# NFTfi weekly

**Published by:** [testinpro](https://paragraph.com/@tiprd/)
**Published on:** 2023-03-21
**URL:** https://paragraph.com/@tiprd/nftfi-weekly

## Content

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/viewformBendDAO enable KODA for borrowing BendDAO added Koda ( Otherdeed ) as new collateral for borrowing. BendDAO.eth @BendDAO KODA-backed loan goes live on #BendDAO! Borrow instant $ETH against your #Otherdeeds with KODA! #KODA Collateral Ratio/ LTV: 30% Liquidation Threshold: 80% BendDAO.xyz FAQs: docs.benddao.xyz/portal/faq/oth… 34 7:02 PM • Mar 15, 2023 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-8f235d9bed74ParaSpace 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. ParaSpace @ParaSpace_NFT We alongside @BlockSecTeam have identified the cause of the exploit that occurred earlier on the ParaSpace protocol, and we are relieved to share that all user funds and assets on ParaSpace are safe and secure. No NFTs were compromised and financial losses to the protocol are… BlockSec @BlockSecTeam 1/ There is a flawed logic in borrow() of the ParaProxy contract (0x638a) of @ParaSpace_NFT . The attacker can borrow more tokens as his scaledBalance will be enlarged by depositing into the position of the proxy (0xC5c9), i.e., specifying the _recipient of depositApeCoin(). 259 5:42 PM • Mar 17, 2023 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. Emblem Vault @EmblemVault An Emblem user vaulted their Ordinal Punk and borrowed against it using @Arcade_xyz for 32 ETH Our tooling allows users the ability to access the world's most liquid DeFi and NFT markets through our vaulting services Get more out of your non-ETH native assets today 61 9:23 AM • Mar 20, 2023 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. Spice Finance @spice_finance At the order of Baron Harkonnen, the lever has been pulled. PROLOGUE LEVERAGE IS LIVE vaults.spicefi.xyz/v1/leverage 44 1:13 AM • Mar 21, 2023 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. Reservoir @reservoir0x Building on @0xPolygon just got easier We're excited to announce full Polygon support, now live on Reservoir. Let's dive in 130 3:01 AM • Mar 21, 2023 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. Pine Protocol @PineProtocol Governance voting is now live! To kickstart the process, the Pine team has uploaded two proposals. We encourage all stakers & burners of $PINE to participate and share their voice! Vote here snapshot.org/#/pineprotocol… Full guide: medium.com Governance is now Live! As builders in the web3 space, we believe that control over the direction of the platform should be decided in a completely autonomous… 50 9:07 PM • Mar 15, 2023 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. Protectorate Protocol @Protectoratexyz - .-. .- -. ... -- .. ... ... .. --- -. / .-. . -.-. . .. ...- . -.. The Protectorate exists. Protectorate.xyz 43 12:34 AM • Mar 18, 2023

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