Tag: nft loan
Posted in News
Someone just took a $14,500 loan on two Rolex watches at 12% APR, all on-chain, from an NFT-backed lending platform
Arcade, a de-fi lending platform for NFT, announced that someone took a loan on its platform, using two Rolex watches as collateral. The announcement said…
Posted in News
NFT loans rebound as 18,000 ETH was borrowed in January 2023
The volume of NFT-backed loans has spiked once again, as borrowers take advantage of their collectibles for quick liquidity. NFT-backed loans are back with a…
