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About BendDAO
- Bend is a decentralized non-custodial NFT-backed borrowing and lending protocol.
- Users can participate as depositors or borrowers.
- Depositors provide ETH liquidity to the lending pool to earn a passive income.
- Borrowers can borrow ETH through the lending pool using NFTs as collateral instantly.
About BendDAO: Empowering a Decentralized Future
In the decentralized, non-custodial Bend protocol, users can engage as either depositors or borrowers. By providing ETH liquidity to the lending pool, depositors can earn a passive income, whereas borrowers can instantly access ETH through the lending pool, using NFTs as collateral.