Someone borrowed 35 ETH using their Pudgy Penguin as collateral 🤯
It is a game changer for any holder of a rare Pudgy Penguin (or any other) NFT!
⬇️
Please meet Pengu 4611!
This cutie is #7 Pengu by OpenSea Pro Ranking 😎
The floor price is ~9 ETH.
Basically, this means that you can't borrow more than 9 ETH against any Pengu.
But!
You can just list it on borrowing platforms supported by Lendz (@Arcade_xyz, @NFTfi 👋)
This will allow professional lenders to see your NFT and recognise its rarity
And voila!
Now you can borrow 35 ETH for 30 days at just 22% APR 🎉
Liquidity is much cheaper and closer to you when you use Lendz 😏