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May 2, 2023
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Blur Now Lets Users ‘Mortgage’ Their NFT Purchases Through Blend Lending

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Nonfungible token (NFT) marketplace Blur has unveiled a peer-to-peer perpetual lending protocol for NFTs. On May src, popular NFT marketplace Blur unveiled its lasted innovative service for the digital collectibles sector. ‘Blend’ or Blur Lending is a system designed to unlock liquidity for NFTs, it stated. According to the announcement, “Blend matches users who want

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Nonfungible token (NFT) marketplace Blur has unveiled a peer-to-peer perpetual lending protocol for NFTs.

On May src, popular NFT marketplace Blur unveiled its lasted innovative service for the digital collectibles sector. ‘Blend’ or Blur Lending is a system designed to unlock liquidity for NFTs, it stated.

According to the announcement, “Blend matches users who want to borrow against their non-fungible collateral with whatever lender is willing to offer the most competitive rate, using a sophisticated off-chain offer protocol.”

Blur also claims that NFT-native primitives such as this will jump-start the next stage of market growth.

According to the announcement, the Bl

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