Banksea Finance built the first NFT AI Oracle protocol and NFT Pool-based lending platform, where lenders put assets into the fund pool for yield while borrowers collateralize NFT and evaluate mortgage rate and interest rate to complete the transaction. Banksea Finance is committed to building the first NFT AI Oracle protocol and NFT Pool-based lending platform, helping to solve many problems that occurred in the NFT lending market, for example, the lack of NFT valuation mechanism, low asset utilization ratio of NFT holders, and the lack of guarantee for the safety of lenders' funds. To deal with this, the team has developed an NFT valuation mechanism based on AI technology, providing an NFT pool-based lending solution for the market. What distinguishes Banksea from the traditional P2P lending model is that Banksea creates this brand new NFT-pool based lending model where lenders can put their assets into the fund pool and obtain the corresponding yield while borrowers collateralize their NFT and then evaluate its mortgage rate and interest rate to complete the transaction. During the whole process, NFT valuation is provided by AI Oracle. Banksea, the first NFT pool-based lending platform, adopts a safe, convenient, and reliable lending model to increase NFT liquidity and improve capital utilization, which will greatly improve the integrated development of Defi + NFT and bring changes to the whole NFT lending market. Banksea fully considers the risks that both borrowers and lenders may bear in NFT transactions we adopt a multi-AI algorithm architecture to build risk control models before, during, and after loans to fully guarantee the security of the platform's funds. At the same time, the NFT AI oracle outputs the NFT price, risk value, and other data in real-time and provides standard API services for the NFT ecosystem. To deal with possible bad debts, we have established an efficient liquidation mechanism. Part of the collateral is sold below the market price in way of pre-payment and pre-liquidation and discount auctions, so that borrower can receive principal and interest that are supposed to return to the fund pool. In this way, the fund pool continues to operate healthily. We have also established a safe fund pool to deal with the occurrence of shortfall events and alleviate the pressure of fund shortage. A portion (40%) of the interest rate fees will be deposited into the Safety Fund Pool. In a shortfall event, Safety Fund Pool will kick in to pay back the bad debt and maintain the liquidity in the protocol. If the Safety Fund Pool fund has been exhausted, Backstop Module will kick in to sell KSE reserves and pay back the loan. The faster the Safety Fund Pool exhausts, the faster the Backstop Module will prepare to activate.