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Cryptocurrency News Articles

GONDI V3: Redefining Flexibility in NFT Lending

Sep 07, 2024 at 04:15 pm

Introducing GONDI V3, an upgrade to the leading NFT lending protocol that takes the NFT lending space to a new level

GONDI V3: Redefining Flexibility in NFT Lending

Version 3 of GONDI, the premier Ethereum NFT lending protocol, is now available, introducing Tranche Seniority and other features that enable users to fine-tune their risk strategies.

Backed by Pantera, Dragonfly, and Foundation Capital, among others, GONDI has processed over $130 million in gross volume, with $25 million in outstanding debt and $40M TVL.

GONDI is the trusted solution for top lenders and art collectors in the NFT space, including Seedphrase, Gmoney, Cozomo de’ Medici, and Phantom Scribbler. Many of the largest NFT loans ever have been facilitated through GONDI, such as the iconic $1,000,000 USDC loan secured against Gmoney’s famous Ape Punk #8218.

GONDI has established itself as the leading lending protocol, attracting collectors of the most renowned collections like CryptoPunks ($63M in volume), Autoglyphs ($30M in volume), Fidenza ($5M in volume), and Chromie Squiggles ($6M in volume).

With the introduction of GONDI V3 and with Tranche Seniority at its forefront, GONDI allows users to fine-tune their risk strategies like never seen before, cementing its status as the most advanced, capital-efficient, and flexible NFT lending protocol.

“GONDI V3 redefines flexibility in NFT lending. With Tranche Seniority, multi-source loans, and a host of other features, GONDI V3 allows lenders to fine-tune their strategies with unparalleled precision while borrowers benefit from maximized liquidity,” said Burga, co-founder of GONDI.

Visit https://Gondi.xyz today to explore the power and flexibility of GONDI V3.

About GONDI:

GONDI is Ethereum’s leading non-custodial NFT lending protocol for digital art and collectibles, where borrowers get loans without selling their NFTs, and lenders can access real yields.

Official Links

Original source:coinpedia

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