Stablecoin Protocol Abracadabra to Launch Peer-to-Peer NFT Lending Marketplace AbraNFT

Stablecoin protocol Abracadabra announced the launch of AbraNFT, a peer-to-peer NFT lending marketplace that allows users to open time-based MIM borrowing positions using NFT as collateral. To start, only bluechip collections like BAYC, Azukis and Cryptopunks will be available on AbraNFT. In addition, part of the fees collected by AbraNFT will be redirected to sSPELL and mSPELL fee distribution mechanics.
Source

Stablecoins

NFT

Lending

DeFi

Marketplace

In This Article

Related News
Wall Street back-office giant DTCC mulls stablecoin integration: report Wall Street back-office giant DTCC mulls stablecoin integration: report
Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act Crypto industry cheers progress in 'historic' stablecoin legislation as Senate advances GENIUS Act
Circle secures in-principle approval to operate as money services provider in Abu Dhabi Circle secures in-principle approval to operate as money services provider in Abu Dhabi
Mastercard moves to integrate stablecoins into global payments network Mastercard moves to integrate stablecoins into global payments network
Term Finance recovers $1 million of $1.6 million loss to oracle configuration error Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
Latest News More More
2 Days Ago Chinese creditors push back against FTX's motion to forfeit payouts in restricted jurisdictions
5 Days Ago TON Foundation offers path to 10-year UAE 'Golden Visa' for $100k in staked TON, $35k fee; UAE denies eligibility
July 4 Tether plans further Bitcoin mining expansion in South America with Adecoagro tie up
July 3 North Korean hackers use fake Zoom updates to deliver ‘NimDoor’ macOS malware targeting crypto firms
July 3 JPMorgan's blockchain unit tests new carbon credit tokenization application with S&P Global
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open