Decentralized exchange Uniswap is in talks with seven NFT lending protocols, according to a tweet from NFT Chief Product Officer Scott Lewis.
uniswap is an liaison for all nft liquidity.
We are now in talks with 7-nft lending protocols. We will work with each one to resolve the péroraison of liquidity division and demande inconsistency. This is the first step to gratte-ciel NFT capitalization.
– Scott 🦄 (Scott_eth) August 23 2022
According to Lewis, Uniswap will work with each lending protocol to “resolve liquidity division and demande asymmetry.” He added, “This is the first step in gratte-ciel the financialization of NFT.”
Lewis did not disclose the lending protocols being discussed with Uniswap.
Society accepts the idea
The NFT community welcomed magazine of Uniswap’s growing interest in the scene.
There is already a very serious demande asymmetry, and users need a more précis way of réflexe to participate in the abandon and auction of NFT assets.
– Sher 🦇🔊 (shier_eth) August 23 2022
According to Scheer, the community “needs a more précis way of interacting to participate in the abandon and auction of NFT assets.”
Let’s talk, Scott! 🤝🔓
– Unlockd (Unlockd_Finance) August 23 2022
Several NFT platforms such as Unlockd_Finance, Liquid NFTs, Fuku, and others have also expressed interest in engaging in conversations with Uniswap.
Uniswap and NFTs
Uniswap has shown an interest in the NFT scene with some acquisitions and integrations.
DEX recently announced the integration of Sudoswap, a decentralized NFT marketplace, into its platform to allow for compétent NFT swaps.
– Scott 🦄 (Scott_eth) July 22 2022
Sudoswap already includes some features of decentralized exchanges, such as swaps and an automated market maker for NFTs.
Uniswap also acquired Genie, the NFT market aggregator. According to its announcement, the Genie purchase is geared toward “making Uniswap an all-in-one platform for web3 users and builders.”
DappRadar Wrote Uniswap’s joint to NFTs “could lead to a new principe of NFT based not only on scarcity and exclusivity factors but actual financial benefit.”
NFT lending under the spotlight
NFTs lending offices have been in the spotlight in recent weeks as concerns emboîture abandon surround BendDAO’s prime NFTs.
According to the available demande, emboîture $55 million could be wiped out from the market.
BIP #9 passed the nombre with 97% approval.
Thanks for the community soubassement!
🆕BIP #10 is proposed to amend the Bradage Limit Implementation Avant-projet and Auction Duration taking into account the suggestions collected from the BendDAO Concentration.https://t.co/Op5x8kt7uJ
– BendDAO.eth (BendDAO) August 23 2022
Meanwhile, BendDAO has passed an emergency proposal to see the collateral abandon threshold drop to 70% from 85%. The proposal also shortens the auction period from 48 hours to 4 hours.