CryptoNews: Blur and Paradigm Collaborate to Launch Blender: NFT Perpetual Lending Protocol Blur, in collaboration with Paradigm, has introduced an NFT perpetual lending protocol called Blender
Blur and Paradigm Collaborate to Launch Blender: NFT Perpetual Lending Protocol
The platform aims to reshape the non-fungible token market by providing long-term financing solutions, enabling users to leverage their NFTs as collateral and ultimately enhancing liquidity within the NFT ecosystem. Blender, designed by Paradigm, offers a unique approach to collateralized lending by creating a secure and sustainable platform for NFT holders to borrow against their digital assets. As a decentralized finance solution, Blender bridges the gap between traditional finance and the ever-expanding digital art and collectibles market.
Blender's perpetual lending protocol offers a variety of features that cater to the needs of NFT holders. By providing a pool-based lending mechanism, borrowers can access funds at a fixed interest rate, while lenders can earn yield on their capital. The platform also incorporates a native governance token, $BLEND, which allows the community to participate in protocol governance and make decisions about future developments.
Philippines Latest News, Philippines Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Blur, Paradigm devs unveil p2p lending protocol for NFTsBlur is throwing its hat into the NFT lending ring with a new protocol developed in partnership with developers at Paradigm.
Read more »
NFT Marketplace Blur Launches Blend, a Peer-to-Peer Lending PlatformNFT marketplace blur_io is rolling out Blend, a peer-to-peer NFT lending platform allowing traders to optimize liquidity within the market. camgthompson reports:
Read more »
Blur introduces NFT perpetual lending protocol'Blend has neither oracle dependencies nor expiries, allowing borrowing positions to open indefinitely until terminated,' developers wrote.
Read more »
Binance Launches The Sandbox NFT Staking Program | CoinMarketCapCryptoNews: Binance Launches The Sandbox NFT Staking Program Binance NFT Marketplace has announced the launch of TheSandbox NFT Staking Program, allowing users to stake their $SAND tokens and earn exclusive NFT rewards
Read more »
What Are Utility NFTs? | CoinMarketCapCryptoBasics: What Are Utility NFTs? A UtilityNFT is an NFT that, unlike regular NFTs, offers the holder direct and intrinsic value by granting access to specific privileges
Read more »
How to Create an NFT | Binance AcademyHave an idea for the next big NFT collection or just looking for a way to reacher a larger audience with your art? Get all the information you need to start creating NFTs from the blog below.
Read more »