Comment on page
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.
Bored Ape YC, CryptoPunks, Mutant Ape YC, Moonbirds, Azuki, Clone X, Doodles, and Otherdeeds with KODA are supported as collateral now.
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 Ratio is the ratio of maximum borrowable ETH amount to the NFT floor price.