
BendDAO
BendDAO is a peer-to-pool NFT lending service allowing users to borrow ETH against their NFTs as collateral.

What is BendDAO?
BendDAO is an NFT lending service that allows users to take instant NFT-backed loans against their collateral. The protocol supports Collateral Listing and NFT Down Payment features. Borrowers have a 24-hour liquidation protection period to repay the loan. The protocol employs variable interest rates to balance lender and borrower incentives.
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App store listings are independently reviewed and written by Alchemy using a combination of inbound submissions, editorial research, public project sources, and third-party directories, including ecosystem data from The Grid under the Open Database License, DefiLlama, DappRadar, Reown, and chain ecosystem pages.

