BACKGROUND
Bend DAO is the first peer-to-pool based NFT liquidity protocol. CryptoPunks and Bored Ape YC had been supported as collateral since the official mainnet launch. More than 830 ETH had been lent to BAYC/PUNK holders.
Currently, Bend protocol TVL reaches 3,521ETH ($11m+) including 14 BAYC and 9 PUNK. All of these happen in less than one week. Visit our website for more details: https://www.benddao.xyz/.
Why do we need the votes from the community?
Community owns bend protocol and benefits from bend protocol development. Each vote can bring more liquidity to the bluechip NFTs. Your vote matters. More bluechip NFTs will get ETH lending pool support with your vote.
There will be 4 of 7 NFT collections selected as NFT collaterals with governance. 7 Bluechip NFT collections are Mutant Ape YC, Cool Cats, Doodles, CLONE X, Azuki, World of Women, and CyberKongz.
4 Bluechip NFT Collections with best votes will be able to get
- ETH Lending Pool support on Bend; The ETH lending pool size is now 1,487 ETH.
- $BEND Rewards for borrowers (200%+ APR now)
SPECIFICATION
- All BEND stakers are members of Bend DAO.
- The voting will last for 2 days.
- 4 bluechip NFT collections with best votes will be supported as collateral.
Airdrop & Staking
- Claim your BEND: https://benddao.xyz/app/fair-launch.
- Staking BEND for voting power: https://benddao.xyz/app/dashboard/vebend-locking.
Start Time: April 2nd, 2022, 12:00 am UTC
End Time: April 4th, 2022, 11:59 pm UTC