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Nov 29

Integration of NFTs into DeFi

NFT rich and USDC poor? Fortunately for you, lending markets have popped up - you can deposit your NFT and borrow against it. Alternatively, if you want instant liquidity and no one has a buy offer, deposit the NFT into an NFT ETF and sell the ETF share. NFTs or nonfungible tokens represent unique assets that are not interchangeable with their peers. Generally, NFTs are predominantly collectible eye candy such as Punks or BAYCs, but today include financial positions such as off-chain assets o...

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