www.usecyan.com Open in urlscan Pro
2606:4700:20::ac43:46b2  Public Scan

Submitted URL: https://usecyan.com/
Effective URL: https://www.usecyan.com/
Submission: On November 15 via api from US — Scanned from DE

Form analysis 0 forms found in the DOM

Text Content

CYAN

Docs

Team

Twitter

Discord

YouTube

Articles

Launch App


BUY NOWPAY LATER


THE FIRST BUY NOW PAY LATER SERVICE (BNPL) FOR NFTS. PUT 25% DOWN ON THE TOTAL
AMOUNT OF AN NFT PLUS INTEREST, AND OWN THE NFT TODAY.

Get startedAdd to Chrome


BUY NOWPAY LATERFOR NFTS

Get started


 * COOL CATS
   
   
   #864
   
   
   BUY ON BLUR:
   
   
   0.8996 ETH
   
   
   BUY WITH CYAN:
   
   
   0.25 ETH


 * BORED APE YACHT CLUB
   
   
   #2495
   
   
   BUY ON BLUR:
   
   
   29.39 ETH
   
   
   BUY WITH CYAN:
   
   
   7.95 ETH


 * DOODLES ORIGINAL COLLECTION
   
   
   #8125
   
   
   BUY ON BLUR:
   
   
   2.139 ETH
   
   
   BUY WITH CYAN:
   
   
   0.58 ETH


 * AZUKI
   
   
   #4942
   
   
   BUY ON BLUR:
   
   
   5.899999 ETH
   
   
   BUY WITH CYAN:
   
   
   1.60 ETH


 * COOL CATS
   
   
   #864
   
   
   BUY ON BLUR:
   
   
   0.8996 ETH
   
   
   BUY WITH CYAN:
   
   
   0.25 ETH


 * BORED APE YACHT CLUB
   
   
   #2495
   
   
   BUY ON BLUR:
   
   
   29.39 ETH
   
   
   BUY WITH CYAN:
   
   
   7.95 ETH



INVESTORS



INVESTORS


GET YOUR NFT NOW


WITH ONE DOWN PAYMENT, YOU CAN OWN YOUR FAVORITE NFTS TODAY.

How to buy NFTs
How to buy NFTs


Read on how to stake and earn



STAKE WITH NFTS


AS YOU PAY OFF YOUR NFT, YOU CAN USE YOUR NFT TO STAKE FOR AIRDROPS.

Read on how to stake and earn


INSTANT NFT LOANS


INSTANTLY GET YOUR NFT APPRAISED, AND BORROW ETHEREUM ON THE SPOT.

Learn how to get an NFT Loan

Learn how to get an NFT Loan
Learn how Cyan Vaults work



EARN YIELD ON ETHEREUM


IF YOU PREFER TO GET YIELD ON YOUR ETH, STAKE IN OUR VAULTS. WE HAVE DIFFERENT
FLAVORS FOR ALL CATEGORIES OF NFTS.

Learn how Cyan Vaults work


CHROME EXTENSION


AN EASY WAY TO FINANCE NFT PURCHASES NATIVELY ON ALL MAJOR MARKETPLACES.

Download the Cyan Extension

Download the Cyan Extension
Go shopping now


OPENSEA


LOOKSRARE


X2Y2


SUDOSWAP


RESERVOIR


NFTX


MARKETPLACE SUPPORT


CYAN SUPPORTS BNPL FOR NFT ON SEVERAL MARKETPLACES. ON AVERAGE, WE ADD A PARTNER
ONCE EVERY MONTH.

Go shopping now


DEVELOPERS REJOICE


INTEGRATE WITH CYAN IN UNDER 10 MINUTES USING THE CYAN SDK.

Read our developer docs

Read our developer docs
View all 7 security reports



AUDITED BY THE BEST


THE CYAN PROTOCOL HAS BEEN AUDITED BY CERTIK, 0XQUIT AND SEVERAL OTHERS.

View all 7 security reports


HERE’S WHAT OUR USERS SAY

> Well this has by far the easiest way to get a 'free' forge upgrade every
> couple days when I has no apecoin lol https://t.co/ylsb2v0aoy
> 
> — Dadjudicator | 4707.eth (@dadjudicator) September 11, 2023




FREQUENTY ASKED QUESTIONS


WHAT IS BUY NOW, PAY LATER FOR NFTS?

Buy Now Pay Later (BNPL) is a way of financing an item. Klarna, Affirm, and
Afterpay provide BNPL to existing e-commerce websites. BNPL works by breaking up
the price into many installment payments. So instead of paying for an NFT all at
once on OpenSea, only an initial down payment is necessary. Make four payments
in three months on Cyan instead of one large payment on OpenSea.


HOW DOES CYAN HELP FINANCE THE PURCHASE OF NFTS?

Cyan is a DeFi protocol that matches users with NFT leverage and those looking
for yield by staking Ethereum into Cyan Vaults. When users start a new BNPL
plan, they make a down payment of 25% and borrow the rest to buy the NFT. This
is a 75% LTV, with which the underlying NFT purchased becomes the collateral for
the loan. Cyan Vaults have claims against the purchased NFT in the event of a
default.


WHAT IS AN NFT LOAN, AND HOW DOES IT WORK?

An NFT Loan is when you use an NFT as collateral to borrow ETH, WETH, USDC,
MATIC, or other cryptocurrencies. On Cyan, we offer up to six-month loans
against your NFT, with installments paid back every 31 days. You are now able to
borrow up to 66% of the appraised value of your NFT. We also offer shorter
durations, such as 24-hour flash loans or 7-day weekly loans.


WHAT HAPPENS IF I DON’T MAKE A PAYMENT?

In a missed payment, the underlying NFT moves to the respective Cyan Vault. For
example, in a BNPL default, the purchased NFT moves into a Cyan Vault. The NFT
liquidation process begins by listing the NFT in open markets. We are currently
building a grace period into the protocol to allow for late payments.


HOW DO YOU DETERMINE THE INTEREST RATE FOR BNPL OR NFT LOANS?

Cyan’s risk engine will appraise every NFT requested and provide an interest
rate. We’ve identified over 150 characteristics to measure. The major criteria
are the creditworthiness of the user and the quality of the NFT. Trailing
volume, volatility, depth of markets, number of transactions, stability of the
community, and dispersion of ownership are some of the characteristics which
determine the quality of an NFT.


IS THERE A TOKEN, AND IF ONE DOESN’T EXIST, WEN TOKEN?

Currently, a token does not exist. Similar protocols have issued tokens, and
we've seen them become distractions or harm the community. A token must enhance
the protocol instead of a means for capital or value extraction. There is no
definitive date for issuing tokens, but it is always under review.

PARTNERS



PARTNERS

LATEST FROM CYAN


GUIDE TO APECOIN STAKING ON CYAN

November 6, 2023


GM - NOVEMBER 14TH, 2023

November 14, 2023


GM - NOVEMBER 13TH, 2023

November 13, 2023


GM - NOVEMBER 12TH, 2023

November 12, 2023
Terms of ServiceDocs for Users
Docs for Devs
new
FOLLOW

STAY UPDATED
SIGN UP