Cyan Releases Quick Guide for Auto-Liquidation Loans Feature
Cyan Releases Quick Guide for Auto-Liquidation Loans Feature
馃攧 Loans on autopilot?
Cyan has released a concise guide for their new Auto-Liquidation Loans feature, aimed at simplifying collateral management and improving user awareness.
Key points:
- The guide is available as a YouTube video
- It explains how to streamline the loan process
- Auto-Liquidation Loans is a recently launched feature
- The update automates collateral management
- It's designed to make borrowing more efficient
For more detailed information:
- Watch the YouTube video: https://youtu.be/0Ucv2o7xBP8
- Visit Cyan's website: https://usecyan.com/articles/introducing-automatic-liquidation-loans/
Stay informed and optimize your borrowing experience with Cyan's latest feature.
Cyan just released a quick guide for our new Auto-Liquidation Loans feature, making it easier than ever to manage your collateral and stay informed. Check out the YouTube video for all the details on how to streamline your loan process! 馃憞 youtu.be/0Ucv2o7xBP8
ApeCoin Staking Migration to ApeChain Announced
ApeCoin is sunsetting its mainnet staking operations as part of a planned migration to ApeChain. Key updates: - All staking positions will be automatically freed for migration - New staking system on ApeChain will support Shadow NFTs - Migration deadline: April 15, 2025 - Users must move $APE to ApeChain and re-stake to continue earning rewards - BAYC/MAYC/BAKC Shadows will be supported **Action Required**: Prepare to migrate your staked $APE to continue earning rewards on ApeChain.
Cyan BNPL Service Continues Facilitating Lil Pudgys NFT Purchases
Cyan's Buy Now, Pay Later (BNPL) service continues to facilitate NFT purchases, with multiple Lil Pudgys finding new owners in recent months. The service allows collectors to acquire NFTs through: - Initial downpayment - Flexible payment plans - Seamless marketplace integration Recent successful transactions include Pudgy Penguins #5398, demonstrating growing adoption of BNPL solutions in the NFT space. The service aims to make NFT collecting more accessible by removing upfront liquidity constraints. Want to explore BNPL for NFTs? Visit [Cyan's platform](https://cyan.xyz) to learn more.
Mutant Ape Yacht Club NFT Leads Loan Activity on Cyan
A Mutant Ape Yacht Club (MAYC) NFT has secured the highest loan value on Cyan's platform this week. This continues a trend from previous weeks, where MAYC assets have shown strong lending activity. - MAYC maintains position as top collateral choice - Platform offers Buy Now, Pay Later (BNPL) options - Users can unlock liquidity from NFT assets Cyan provides streamlined borrowing services and NFT-backed loans through their platform.
CryptoPunk #6472 Sells for 225 ETH
A notable CryptoPunk sale occurred today as Punk #6472 traded hands for **225 ETH** ($737,768.24). This represents a significant increase from its previous sale in November 2024, when it sold for 149.50 ETH ($462,456). This follows the trend of high-value CryptoPunk sales, including the notable Punk 1563 transaction of 24,000 ETH in October 2024. - Current sale: 225 ETH ($737,768.24) - Previous sale: 149.50 ETH ($462,456) - Value increase: 75.5 ETH ($275,312.24)
Cyan Expands Chain Support to Base and Binance
**Cyan expands its NFT services to Base and Binance chains**, enabling airdrop claims on these networks. - Initial support focuses on airdrop claiming functionality - Loan and liquidity features planned as ecosystems mature - Collections must meet specific criteria for full support *This expansion follows previous integration of Arbitrum and Base chains in October 2024.* The platform is actively seeking community input on which collections to support next.