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Blur Announces ’Blend’, a Lending Protocol for NFTs
Following the NFT-backed loan market exceeding $1 billion in total loan value, the leading Ethereum NFT marketplace, Blur, launches Blend. This new lending protocol enables NFT collectors to use their digital assets as loan collateral. Moreover, liquidity providers can earn interest by lending ETH with NFTs as backing. Quick Takes: Aspects Behind Blur’s Lending Protocol
Leah Waters