Gondi

Ten Ringers NFT holders have each secured 15,000 USDC loans through the Gondi protocol, totaling 150,000 USDC. Key loan terms: - 90-day duration - 19% APR - 110 USDC origination fee per loan This follows recent lending activity including an Autoglyph holder borrowing 90,000 USDC at 15% APR and two CryptoPunks securing 80,000 USDC in total at 16% APR. The consistent lending activity suggests growing adoption of NFT-backed loans on the Gondi platform.

A CryptoPunk (#3517) under an active 30-day loan on GONDI was sold for 39.5 wETH. The transaction occurred on day 18 of the loan term: - Lender received: 30 wETH principal + 0.21 wETH interest - Borrower profit: ~9.3 wETH This sale follows recent significant GONDI developments: - Platform reached $100M TVL - Currently manages 1,200 active NFT loans ($42M outstanding) - Holds 83% of NFT stablecoin loan market - Supports 128 whitelisted collections *GONDI continues to demonstrate strong growth in the NFT lending space*

GONDI has announced new loan terms for CryptoPunks NFTs with two distinct offerings: - **ETH Loan Terms:** - Principal: 20 ETH - Duration: 90 days - APR: 15% - Fee: 0.20 ETH - **USDC Loan Terms:** - Principal: 65,000 USDC - Duration: 30 days - APR: 10% - Fee: 400 USDC This follows GONDI's strong performance with CryptoPunks, currently managing 260 Punks in outstanding loans totaling $26M. The platform maintains competitive rates while expanding loan duration options. Visit [GONDI](https://gondi.com) to list your CryptoPunk for loan offers.

An Autoglyph NFT (#327) has secured a significant loan on the GONDI protocol with the following terms: - Principal: 150,000 USDC - Duration: 1 year - Interest Rate: 16% APR - Origination Fee: 6,000 USDC This follows recent high-value NFT loans on GONDI, including a Beeple ALIVE piece (20 ETH) and multiple Pudgy Penguins (62.5 ETH total). Previous Autoglyph loans on the platform ranged from 120,000 to 150,000 USDC, demonstrating consistent valuation patterns.

GONDI introduces flexible features for NFT-backed loans: - Borrowers can refinance active loans when offered lower APRs - New top-up feature allows lenders to offer additional principal on existing loans - Protocol maintains 50-80% lower gas fees compared to competitors - System ensures NFTs remain accessible to competitive market terms The platform's continuous underwriting approach creates a more dynamic lending environment, benefiting both lenders and borrowers through improved terms and increased liquidity.

A significant refinancing event occurred for @gmoneyNFT's Ape Punk (Punk #8219) on the GONDI platform: - A 263,900 USDC tranche of a 700,000 USDC NFT loan was refinanced - New APR: 14.47% - Total effective APR reduced to 15.57% This refinancing demonstrates GONDI's ability to help borrowers secure more favorable lending terms through their continuous underwriting system.

The NFT artwork *data_lords* by XCOPY, currently owned by Artifaction2, is being auctioned on SuperRare while simultaneously receiving a loan offer through GONDI's NFT lending protocol. Key loan terms: - Principal: 60,000 USDC - Duration: 90 days - Interest: 18% APR - Origination fee: 300 USDC This demonstrates the growing intersection of NFT trading and DeFi lending, allowing collectors to access liquidity while participating in auctions.