Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: Tnoy30 on July 14, 2021, 06:20:07 AM
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This DeFi platform is planning to accept NFTs as collateral — allowing borrowers to unlock liquidity from their crypto collectibles.
A DeFi platform has launched a lending and borrowing network that allows nonfungible tokens to be used as collateral.
ETNA Network says it is developing a suite of products that are designed to work in an interconnected manner — creating a tangible use case for NFTs in the process.
The project’s DeBank also enables those who hold ETNA, the platform’s native cryptocurrency, to access loans on an interest-free basis.
Source: This DeFi platform allows NFTs to be used as collateral for loans
(https://cointelegraph.com/news/this-defi-platform-allows-nfts-to-be-used-as-collateral-for-loans)
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From DeFi and now allowing NFT. I think ETNA is the first project adopted this way collaborate DeFi and NFT which both are now hot in cryptocurrencies space. For me, Soon possible to see ETNA in higher value.
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I like the idea of this project and I have collected some NFT from the ETNA platform, then I tried access to their Debank platform, so far everything is going well and I think I will buy some more NFT before the game platform launches.
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I like the idea of this project and I have collected some NFT from the ETNA platform, then I tried access to their Debank platform, so far everything is going well and I think I will buy some more NFT before the game platform launches.
Really,? ETNA will have their own game? If that's true. ETNA has a brighter future in the coming days and would last until more years from now. I will check it if what is more in ETNA.
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This is good as Defi Exchange is the best place to seek out recent comes as they emerge. Compare completely different disposal platforms to pick the most effective rates, get a 2nd crypto loan, or acquire tokens with inbuilt investment ways.