The BendDAO community voted to approve the proposal to use Moonbirds as collateral

Chain Catcher news, the NFT lending platform BendDAO community has voted to approve the proposal to use Moonbirds as collateral, with a support rate of 99.97%. Moonbirds can now be used as collateral to obtain instant liquidity on BendDAO.xyz and can be sold through collateral listings. The proposal indicates that the suggested collateralization ratio is 30%, with a liquidation threshold of 80%.

It is reported that BendDAO aims to provide better liquidity for the NFT community, with a total lending amount exceeding 67,000 ETH. The supported blue-chip NFT projects include Bored Ape BAYC, CryptoPunks, Mutant Ape MAYC, Moonbirds, Doodles, Space Doodles, and CloneX. (Source link)