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Blend: Unlock The Value of Your NFTs | Pacman, Blur

Empire

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The Advantages of Auction Mechanisms

There will be an efficient market where someone steps in and is willing to supply, you know, and pick up that loan. Even though liquidity dries up, there are always kind of market participants out there who are willing to supply liquidity at the right rate. From a borrower perspective, this mechanism, honestly, it's more borrower friendly than lender friendly because if you have a position on an exchange and the market initiatives change, you're getting liquidated overnight.

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