BendDAO
![BendDAO](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675884%2Fdapp-store%2Fdapp-logos%2FBendDAO.png&w=640&q=75)
Free CustomersNFT Lending Dapps
BendDAO
BenDAO is a peer-to-pool lending service allowing users to put NFTs up in exchange for ETH.
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What is BendDAO?
BendDAO is an NFT lending service that originally allowed users to take loans of up to 40% of their collateral. A recent liquidation crisis has led to a vote to lower the liquidation threshold and make it easier for exchanges to go through. This also enticed lenders to stay put with a higher interest rate. The protocol supports instant NFT-backed loans, Collateral Listing, and NFT Down Payment. Borrowers also have a 24-hour liquidation protection period to repay the loan.
Web3 dapps and developer tools related to BendDAO
Discover blockchain applications that are frequently used with BendDAO.
![IQ Protocol Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675662%2Fdapp-store%2Fdapp-logos%2FIQ%2520Protocol.png&w=96&q=75)
NFT Renting Dapps
IQ Protocol is a decentralized money market for digital-asset renting and on-chain subscriptions.
![DraftKings Marketplace Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675408%2Fdapp-store%2Fdapp-logos%2FDraftKings%2520Marketplace.jpg&w=96&q=75)
Sports NFT Dapps
DraftKings is a fantasy sports site where fans can buy their favorite NFTs.
![Gamma.io Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675596%2Fdapp-store%2Fdapp-logos%2FGamma.io.jpg&w=96&q=75)
NFT Marketplaces
Gamma.io is a Bitcoin NFT marketplace and a home for your web3 social identity.
Resources and Guides about NFT Lending Dapps
BendDAO Alternatives
Explore web3 competitors and apps like BendDAO.
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