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Uniswap has become interested in the NFT loan segment

Posted on September 19, 2022

Uniswap has become interested in the NFT loan segment

The Uniswap decentralized exchange is negotiating cooperation with seven protocols of lending on the key to non -replaceable tokens (NFT).

“We intend to work with each of them to solve the problem of fragmentation of liquidity and information asymmetry,” said Scott Lewis, head.

He called this the first step towards financialization of the segment.

Users multidirectly responded to the initiative of Uniswap. Some considered it a movement to expand and strengthen the Defi ecosystem.

Others stated that the exchange was interested in the possibility of making additional profit from the elimination of collisions.

In recent months, Uniswap has taken steps to implement NFT in its services. In June, the company standing behind the exchange acquired the Genie marketplace founded by Lewis.

“We consider NFT as another cost format in a growing digital economy,” said Uniswap Labs then.

In the same month, the company announced the launch on the sales platform of non -replaceable tokens with full support for Sudoswap. The project works as a decentralized NFT trip, allowing you to create liquidity pools for asset collections.

Recall that in the spring of 2019, OpenSea adds APE Uniswap released Unisocks tokens as a joke in the form of NFT. Against the background of hype around the sector at the beginning of 2021, the price of SOCKS reached $ 92,500.

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