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Bank Run at NFT Lender BendDAO Prompts Attempt to Avert Another Liquidity Crisis

Faulty auction mechanics highlighted the downside of letting people borrow money against their Bored Apes.

Di Danny Nelson
Aggiornato 11 mag 2023, 4:17 p.m. Pubblicato 22 ago 2022, 9:55 p.m. Tradotto da IA
A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)
A Bored Ape owner searches for upside without risking auction liquidation. (Danny Nelson/CoinDesk)