NFTfi Takes Snapshot
NFTfi, a popular borrowing and lending platform, announced a snapshot of all historical activity on the platform.
- Snapshot taken around 11:52 a.m. ET on Apr. 13 (block 17039465)
- Covers all historical borrowing and lending activity
NFTfi, a leading platform for borrowing and lending using NFTs as collateral, took a snapshot of all historical activity on the platform at 11:52 a.m. ET yesterday. This snapshot offers a comprehensive view of the borrowing and lending transactions that have taken place since the platform's inception.
📊 By the Numbers
To date, NFTfi has amassed 3,247 borrowers and 1,603 lenders.
❗️Why It Matters:
Though still relatively small as a use case, the financialization of NFTs via lending and borrowing is growing slowly but surely. Snapshots are historically taken as a means of capturing those who are in line for a reward - whether that be an NFT or an airdrop, though NFTfi has not specifically confirmed either detail.