according to informationsourceAccording to user @beetle of the Dune Dashboard, the NFT Blur token market has a volume of 8,820 Ether, or approximately $16.37 million in borrowing via “Blend,” a perpetual NFT lending protocol that was launched just one day ago on Jan. 1. In May, Blur introduced Blend, a new protocol for using NFTs as collateral for loans. It was developed in conjunction with Paradigm.
The Azuki Collection, Wrapped CryptoPunks, and Milady NFT represent the largest collateral with more than 8,000 Ether. The top Blur lender to issue 58 loans worth 1,180 ETH is Taiwanese celebrity Jeff Huang, aka. Also known as Machi Big Brother
Taiwanese music figure Machi Big Brother is also an avid collector of the Bored Ape Yacht Club NFT series, with Machi being one of the largest Blur token holders in February.
The post Blur NFT Loan Launches in One Day, Surpasses $16M Led by Machi Big Brother appeared first on Bitcoin Addict.