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What is BendDAO?
BendDAO is a non-custodial NFT lending protocol built on Ethereum. BendDAO was founded by an anonymous team and launched in 2021.How does BendDAO work?
Lenders deposit funds into BendDAO and receive interest payments from borrowers (supply-side fees). BendDAO has other business lines in addition, however this dashboard only tracks the BendDAO lending protocol.Who governs BendDAO?
BEND tokenholders own and govern the protocol. They currently take a cut of the total interest paid by borrowers (revenue).The values in this graphic are examples and do not reflect actual values. Treat them as approximations.