Pine Now Pay Later
Frequently Asked Questions (FAQs)
PINE NOW PAY LATER
What is Pine Now, Pay Later (PNPL)? Pine Now, Pay Later is Pine’s innovative mortgage-like borrowing feature that enables users to buy an NFT with leverage using the NFT itself as collateral for the purchase. Think of it as a mortgage for a home. Once you fully repay the outstanding loan, you will have full ownership of the NFT. Be sure to check out the Pine Now Pay Later guide for more information.
Which collections are supported? Any collection that is currently listed on https://app.pine.loans/ is supported for PNPL! Don't see the collection? Be sure to visit our Discord.gg/PineProtocol and drop your suggestion!
How are the terms different from normal borrowing? There is no difference.