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Fungify
Fungify is a DAO-controlled NFT lending protocol and NFT index product. It enables users to borrow and lend against NFTs and offers the $NFT market-cap-weighted index of blue-chip NFTs.
Distributed
Description
Fungify operates NFT-focused financial products. Its Pools product provides one-click borrowing and lending, with market-driven rates and support for NFT collections and assets such as ETH, USDC, and USDT. Its $NFT Index offers market-cap-weighted exposure to blue-chip NFT collections and earns fees from sellers. Governance is controlled by DAO token holders.Grant Funding
VC Funding
None
2023
$0
$12M