What is jpegd?
The JPEG'd protocol has a primitive, non-fungible debt position (NFDP), which operates similarly to other NFT lending protocols. Select collections are added based on their liquidity and market capitalization. Users deposit their NFT into a smart contract to mint a synthetic stablecoin, $PUSD. The user can use that stablecoin for other opportunities while their NFT remains on the platform. Users are permitted to take out a debt position as large as 32% of the collateral value.
Web3 dapps and developer tools related to jpegd
Discover blockchain applications that are frequently used with jpegd.
Resources and Guides about NFT Lending Dapps
jpegd Alternatives
Explore web3 competitors and apps like jpegd.
FurionNFT Lending Dapps
Furion is an NFT liquidity platform that allows users to swap and collateralize NFTs fractionally.
AltrNFT Marketplaces
Altr is your gateway to the world of luxury collectibles on the blockchain.
PawnSpaceNFT Lending Dapps
PawnSpace is a decentralized NFT-collateral lending platform on Polygon.
