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The number of WGG locks on the NFT cross-chain lending protocol Singular chain reached 264, surpassing Floor Protocol to become its largest holding c

The number of WGG locks on the NFT cross-chain lending protocol Singular chain reached 264, surpassing Floor Protocol to become its largest holding c

Cointime2024/01/16 05:19
By: Cointime
BTC-1.02%ETH-0.48%NFT-0.33%

According to NFTScan data, the TVL of NFT lending protocols has increased by over 100 ETH in the past week. The Weirdo Ghost Gang single pool lending amount has exceeded 50 ETH, with over 300 pledges, of which 264 are on Arbitrum, accounting for 4.7% of the issuance, surpassing Floor Protocol and becoming its largest holding contract address. It has also become the largest NFT lending platform on the Arbitrum chain.As the first cross-chain NFT lending protocol that supports multiple ecosystems such as BTC and ETH, and the first point-to-pool lending platform that supports the BTC ecosystem, Singula is expected to officially launch support for the Bitcoin Frogs lending pool this week, while also collaborating with multiple layer2s in the BTC ecosystem to provide liquidity support for NFT assets in the BTC ecosystem.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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