# Buy a Liquidated NFT

Access the "[Auction](https://userdoc.kairos.loan/faq/loan-to-value-and-interest)" tab.

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All NFTs being liquidated are displayed. The liquidation in the first version uses a dutch auction mechanism. The starting price is 3 times the LTV of the bond and decreases over 3 days to 0.

You can buy the NFT at any time as long as someone else has not bought or claimed it.