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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