Collateralization & Borrowing Amount
When borrowing EGLD on JewelSwap, it's important to note that only certain NFTs on the MultiversX Network can be used as collateral. The list updates from time to time.
NFTs from the top collections are available for the collateral:
The collateral ratio refers to the maximum amount of EGLD that can be borrowed in relation to the floor price of the NFT used as collateral. You can instantly borrow up to 50% of the NFT valuation based on the floor price. NFT floor prices are calculated using an inhouse algorithm.