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PuLend

Lending protocol where user can borrow funds using their NFT assets as collateral.

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PuLend

IP-Collateralized Lending on Arbitum

Pulend is a decentralized non-custodial lending protocol where users can borrow stablecoins by depositing NFT as collateral. Liquidity providers earn interest by supplying assets to the protocol.

Pulend is a lending protocol built on Arbitrum that allows users to:

  • Borrow stablecoins using NFT as collateral

  • Earn interest by supplying liquidity to the protocol

  • Unlock liquidity without selling valuable intellectual property

Key Concepts

Collateral

NFT deposited into the protocol serve as collateral for loans. Each NFT has a floor price determined by the oracle, which sets the maximum borrowing power.

Loan-to-Value (LTV)

The LTV ratio determines how much you can borrow against your collateral. For example, with 70% LTV and an IP asset worth 1000, you can borrow upto 700.

Interest Rates

Interest rates are dynamic and adjust based on pool utilization:

  • Low utilization - Lower rates to encourage borrowing

  • High utilization - Higher rates to attract suppliers

Health Factor

Your position’s health factor indicates liquidation risk:

  • Above 1.0 - Safe

  • Below 1.0 - Eligible for liquidation

Landing : https://pulend.art/

Dapp : https://app.pulend.art/

Documentation : https://docs.pulend.art/

Deck : https://www.canva.com/design/DAG7GLoRVO4/0jmIm0FVCkYFaa2hsxdDag/view?utm_content=DAG7GLoRVO4&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=hcf5cb065ce

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