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NFT lending protocol Bend DAO proposes emergency changes amid credit crisis

August 22, 2022 by DIGIT
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“We are sorry that we underestimated how illiquid NFTs could be in a bear market when setting the initial parameters,” says the Bend DAO dev team.

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Categories bad debt, Bend DAO, Cryptocurrencies, NFTs
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  • bitcoinBitcoin(BTC)$68,920.00-1.81%
  • ethereumEthereum(ETH)$2,011.63-2.28%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$1.42-0.19%
  • binancecoinBNB(BNB)$631.220.38%
  • usd-coinUSDC(USDC)$1.000.01%
  • solanaSolana(SOL)$84.36-0.84%
  • tronTRON(TRX)$0.276776-0.63%
  • dogecoinDogecoin(DOGE)$0.093494-1.45%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.031.33%