A good thread on NFT lending platforms.
20 Feb 2023, 07:28
A good thread on NFT lending platforms 👇
We appreciate the shoutout on our Impossible NFT Lending Aggregated Dashboard by Impossible's team member @ahkek4 ❤️
Link to the @DuneAnalytics Dash:
1/ NFT finance is about to reach a new milestone... approaching 50k loans made against NFTs!
- Platform competition heating up
- User base is still concentrated
- Tail collections are underutilised
Exploring how the top borrowers are using lending protocols today 👇🏼