💰Collecting Rent
Owners (or approved addresses/operators) of LandWorks NFTs are eligible to collect accrued rent. The rent is available for collecting immediately after the property is rented. Since both lenders and renters cannot revert the renting of land, it is safe for the protocol to allow for lenders to claim their rents even though the rent period is not over.
That would mean that the capital coming from rent will be available to lenders even before the renter has even become a ruler of the land. If there is a big queue for popular land, lenders may end up getting paid several months before the actual renter becomes the ruler. This mechanism will incentivise more landowners to provide their land to the protocol.
Lenders are able to collect rent from multiple lands in one transaction.
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