Gondi

Is Gondi a secure platform?

Gondi prioritizes security through decentralized, non-custodial smart contracts and has undergone audits by firms like Quantstamp and Trail of Bits. The protocol eliminates liquidation risks tied to price volatility by using fixed-term loans instead of oracle-based triggers. Users retain full control of their assets, with no third-party custody, and are responsible for safeguarding their wallet keys.

How to use Gondi?

Users connect an Ethereum wallet to Gondi’s platform, navigate to the "Get a Loan" section, and select NFTs from whitelisted collections to list as collateral for loan offers. Borrowers review lender terms (loan amount, APR, duration) and accept suitable offers, while lenders deploy capital by proposing customizable risk parameters for specific NFTs or entire collections. Loans can be repaid early to minimize interest costs, and refinancing occurs automatically when lenders improve terms.