Many Bored Ape NFTs Are in Danger of Getting Liquidated as Borrowed Money Comes Back to Bite

The NFT lending platform BendDAO has collateralized almost 3% of the entire Bored Ape collection, and many NFTs have recently entered the “danger zone” of liquidation. https://www.coindesk.com/business/2022/08/19/many-bored-ape-nfts-are-in-danger-of-getting-liquidated-as-borrowed-money-comes-back-to-bite/

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