PAWNFI Protocol is the first decentralized financial product to introduce pawn logic, and it is also the first lending and leasing market that can provide price discrimination and liquidity for non-standard asset (NSA). In addition to supporting mainstream assets, Pawnfi can cover all non-standard assets, such as non-homogenized tokens, (NFT), liquidity vouchers, (LP Token), monetized insurance, bonds, notes, derivatives, illiquid small and medium-sized currencies, and so on. Pawnfi innovatively completes the divestiture of ownership, use and income rights of assets in the product, so that asset holders and users can maximize capital efficiency. Compared with other lending agreements in the industry, Pawnfi can provide a wider range of asset support, a more flexible loan portfolio, and more diversified ways to realize assets.