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BendDAO

BendDAOBEND Price

BEND Price

N/A

General Info

Contracts/Explorers:

Ethereum

0x0d0...56218
MetaMask icon

Tags (Sub-Categories):

# Inactive

Description

Bend is a decentralized peer-to-pool based NFT liquidity protocol.

BendDAO (BEND) Chart

The BendDAO to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

BendDAO Price Analysis

Trending BendDAO Fiat Pairs
BendDAO
€
BendDAO to EUR
1 BEND equals to N/A
BendDAO
₽
BendDAO to RUB
1 BEND equals to N/A
BendDAO
₩
BendDAO to KRW
1 BEND equals to N/A
BendDAO
CN¥
BendDAO to CNY
1 BEND equals to N/A
BendDAO
₹
BendDAO to INR
1 BEND equals to N/A
BendDAO
Rp
BendDAO to IDR
1 BEND equals to N/A
BendDAO
£
BendDAO to GBP
1 BEND equals to N/A
BendDAO
¥
BendDAO to JPY
1 BEND equals to N/A
BendDAO
₫
BendDAO to VND
1 BEND equals to N/A
BendDAO
CA$
BendDAO to CAD
1 BEND equals to N/A

What is BendDAO (BEND)?

Bend is a decentralized peer-to-pool based NFT liquidity protocol. Depositors provide ETH liquidity to the lending pool to earn interest, while borrowers are able to borrow ETH through the lending pool using NFTs as collateral instantly. Bend protocol enables NFT assets to be pooled and converted into representing ERC721 boundNFTs to realize NFT loans.

Borrowers (NFT holders) will bundle NFT into one separate token (boundNFT) through Bend Protocol in order to function as a single unit of collateral. Details of the Collateral Ratio.

Details are listed as follows: 

  • Initiate an instant NFT loan contract to borrow ETH from the pool 
  • Maintain NFT collateral ratio by repay ETH anytime 
  • Get back the NFT when pay off the NFT loan.

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