Until today, you had to provide NFTs as collateral for a loan on Pond.
Now, you can use either NFTs or fungible tokens like @wmtoken’s WMT or @liqwidfinance LQ for collateral on loans!
The tokens below are verified. Who did we miss?
#ada#cardano#p2p#DeFi#Pond
@bigpey Have you checked out DAOFi? The epitome of #DeFi on #Cardano. And we promise, in less than a week, it’s not going to be just us talking about DAOFi.
@CardanoJer@CardanoJer have you ever heard of a website on eth called NFTfi? It’s kinda like what Daofi does (borrowing and lending nfts), but it’s on eth. You can lend on Baycs, doodles, world of women ect. Idk if they have Mayc tho, they definitely should add it eventually