BendDAO Overview
- What is BendDAO?
BendDAO is an NFT lending service offering instant NFT-backed loans with up to 40% collateral and a 24-hour liquidation protection period. It allows users to borrow ETH by using their NFTs as collateral, offering a novel way for NFT holders to unlock liquidity without selling their assets.
- Main Features
- Take out loans by collateralizing their NFTsList NFTs as collateralInstant liquidity against NFT collateralPassive income through yield and rewardsCommunity Governance
- Blockchains
- Ethereum
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