Key Takeaways: Financialisation of NFTs has slowly taken off this year and leverage has been inking into the NFT space While not extreme in terms of liquidation cascades, BendDAO is a classic situation that emphasizes the risks of financialising volatile assets like NFT’s
Breakdown of the BendDAO crisis
Breakdown of the BendDAO crisis
Breakdown of the BendDAO crisis
Key Takeaways: Financialisation of NFTs has slowly taken off this year and leverage has been inking into the NFT space While not extreme in terms of liquidation cascades, BendDAO is a classic situation that emphasizes the risks of financialising volatile assets like NFT’s