coingabbar.com
Blur has created a new NFT lending protocol called Blend, which supported 16.37 million Ether in loans within a day of launching. The protocol's largest collaterals are from the Azuki, Wrapped CryptoPunks, and Milady NFT collections, which feature 846 active loans and 8 refinancing events. The protocol only takes in ETH and was developed in collaboration with Paradigm to improve NFT lending protocols from last year's bear market.