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.

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
— NFTstatistics.eth (@punk9059) May 17, 2023

🧠 Learn More

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Author Bio

Julian Son

NFT analyst

Started out sweating Top Shot queues in Feb 2021. Hoarded Koalas after seeing Gary V bought the #1 rarity Koala, then got rugged hard. Now living next to an underpass in Venice Beach. Loves most sports, except cricket. Hates snakes, SBF, and the IRS.

Disclaimer: The author or members of the Lucky Trader staff may own NFTs discussed in this post. Furthermore, the information contained on this website or the Lucky Trader mobile application is not intended as, and shall not be understood or construed as financial advice. AI may have assisted in the creation of this content.