Instant Lending and Repayments
Borrow and repay ETH anytime
Instant NFT-collateralized loans bring instant liquidity for blue-chip NFT holders. NFT holders can borrow and repay ETH anytime.
No matching time.
A trustless liquidity solution for NFT holders. Deposit your NFT as collateral for you to be able to borrow Ethereum. Deposited NFTs will be put into an NFT pool and converted into boundNFTs.
Bored Ape YC, CryptoPunks, Mutant Ape YC, Moonbirds, Azuki, Clone X, Doodles, and Otherdeeds with KODA are supported as collateral now.
MAYC, Azuki, CloneX and Doodles are selected by BEND stakers. Details of the Community Voting: https://snapshot.org/#/benddao.eth/proposal/QmVgsdtx6PAqKLyAMSnvXAoLrEJc1s6VVKLtWtEdqb4zPC
NFT floor prices are calculated using a complicated algorithm. The original price data comes from a well-known NFT marketplace which is OpenSea.
- The Bend team currently maintains the NFT price oracle.
- In the future, Bend governance mechanisms will manage the selection of sources.
Collateral Ration is the ratio of maximum borrowable ETH amount to the NFT floor price.
Bored Ape YC
Mutant Ape YC