# Project Introduction

1\. Although the funds and users of NFT track are increasing, the liquidity of NFT is poor. NFT lending and financial products emerged in response to reasonably releasing the liquidity of the stock NFT.

2\. PEDAO is an NFT mortgage & loan agreement adopting the mode of Peer-to-Pool, which is available for the users to obtain the loans by mortgaging their NFT via smart contracts, and release the liquidity of NFT.

3\. By taking the loan as its core, PEDAO also launched the personalized products such as collateral sales, PENFT, precise evaluation and community DAO, to guarantee the maximum value of NFT held by different users.