BendDAO
BenDAO is a peer-to-pool lending service allowing users to put NFTs up in exchange for ETH.
What is BendDAO?
BendDAO is an NFT lending service that originally allowed users to take loans of up to 40% of their collateral. A recent liquidation crisis has led to a vote to lower the liquidation threshold and make it easier for exchanges to go through. This also enticed lenders to stay put with a higher interest rate. The protocol supports instant NFT-backed loans, Collateral Listing, and NFT Down Payment. Borrowers also have a 24-hour liquidation protection period to repay the loan.
Web3 dapps and developer tools related to BendDAO
Discover blockchain applications that are frequently used with BendDAO.
Renfter
SuperRare
Tiexo
Developer resources from Alchemy
How to build an AI trading bot: a complete developer
A step-by-step technical guide to building a sentiment-enhanced crypto trading bot with on-chain data, machine learning, and risk management using Alchemy's blockchain APIs.
What is the OpenSea API?
Learn about OpenSea's API, how it works, and popular alternatives like Alchemy's NFT API.
Dapper Labs, creator of CryptoKitties, relies on Alchemy for infrastructure
Since switching off their in house solution and other providers to only using Alchemy, Dapper Labs has entirely resolved all of those previous pain points.
BendDAO alternatives
Explore web3 competitors and apps like BendDAO.
Arcade
Kyoko
Double Protocol
