Wine loans are a core part of the $WIVX solution. $WIVX will be the first decentralized protocol to provide collateralized loans for real-world NFTs. Please see the image below to understand the flow:
Anyone who owns a WiV Wine NFT can deposit the NFT into $WIVX, earn a yield on that wine asset and take out a loan against that asset in the form of $WIVX tokens. $WIVX tokens are fungible tokens, that are fully interoperable with most DeFi protocols. $WIVX tokens can be staked to earn $WIVA, used as collateral for other cryptocurrencies, or even swapped for fiat to pay for real-world expenses.