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BendDAO

BendDAO

Lending & Yield·United States·benddao.xyz

About BendDAO

BendDAO is a decentralized lending protocol on Ethereum that enables NFT holders to borrow ETH using blue-chip NFTs as collateral while retaining ownership. The protocol operates on a peer-to-protocol model where users deposit NFTs into liquidity pools and receive loans against them. Interest rates are determined algorithmically based on pool utilization levels. The protocol includes an automated liquidation mechanism that triggers based on floor price movements of the underlying NFT collections. Governance is managed through a decentralized autonomous organization structure using a native governance token. The system is designed to provide liquidity for NFT holders without requiring asset sales.
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PULSE
last updated 20 Jul 2026

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