> For the complete documentation index, see [llms.txt](https://docs.galapago.app/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.galapago.app/introducing-project-galapago.md).

# Introducing Project Galapago

Please review Disclaimer: Risk of Using Protocol and Terms of Service before using Project Galapago and/or interacting with Project Galapago's services.

Project Galapago is a fully decentralised, non-custodian NFT and crypto lending protocol. Project Galapago allows user to borrow and lend against both fungible crypto tokens and NFTs instantly using [peer to contract](/how-to/borrow-nft-holder.md) mechanism. This provides crypto and NFT users maximum flexibility in getting liquidity in their most preferred way.&#x20;

NFT and crypto investors and holders can obtain liquidity by participate in the protocol as depositors, borrowers or renters.

* **Depositor** enjoys high staking yields by providing liquidity to the lending pool (in peer to contract loans) or lend directly to borrowers to earn interests (in peer to peer loans).&#x20;
* **Borrower** enjoys the fast instant lending capability from the lending pool to increase funds efficiency against their NFT and crypto assets.&#x20;
* [**Renter**](broken://pages/Hv8iQCxHvR8CAck8AWQL) enjoys the benefits of the NFT during the leasing period in the scenario when NFT represents a membership or a digital pass.

### Protocol Overview

<figure><img src="https://1428292062-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2FGw9akOzyNtn2rKqk5Zxl%2Fuploads%2F4inGJvgTmPJrIy5s2Mz0%2FGalapago.png?alt=media&amp;token=5ecfbcc3-75fe-4964-a581-f3e49fbc0dad" alt=""><figcaption><p>Protocol Overview</p></figcaption></figure>
