# Project overview

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**DAOLama.co** opens up new opportunities for **NFT** owners in the **TON** ecosystem, offering a unique way to monetise your digital assets. Unlike other **NFT** protocols, DAOLama allows you to instantly receive **TON** by pledging your **NFT** - turning static collectible assets into liquid assets.

## Main mechanics and key features&#x20;

* **TON loans secured by NFT**: Get access to TON quickly and easily by pledging your NFT as collateral. This solution opens new horizons for liquidity and does not require asset sales.
* **Marketplace with an innovative buying model**: Want to buy an NFT but not ready to pay full price? DAOLama allows you to buy an NFT by paying only 50 per cent of the market value and covering the remainder with a loan. This lowers the barriers to purchase, making it affordable and flexible.
* **NFT leasing**: DAOLama offers a unique NFT leasing service where the leased assets are stored in your wallet. The transaction is protected by a smart contract, ensuring security for both the holder and the renter.
* **Closed auctions for DAOLama NFT holders**: Looking for rare assets at a bargain price? Participate in exclusive auctions for DAOLama NFT holders with the Auctions attribute and buy expired assets at a discounted price.
* **$LLAMA Token**: Become a part of DAOLama and unlock access to privileges using the $LLAMA token, the centrepiece of the ecosystem that grants unique bonuses and benefits.


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