NFT lending protocol JPEG'd announced that the lending for the Bored Ape Yacht Club & Mutant Ape Yacht Club NFT collections is live. Users can deposit their NFTs into the lending vault and mint $PUSd, the native stablecoin of the JPEG’d platform. $PUSd can be deposited into the PUSd/3Crv Curve pool to earn liquidity provider rewards. AYC and MAYC can borrow up to 32% of the floor price.
Source NFT
Lending
BAYC
DeFi
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