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Taker Protocol opens NFT Empowerment Program
Taker provides a marketplace and tools for members to lease NFTs without collateral and lend NFTs without risk. This ultimately enables members to build liquidity pools and access instant liquidity against their NFTs. Users or projects who are interested can fill out this form:
https://docs.google.com/forms/d/e/1FAIpQLSd1TfTs9P0HW9LDX0SpwecuEkZ4DQhpLfkXNM7UmAKuKEoMwA/viewform
BendDAO enable KODA for borrowing
BendDAO added Koda ( Otherdeed ) as new collateral for borrowing.
Furion is preparing to release their V2 testnet
Furion is an all-in-one NFT liquidity platform that creates separate & aggregated liquidity pools. In testnet V2 users can use leverage NFT lending/borrowing as well as short NFT.
https://medium.com/@project.furion/furion-money-market-8f235d9bed74
ParaSpace release post mortem for the protocol attack
On 17th March, a hacker tried to attack ParaSpace, but the BlockSec team prevented this and saved 2900 ETH. After this attack, ParaSpace will undergo a phased reopening over the next week, prioritizing repayment, supply, liquidation, and then borrowing and withdrawal. The first phase with repay functionality is now live.
First Ordinals Bitcoin collections loan on Arcade
A user that used Emblem vault to bring an Ordinal Punks to Ethereum network and used Arcade to borrow against ETH. This is the first Emblem vault collateral on Arcade.
Spice Finance launch Prologue Leverage
Prologue NFT holders can get access to Prologue Leverage - users can take a loan with their Prologue NFT and increase leverage all in one transaction. To do this, Spice Finance introduces Prologue Leverage Vault where yield farmers can deposit funds and satisfy leverage requests from Prologue Holders while earning yield.
Introducing Sodium - Hybrid liquidity NFT lending protocol
Sodium is a new hybrid liquidity lending protocol that uses NFT collaterals. It offers instant liquidity and fair valuation for efficient loan fulfillment and high LTV ratio. Sodium solves issues hindering current NFT liquidity platforms, allowing NFT creators to kickstart lending markets and owners to retain their asset's utility via an isolated Sodium Wallet.
Reservoir now support Polygon
Reservoir is an NFT marketplace engine, which is essentially a framework that simplifies the NFT market into a comprehensive suite of tools. This grants you the flexibility to harness marketplace functionality and construct cutting-edge NFT applications with ease.
Taker Protocol opens NFT Empowerment Program
Taker provides a marketplace and tools for members to lease NFTs without collateral and lend NFTs without risk. This ultimately enables members to build liquidity pools and access instant liquidity against their NFTs. Users or projects who are interested can fill out this form:
https://docs.google.com/forms/d/e/1FAIpQLSd1TfTs9P0HW9LDX0SpwecuEkZ4DQhpLfkXNM7UmAKuKEoMwA/viewform
BendDAO enable KODA for borrowing
BendDAO added Koda ( Otherdeed ) as new collateral for borrowing.
Furion is preparing to release their V2 testnet
Furion is an all-in-one NFT liquidity platform that creates separate & aggregated liquidity pools. In testnet V2 users can use leverage NFT lending/borrowing as well as short NFT.
https://medium.com/@project.furion/furion-money-market-8f235d9bed74
ParaSpace release post mortem for the protocol attack
On 17th March, a hacker tried to attack ParaSpace, but the BlockSec team prevented this and saved 2900 ETH. After this attack, ParaSpace will undergo a phased reopening over the next week, prioritizing repayment, supply, liquidation, and then borrowing and withdrawal. The first phase with repay functionality is now live.
First Ordinals Bitcoin collections loan on Arcade
A user that used Emblem vault to bring an Ordinal Punks to Ethereum network and used Arcade to borrow against ETH. This is the first Emblem vault collateral on Arcade.
Spice Finance launch Prologue Leverage
Prologue NFT holders can get access to Prologue Leverage - users can take a loan with their Prologue NFT and increase leverage all in one transaction. To do this, Spice Finance introduces Prologue Leverage Vault where yield farmers can deposit funds and satisfy leverage requests from Prologue Holders while earning yield.
Introducing Sodium - Hybrid liquidity NFT lending protocol
Sodium is a new hybrid liquidity lending protocol that uses NFT collaterals. It offers instant liquidity and fair valuation for efficient loan fulfillment and high LTV ratio. Sodium solves issues hindering current NFT liquidity platforms, allowing NFT creators to kickstart lending markets and owners to retain their asset's utility via an isolated Sodium Wallet.
Reservoir now support Polygon
Reservoir is an NFT marketplace engine, which is essentially a framework that simplifies the NFT market into a comprehensive suite of tools. This grants you the flexibility to harness marketplace functionality and construct cutting-edge NFT applications with ease.
Governance Voting is live on Pine Protocol
Pine protocol is a two-sided decentralized, non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers. Pine went live in February and has achieved a TVL of 250k now. Pine holders can now submit and vote on proposals.
Introducing Protectorate - a protocol that provides deep liquidity for NFTs and NFTfi projects
Protectorate Protocol is a Yield Aggregation and Liquidity Routing Platform that aims to deliver the highest possible yield by investing deposited assets into various strategies across NFTFi Protocols.Protectorate will be built on top of marketplaces, money markets, NFT AMMs, and other NFTFi Protocols. It will enable collectors to turn their NFTs into productive assets. The protocol will abstract away the complexity of DeFi and make the experience far more seamless. Deposited assets will be automatically invested in various strategies to generate the highest possible yield for users.
Governance Voting is live on Pine Protocol
Pine protocol is a two-sided decentralized, non-custodial protocol that facilitates NFT asset-backed loan transactions between lenders and borrowers. Pine went live in February and has achieved a TVL of 250k now. Pine holders can now submit and vote on proposals.
Introducing Protectorate - a protocol that provides deep liquidity for NFTs and NFTfi projects
Protectorate Protocol is a Yield Aggregation and Liquidity Routing Platform that aims to deliver the highest possible yield by investing deposited assets into various strategies across NFTFi Protocols.Protectorate will be built on top of marketplaces, money markets, NFT AMMs, and other NFTFi Protocols. It will enable collectors to turn their NFTs into productive assets. The protocol will abstract away the complexity of DeFi and make the experience far more seamless. Deposited assets will be automatically invested in various strategies to generate the highest possible yield for users.
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