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Cryptocurrencies: 22830
Exchanges: 117
Market Cap: $$3.54T
24h Vol: $152.29B
Dominance: BTC: 58.5% ETH: 10.9%
ETH Gas: 29 Gwei
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Pine's goal is to be the gateway to the real benefits of NFTfi, and the Pine team's mission is to build technology that enables asset-backed financing to happen transparently and efficiently on-chain. The protocol is a non-custodial decentralized asset-backed lending protocol that allows borrowers to borrow fungible digital tokens from lenders using non-fungible tokens as collateral. The protocol adopts an open and composable architecture, which can easily interface with any NFT and NFTFI platform.