How to flash trade NFT (Buy)

In Pawnfi, user can exchange P-Token for NFT instantly. The exchange rate is always set as 1,000 P-Token/ per NFT.

Please see this doc for more information on P-Token.

1. Buy -> Flash Trade

2. There are two options for purchase in Flash Trade

2-1. Random Mode: Get a random NFT from the pool

1. Select collection

2. Switch to "Random" mode

3. Enter the amount of NFTs you want to get

4. Confirm the P-Token amount you will need to pay

There will be 0.5% service fee, which is 5 P-Token for each NFT.

5. Approve -> Submit transaction

For the first flash trade among each collection, you will need to approve first. After approval, you can initiate on-chain transaction. Once confirmed, Flash Trade is completed.

2-2. Specific Mode: Get a specific NFT from the pool

1. Switch to "Specific" mode

2. Select desired NFT

3. Confirm the P-Token amount you will need to pay

Other than 0.5% service fee, there will be additional 1% designation fee under "Specific" mode, which is 15 P-Token for each specific NFT.

4. Approve -> Submit transaction

For the first flash trade among each collection, you will need to approve first. After approval, you can initiate on-chain transaction. Once confirmed, Flash Trade is completed.