owner of the NFT for the entire rental duration. By simulating the ownership of the assets in the vault protocol through the Ember NFT Wallet, Borrowers can utilize their rented NFTs in line with the permissions they have been granted, and ensures that the NFTs cannot be misused by the Borrower.

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