Double Protocol collaborates with Ubiloan

Published on: 24.11.2022
Double Protocol collaborates with Ubiloan

Double Protocol has reached a strategic collaboration with Ubiloan, a decentralized, immutable, and transparent loan protocol specializing in GameFi NFTs.

Through this collaboration, Ubiloan will adopt and integrate the ERC-4907 token standard into its NFT loan protocol and gaming guilds.

NFT lending is referred to as the process of collateralizing your NFT as a loan in exchange for immediate crypto payment. And it addresses the asset class’s most significant issue: liquidity. Basically, it allows lenders to lend their money on the platforms and receive interest on loans given out.

Website | Twitter 

Website | Twitter 

SOURCE:
https://blog.double.one/double-protocol-collaborates-with-ubiloan-3eef127d028d

REQUEST AN ARTICLE

Market Stats:
BTC Dominance: 38.12%(-0.12%/24h)
ETH Dominance: 18.36%(+0.06%/24h)
Defi Market Cap: $37.93B(-13.84%/24h)
Total Market Cap: $858.89B(+0.86%/24h)
Total Trading Volume 24h: $36.79B(-13.64%/24h)
ETH Market Cap: $155.47B
Defi to ETH Ratio: 24.4%
Defi Dominance: 4.23%
Altcoin Market Cap: $531.51B
Altcoin Volume 24h: $18.03B
Total Cryptocurrencies: 21910
Active Cryptocurrencies: 8981
Active Market Pairs: 58311
Active Exchanges: 528
Total Exchanges: 4354