Lending protocol where user can borrow funds using their NFT assets as collateral.
IP-Collateralized Lending on Arbitum
Pulend is a decentralized non-custodial lending protocol where users can borrow stablecoins by depositing NFT as collateral. Liquidity providers earn interest by supplying assets to the protocol.
Pulend is a lending protocol built on Arbitrum that allows users to:
Borrow stablecoins using NFT as collateral
Earn interest by supplying liquidity to the protocol
Unlock liquidity without selling valuable intellectual property
Collateral
NFT deposited into the protocol serve as collateral for loans. Each NFT has a floor price determined by the oracle, which sets the maximum borrowing power.
Loan-to-Value (LTV)
The LTV ratio determines how much you can borrow against your collateral. For example, with 70% LTV and an IP asset worth 1000, you can borrow upto 700.
Interest Rates
Interest rates are dynamic and adjust based on pool utilization:
Low utilization - Lower rates to encourage borrowing
High utilization - Higher rates to attract suppliers
Health Factor
Your position’s health factor indicates liquidation risk:
Above 1.0 - Safe
Below 1.0 - Eligible for liquidation
Landing : https://pulend.art/
Dapp : https://app.pulend.art/
Documentation : https://docs.pulend.art/