Tags : 1.3M


Somebody Borrowed $1.3M in Ethereum Utilizing Mutant Ape NFTs as

DeFi lending was already large enterprise, however a shortly rising area of interest is borrowing towards precious NFTs and utilizing them as collateral for loans. Fragment, the holder of a pair of Mutant Ape Yacht Membership NFTs, borrowed 1,000 ETH—round $1.3 million—utilizing the star-studded JPEGs as collateral right now. “It’s superior to see these loans […]Read More