BendDAO Launches BRC-20 Token BDIN, Set to Launch BRC-20 Cross-Chain and Lending

NFT lending platform BendDAO has released its BDIN token allocation plan, with 60% allocated to BendDAO users, 5% to Turtsats Launchpad, 5% to Bakery, 30% to the BRC20 ecosystem, and another 10% to be traded simultaneously on IDO.

BDIN is a newly issued BRC-20 token by BendDAO. BendDAO plans to launch BRC-20 based cross-chain and lending services.

Bend is a decentralized NFT lending protocol where users can participate as depositors or borrowers. Depositors provide ETH liquidity to the lending pool to earn passive income, while borrowers can instantly borrow ETH using NFTs as collateral through the lending pool.