Bend is a decentralized non-custodial NFT-backed borrowing and lending protocol where users can participate as depositors or borrowers. Depositors provide ETH liquidity to the lending pool to earn a passive income, while borrowers are able to borrow ETH through lending pool using NFTs as collateral instantly.
$ BEND is the governance token of BendDAO. $BEND holders can stake BEND to get vote-escrowed BEND (veBEND). veBEND has two main uses: Voting and Earning.
