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ProtocolsBendDAO Lending

INCLUDE IN STATS:
Information
TVL

BendDAO Lending (BEND)

Total Value Locked
$21.86m
Chain Breakdown
Ethereum$21.86m
Include in TVL (optional)
$7.28m
$1.1m
$298,983
Staked
$1.1m
$7.28m

Protocol Information

BendDAO is a decentralized peer-to-pool based NFT liquidity protocol.

Category:NFT Lending

Audits
:

Development Activity

(updated at 21/07/24)

Weekly commits:
Monthly commits:
Weekly developers:
Monthly developers:

Last commit: a few seconds ago (2024-07-21)

Token Information

Address:0x0d0275...F56218

Methodology

TVL: Counts the tokens locked in the contracts to be used as collateral to borrow or to earn yield. Borrowed coins are not counted towards the TVL, so only the coins actually locked in the contracts are counted. There's multiple reasons behind this but one of the main ones is to avoid inflating the TVL through cycled lending.