What are Account NFTs?

Learn about Account NFTs

What are Account NFTs?

Account NFTs represent your Suilend deposits and borrows using a dynamic NFT on Sui.

A dynamic NFT on Sui is a type of NFT that can change and evolve over time, enhancing its functionality and versatility.

This account NFT will appear in your wallet when you first deposit funds in Suilend and constantly refreshes to show your up-to-date balances.

🚨 Securing Account NFTs

It's VERY important that you secure the Account NFT, as it contains your Suilend account positions. If you transfer the Account NFT out to another address, you will transfer ownership of your Suilend account, and any assets, to that new address. Similarly, if you burn this NFT, you will lose access to this account.

Suilend is unable to help you recover any assets if your Account NFT has been transferred from your account.

On the other hand, Account NFTs make it convenient to transfer your Suilend account to a new wallet (eg. a cold wallet) without having to unwind your positions.