Sodium unveils ZERO Pass — Interest-Free NFT Loans

SODIUM
3 min readFeb 21, 2023

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Get ready for a new era in NFT lending!

Sodium, the first Hybrid Liquidity Lending Protocol for NFTs, is about to launch its long-awaited V2 to the public.

An evolutionary experience.

With the launch of the protocols’ full hybrid design, we’re not only enabling collateralized loans via P2Peer and P2Pool lenders, we’re taking NFT Liquidity to a whole new level.

Introducing the Sodium Zero Pass

The Sodium Zero Pass is a non-transferable erc721 NFT that grants its holders exclusive access to additional utilities when using Sodium Protocol.

Sodium Zero Pass holders can:
☞ Instantly borrow from the Sodium Launch Pool with
⌙ 0% interest rate
⌙ 0% platform fees
☞ Unlock hidden benefits & features

Access liquidity in a way that was never before possible, with the opportunity cost as low as ZERO.

Zero Pass Mint Event:
⇢ Date: 3/3
⇢ Price: 0.0 ETH
⇢ Access: Allowlist only

Launch Details via Twitter/Discord.

🔓 How to get the Sodium ZERO PASS?

First come first serve drop
⇢ Direct Allowlist access for the first 99 users.
[Link]

Sodium Allowlist Public Raffle
⇢ If the FCFS drop is filled, you can join the Allowlist Public Raffle.
A limited number of submitted wallets will receive Allowlist status.
[Join here]

Partner projects
⇢ Partner projects will raffle off a limited amount of Allowlist spots.
[Follow announcements on Twitter/Discord/Telegram]

Join our AMAs
⇢ Limited Flash Entry spots during our Twitter Spaces and AMAs.
[Follow announcements on Twitter/Discord/Telegram]

ℹ︎ New partner projects can reach out via our Discord

Keep in mind that the Zero Pass is soulbound and cannot get transferred.
Only wallets with Zero Pass will have access to interest-free loans.

ℹ️ How does the Sodium ZERO PASS work?

Borrowers who are holding the Sodium Zero Pass are eligible to access the zero-interest / zero-fee liquidity pool provided by the Sodium Team.

To be eligible, you have to:
⇢ Hold the Sodium Zero Pass in your wallet
⇢ Request a loan from the same wallet

If the LTV ratio of the zero-interest liquidity is not enough, the borrower can always access additional liquidity from other pools/peers placed further in the Lending Queue.

Don’t miss out

The Sodium Zero Pass utility is expected to grow over time and introduce more exclusive features to its holders in the future!

Don’t miss out on this unique opportunity to be at the forefront of the NFT lending revolution, anon.

Get your allowlist spot before it’s too late.

About Sodium:

SODIUM’s Hybrid Liquidity mechanics combine instant liquidity and fair valuation for efficient loan fulfillment and an attractive LTV ratio for any existing NFT collection.

By combining P2Peer flexibility with P2Pool efficiency, SODIUM is solving what we see to be crucial problems hindering current NFT liquidity platforms.

⇢ Advanced Loan Request matching mechanic for high compatibility and highest collateral valuation.

⇢ Unique Lending AMM design to allow:
⌙ NFT creators to kickstart lending markets for their projects.
⌙ Pro lenders to utilize liquidity via cross-collection Liquidity Pools.
⌙ NFT holders retain their digital asset’s utility via isolated wallets.

⦿ Sodium ⦿ Twitter ⦿ Discord ⦿︎ Telegram

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