# GDeFi

GDeFi is a financial protocol component in Gbox V2 to enhance the liquidity of NFT assets. GDeFi can split, mortgage and lend NFT assets, which greatly expands the use scenarios of NFT assets. Through GDeFi protocol components, NFT holders can do more incredible things in the Gbox market.

### NFT Split

With the GDeFi protocol, you can anchor and exchange NFT assets with ERC20 tokens to achieve fragmented NFT transactions. Of course, the initial split function is limited to some mainstream NFT assets. As market demand increases, we will support more NFT projects.

### NFT Liquidity Provision

After tokenizing NFT, NFT assets can be split into the asset pool to provide sufficient liquidity for the NFT by injecting other assets and benefit from them. In addition to LP rewards, users can also earn commissions on NFT split and redemption.

### NFT Lending

You can obtain a loan amount not exceeding 60% of the mortgaged assets by betting on NFT assets with high liquidity in Gbox, and you can quickly lend other NFT assets or tokens only by paying interest.

What is worth looking forward to is that the current development progress of GDeFi protocol components is close to 30%. The complete GDeFi protocol will be available in Gbox V2 version soon.
