Purpose:

Protectorate Protocol seeks to improve NFT liquidity by allowing users to borrow against their assets. Or simply 'Yearn for NFTfi' as explained by 0xOmina.

Current State:

• NFT deposits not yet live, but you can earn yield on your ETH by depositing into their ETH Capsule.

Roadmap:

• The ETH Capsule takes deposits and earns yield in 3rd party protocols such as BendDAO
• In the future this same concept will allow users to deposit into the NFT Capsule and earn yield as Protectorate borrow against these NFTs and earn yield to be shared with depositors.
• Upcoming expansion to Arbitrum to take advantage of high yield Defi strategies

How can you get involved?

• $PRTC token tradable on Ethereum 0xb9098d3669a78e9afe8b94a97290407400d9da31
• Deposit into ETH Capsule
• Find more in the documentation found here: Protectorate Docs