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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)$96,262.00-2.26%
  • ethereumEthereum(ETH)$3,311.83-4.57%
  • tetherTether(USDT)$1.00-0.04%
  • solanaSolana(SOL)$245.92-5.48%
  • binancecoinBNB(BNB)$647.00-3.72%
  • rippleXRP(XRP)$1.34-14.23%
  • dogecoinDogecoin(DOGE)$0.411327-9.39%
  • usd-coinUSDC(USDC)$1.000.11%
  • cardanoCardano(ADA)$0.97-13.23%
  • staked-etherLido Staked Ether(STETH)$3,311.00-4.33%
© 2024 DIGIT INFO • Built with GeneratePress
  • bitcoinBitcoin(BTC)$96,262.00-2.26%
  • ethereumEthereum(ETH)$3,311.83-4.57%
  • tetherTether(USDT)$1.00-0.04%
  • solanaSolana(SOL)$245.92-5.48%
  • binancecoinBNB(BNB)$647.00-3.72%
  • rippleXRP(XRP)$1.34-14.23%
  • dogecoinDogecoin(DOGE)$0.411327-9.39%
  • usd-coinUSDC(USDC)$1.000.11%
  • cardanoCardano(ADA)$0.97-13.23%
  • staked-etherLido Staked Ether(STETH)$3,311.00-4.33%