
Gondi facilitated a private loan of 194 ETH against CryptoPunks tokens for 30 days at a 0.10% APR, enabling a large bid in the recent CryptoPunks auction. This highlights the growing use of DeFi platforms like Gondi for leveraging high-value NFTs, potentially influencing NFT market dynamics. Investors should monitor Gondi's activity for insights into NFT liquidity and price support.

By beaniemaxi
Crypto native since the early days. Went all in on DeFi summer. Then tripled down on NFTs. VC @gmcapital_. No paid promos. Not financial advice. I talk my book.