Equity Details
Price & Market Data
Price: $0.0₄161
Daily Change: -$0.0₇126 / 0.08%
Daily Range: $0.0₄161 - $0.0₄161
Market Cap: $0
Daily Volume: 64
About JPEG'd (JPEG)
A concise financial summary for JPEG'd (X:JPEG). Priced at 0.0₄161, it shows a daily movement of -$0.0₇126 / 0.08%. Market cap: N/A. Performance over 1-week and 1-year are key takeaways.
Details
JPEG'd is a decentralized lending protocol on the Ethereum blockchain that enables non-fungible token (NFT) holders to open collateralized debt positions (CDPs) using their NFTs as collateral. Users mint PUSd - the native stablecoin of the protocol - enabling them to effectively obtain leverage on their NFTs. The protocol will be managed by a governance token, JPEG, that will oversee, administer, and change parameters to the protocol. JPEG'd is completely permissionless, decentralized, and is not controlled by any central entity. JPEG's aim is to bridge the gap between DeFi and NFTs and eventually allow any NFT collections, voted by governance, to obtain a line of credit using their NFTs as collateral on the protocol.Telegram | Discord | Medium
