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Share Share on Twitter Share on LinkedIn Share on Telegram Copy Link Link copied Blur’s peer-to-peer perpetual non-fungible lending protocol Blend, focused on NFTs, has seen massive growth since inception, with the protocol’s loan volume hitting close to 170,000 in under 30 days. Blend controls 82% of NFT lending share According
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“The significance of this large volume can be positive, as it indicates liquidity and market validation,” said Ghergelas. “However, there are also potential negatives, as high volumes on Blend could increase the price volatility, impacting market stability and making it difficult for traders to predict price movements accurately.” Source
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While the non-fungible token marketplace Blur has captured a significant amount of the market share in terms of NFT sales, the market’s native token, BLUR, lost more than 28% in value last month. At present, BLUR tokens are down more than 88% since the crypto asset’s all-time high recorded on
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Cumulative nonfungible token (NFT) trading volume trended higher in January, and data from a recent Delphi Digital report showed monthly volumes reaching an eight-month high above $1 billion.The key factor that influenced NFT trading was the Blur token airdrop on Feb. 14. Since its launch last year in Q3 2022,
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Central Bank Digital Currencies (CBDCs) are rapidly gaining prominence in discussions around the future of money. The many dimensions of debate, whether policy, economic or financial, whittle down ultimately to design choices. With CBDC experiments in various stages of development globally, the norms of design are still being explored. It
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