NFT lending protocol Singular launches Beta Test version

2023-08-09 21:40:43

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ChainCatcher news, the decentralized lending protocol Singular under the NFTFi platform SingularLabs has launched its Beta Test.

It is reported that Singular completed its Alpha Test in May. It adopts a dynamic risk-interest rate matching model that differs from traditional peer-to-peer and pool-to-pool methods. Through an interval liquidity matching strategy, it achieves dynamic matching of risk and return, resulting in high matching efficiency, high yield, high capital utilization, and high coverage.

Currently, Singular has established market partnerships with DigiDaigku Chinese, Weirdo Ghost Gang, mfers Chinese, Matr1x2061, Doodles Chinese, Element Genesis, Cretera Genesis Land, Degen Toonz Chinese, and others. In addition to blue-chip PFP NFTs, Singular will focus on supporting liquidity for new types of NFTs such as games and RWA.

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Singular RWA

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