An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
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An ongoing debt crisis at lending platform BendDAO is also increasing the risks of the NFT bubble going bust.
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Many nonfungible tokens (NFTs) that were used as collateral in the platform have defaulted without any bids.
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GameStop NFT has generated roughly $166,800 worth of sales volume over the past 24 hours, with the platform charging only a 2.25% fee on NFT sales, the figure equates to just $3,753 worth of revenue.
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