Frakt
The FRAKT protocol is a DeFi x NFT protocol that makes NFTs liquid, using the Solana chain.
What is Frakt?
The Frakt protocol allows its users to make their NFTs liquid by using them for collateral on loans. Users can get $SOL and $USDC liquidity using their NFTs or pool tokens as collateral. They have both perpetual (dynamic interest) and flip loans (fixed interest for a short duration). Peer-to-pool lending lets users earn interest on their $SOL, which can be swapped for $USDC. Their “Initial Liquidity Offering” (ILO) solution also ensures post-mint liquidity, which prevents rugs.
Web3 dapps and developer tools related to Frakt
Discover blockchain applications that are frequently used with Frakt.
Developer resources from Alchemy
ERC-1271 signature replay vulnerability
On October 27th 2023, Alchemy discovered a ERC1271 contract signature replay vulnerability that affected a large number of smart contract accounts (SCA), and led to risks when interacting with several applications.
ERC721 vs. ERC721A: batch minting NFTs
An alternative implementation of the ERC721 standard created by the Azuki team. Useful for optimizing batch mints to create NFTs.
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Frakt alternatives
Explore web3 competitors and apps like Frakt.
Solpad
Double Protocol
Fungify