Pawnfi Guide Book
  • Pawnfi Guide Book
  • Documentation
    • Pawnfi Docs
  • Beginner
    • How to create a wallet
    • How to connect to wallet
    • How to add network
    • What is gas fee?
  • Home Page
    • Dashboard
    • App Map
  • Buy NFT
    • How to flash trade NFT (Buy)
    • How to buy an NFT from marketplace
    • How to make an offer
    • How to manage offers
  • Sell NFT
    • How to flash trade NFT (Sell)
    • How to consign an NFT
    • How to list an NFT for sale
    • How to manage listings
  • Loan
    • How to leverage your NFT
    • Lending Market - how to supply
    • Lending Market - how to withdraw
    • Lending Market - how to borrow
    • Lending Market - how to repay
    • FAQs on Lending Market
  • Invitation Program
    • How to invite others
    • How to connect to inviter
  • Liquidity Boosting
    • Basic Rule
    • How to commit liquidity
    • How to claim liquidity and reward
  • Ape Staking
    • How to stake $APE
    • How to withdraw $APE
    • How to stake NFT
    • How to claim staking rewards for NFT
    • How to set Auto Compound
    • How to terminate NFT staking and withdraw NFT
    • FAQs on Ape Staking
  • PAWNFI SAFE
    • How to place $PAWN in SAFE?
    • How to displace $PAWN?
    • How to extend placing time?
    • How to share safety incentives?
  • Liquidity Incentives
    • Basic Rule
    • How to stake liquidity for active incentives
    • How to unstake liquidity
    • How to vote?
    • How to claim liquidity incentives
    • How to boost rewards
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On this page
  • 1. Sell -> Consign
  • 2. Select an NFT
  • 3. Select Duration and set Sale Price
  • 4. Confirm parameters -> Approve -> Submit transaction
  • 5. How to cancel consignment?
  • 6. How to claim sale proceeds?

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  1. Sell NFT

How to consign an NFT

PreviousHow to flash trade NFT (Sell)NextHow to list an NFT for sale

Last updated 2 years ago

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Consigning your NFTs on Pawnfi has the following advantages:

  • Upfront payment: You will get an upfront payment once the order is submitted. This will maximize capital efficiency and you don't need to low ball your listing price.

  • Low service fee: Pawnfi will only charge 1% of the price difference between sale price and upfront payment as service fee.

1. Sell -> Consign

2. Select an NFT

3. Select Duration and set Sale Price

  • Duration: The real timeframe the NFT is no longer placed on marketplace.

  • Grace Period: During grace period, NFT is no longer placed on marketplace. You can still retrieve your NFT once you pay back upfront payment and custody fee. NFT will be liquidated when grace period expires.

  • Sale Price: Currently only P-Token is supported for settlement.

4. Confirm parameters -> Approve -> Submit transaction

Based on your days for sale (consignment duration) and interest rate, withholding custody fee will be deducted from upfront income. A portion of custody fee will be refunded if the item is sold out earlier.

Custody fee = 0.274 P-Token per day (10% APR)

After confirming all the information, click [Approve] button to approve the transaction. After approval, click [Submit] button to initiate transaction.

5. How to cancel consignment?

You can access to [Dashboard] and find [My Records] to review the consignment status.

In the detail page, you will be able to see all information of this order. Click [Approve] to authorize repayment. After approval, click [Repay] to initiate transaction. You can redeem your NFT after repaying your upfront income along with the custody fee during the period.

6. How to claim sale proceeds?

If someone buys your consigned NFT, sales proceeds will be directly sent to your wallet.

Please see for more information on P-Token.

this doc