# NFT Pricing Logic

#### NFT down payment % of purchase price Logic

The below is the algorithm which is used to determine the down payment for an NFT:
$f(x) = 0.515662-0.00844419*x^{1.27076}$
where:
• x is the minimum number of consecutive months the NFT Collection has been solvent by the borrowers who have taken a loan on the NFT
• 0 < x ≤ 11
• f(x) is the down payment % of NFT value
• If x = 0 then f(x) = 0.5