DeFi borrower uses luxury watch-backed NFT as collateral for a loan

by Aurelia Butler 11 July 2023, 11:20 119 Views

On July 11, pseudonymous DeFi project adviser CirrusNFT explained how a user was able to borrow $35,000 from another user by using an NFT that represented a physical item as collateral for the loan.

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Source: Cryptocurrency - investing.com

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DeFi borrower uses luxury watch-backed NFT as collateral for a loan

OECD sees scope for profits to absorb wage hikes

Singapore’s Temasek reports worst returns in 7 years

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