BendDAO
FreeNFT Lending Dapps
BendDAO provides NFT-backed lending allowing users to borrow ETH by putting NFTs up as collateral.
EthereumAbout BendDAO
BendDAO is an NFT lending service that enables instant NFT-backed loans and supports Collateral Listing and NFT Down Payment.
Historically, BendDAO allowed loans of up to 40% of the collateral value.
A liquidation crisis triggered a vote to lower the liquidation threshold and make liquidations easier, encouraging lenders to stay in the ecosystem with higher interest rates.
