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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)$69,476.000.52%
  • ethereumEthereum(ETH)$2,489.04-0.78%
  • tetherTether(USDT)$1.000.00%
  • binancecoinBNB(BNB)$568.73-0.45%
  • solanaSolana(SOL)$164.19-1.20%
  • usd-coinUSDC(USDC)$1.00-0.07%
  • rippleXRP(XRP)$0.51-1.06%
  • staked-etherLido Staked Ether(STETH)$2,487.69-0.83%
  • dogecoinDogecoin(DOGE)$0.159045-1.24%
  • tronTRON(TRX)$0.166155-0.60%