Blur Adds Loans Tab
Blur announced that users can now view all active loans and loans in auction from the Loans tab.
❗ Why It Matters
Blur continues to both add collections, including BAYC/MAYC recently, and make upgrades to the overall platform. The protocol and platform are being built out in real time, and yesterday evening Blur added a new feature that will allow users to better manage their loans within the interface.
Notably, Blur has also confirmed that the addition of partial repayments is imminent.
🔜 What’s Next?
Partial repayments for loans are coming shortly (this week or next).
🎤 Founder Feedback
🎤 Community Quotes
Partial repayments for loans is a big step.
— NFTstatistics.eth (@punk9059) May 17, 2023
Current status quo is that borrowers who want to avoid liquidation by paying off a piece of their loans cannot do so, leading to a lot of unwanted liquidations. https://t.co/lx5ko9JfVg
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