# Introducing Project Galapago

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](https://docs.galapago.app/how-to/borrow-nft-holder) mechanism. This provides crypto and NFT users maximum flexibility in getting liquidity in their most preferred way. 

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). 
* **Borrower** enjoys the fast instant lending capability from the lending pool to increase funds efficiency against their NFT and crypto assets. 
* [**Renter**](https://docs.galapago.app/broken-reference) 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&#x26;token=5ecfbcc3-75fe-4964-a581-f3e49fbc0dad" alt=""><figcaption><p>Protocol Overview</p></figcaption></figure>