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NFT Lending Protocol Drops DAO Launched Its Mainnet and Deployed Yuga Labs Lending Pool

NFT lending protocol Drops DAO has announced its mainnet launch. Users can use their NFTs as collateral in order to acquire loans, with LTV up to 60%. The Yuga Labs lending pool has been deployed and made available, with yield farming incentives introduced. Users who supply BAYC, MAYC or PUNKS will get 333 $DOP per day as rewards.
Source

NFT

DeFi

Lending

BAYC

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