jpegd
![jpegd](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675664%2Fdapp-store%2Fdapp-logos%2Fjpegd.jpg&w=640&q=75)
NFT Lending Dapps
jpegd
The JPEG'd protocol allows users to collateralize NFTs for synthetic stablecoin.
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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.
![Infinity Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675657%2Fdapp-store%2Fdapp-logos%2FInfinity.png&w=96&q=75)
NFT Marketplaces
Infinity is an NFT marketplace for one of the most popular crypto video games.
![Hodl My Moon Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675927%2Fdapp-store%2Fdapp-logos%2FHodl%2520My%2520Moon.jpg&w=96&q=75)
NFT Marketplaces
Hodl My Moon is a Polygon NFT Marketplace and Social Network.
![NFTrade Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675714%2Fdapp-store%2Fdapp-logos%2FNFTrade.jpg&w=96&q=75)
NFT Marketplaces
An NFT aggregator, trading, staking, and farming platform with cross-chain transaction capability.
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Resources and Guides about NFT Lending Dapps
jpegd Alternatives
Explore web3 competitors and apps like jpegd.
![Furion Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675594%2Fdapp-store%2Fdapp-logos%2FFurion.jpg&w=96&q=75)
NFT Lending Dapps
Furion is an NFT liquidity platform that allows users to swap and collateralize NFTs fractionally.
![Taker Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675822%2Fdapp-store%2Fdapp-logos%2FTaker.png&w=96&q=75)
NFT Lending Dapps
Taker is a liquidity protocol that allows users to liquidate and rent crypto assets.
![NAMA Finance Logo](/_next/image?url=https%3A%2F%2Fres.cloudinary.com%2Falchemy-website%2Fimage%2Fupload%2Fv1694675705%2Fdapp-store%2Fdapp-logos%2FNAMA%2520Finance.png&w=96&q=75)
NFT Lending Dapps
A decentralised cross-chain NFT lending protocol.
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