Why airdrops are not possible during loans
When your NFT is lent, it is held in a JPG Store smart contract and no longer held by your wallet.
Since the NFT isn’t held by your wallet, it typically will not be included in holder snapshots for airdrops taken within the Cardano ecosystem.
What you can do instead
Once the loan is repaid and the NFT returns to you, ownership returns to your wallet. It may be beneficial to repay your loan early to have your asset returned to you.
At that point, any snapshots taken for airdrops should include your wallet as one of the asset holders.
In cases where you cannot guarantee return of your asset in time for an airdrop it is best to contact the airdrop organizer to discuss potential solutions.
What’s Next?
Understanding how loans affect NFT ownership is just one aspect of JPG Store’s lending features. To learn more about managing your NFTs and optimizing lending:
