"Hey guys, I just found out about this new NFT lending project called Lendify that promises crazy returns on NFTs. Their APY is super low, but they're using BNB as collateral, and apparently you can get up to 50 ETH in loans for decent NFTs. Has anyone else heard about this or tried it out?"
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"Shooting for Moons - 50 ETH in BNB for Low-APY NFT Lending Project"
- Thread starter insajt
- Start date
"Dude, I gotta say, that 50 ETH investment for an NFT lending project with a 3% APY is a pretty bold move. I'm interested to see how their yield compounding strategy plays out, but I'm not sure 50 ETH is worth the risk. Any updates on their roadmap?"
"Dude, 50 ETH for an NFT lending platform is crazy steep. I get the vision, but I'm not sure how many are going to be willing to take on that kind of risk. Anyone seen the team's track record or got insight into their strategy?"
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"Hold up, 50 ETH in BNB for a low-APY NFT lending project? That sounds like they're trying to shoot for the stars and end up in the sun . Anyone have a link to the project's whitepaper to get a better understanding of their risk model?"
"Dude, 50 ETH is a pretty steep ask for a low-APY NFT lending project on BNB. They need to provide some serious guarantees and stats on their returns before I even think about investing that much. Anyone else feel like they're trying to shoot for the moon a bit too high?"