# NAFTA

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Nafta has launched! Try it today at [nafta.market](https://nafta.market)!
{% endhint %}

### What is Nafta?

Nafta is a platform that facilitates NFT Flash Loans & Long Term Renting without any collateral.

![](/files/GJXcmizzEWQkFYs3h2Mi)

### Features

#### [Long Term Renting](broken://pages/cnrHGD5HgzyRVaFbqCPc)

Allows you to rent as many times as you want for the fixed price paid once.

* The owner of an NFT pools it with the Oiler Nafta pool -> sets the borrowing rate & the maximum borrowing period.
* The renter receives a wrapper NFT representing the borrowed asset, which they can trade, transferring the flash-ownership

#### [FlashLoans](broken://pages/4tTSgT16E1WITCrONWcH)

Allows you to flash-loan an NFT in a single transaction; NFT has to be returned into the pool at the end of the transaction, together with the loan cost paid to the pool.

* The owner of an NFT pools it with the Oiler Nafta pool & sets the single loan price
* The renter flash-loans an asset in and returns the original NFT at the end of the transaction.
* In the case where the original NFT is not returned -> transaction reverts.


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