Drops DAO Releases New CyberBrokers NFT Lending Pool

Today, we’re excited to announce that we’re deploying another new NFT lending pool, this time for the popular CyberBrokers collection!

You heard that right — we’re adding more NFTs into the mix on our platform to continue build the comprehensive ecosystem we’ve set out for from the very beginning.

The CyberBrokers NFT collection LTV (Loan to Value) will be 50% at 200 $DOP/day in emissions.

Begin collateralizing your CyberBrokers NFT assets here: https://drops.co/lending/pool/2

About CyberBrokers

CyberBrokers is a collection made up of 10,001 unique and on-chain futuristic and digital NFT characters running on the Ethereum network. The story revolves around a frozen earth within the modern ice age, where governments around the globe joined forces to devise a plan to save humanity by moving people into the metaverse.

This “paradigm shift” included the first 10,000 volunteers (deemed the CyberBrokers) who would take the lead and begin this massive transition.

Each asset provides holders with membership and access to different experiences within the metaverse. In addition, every CyberBroker NFT comes with its own unique traits and accessories that can be utilized.

Here are the most recent analytics from OpenSea and Dune Analytics:

  • # NFT Items: 10,001
  • # Owners: 3,500
  • Floor Price: 2.25 ETH ($4,176)
  • Total Sales Volume: 32.6K ETH (~$60,500)

Marching Forward

We hope everyone is as excited as we are about this news. CyberBrokers NFT holders can now collateralize their assets and enjoy loans using our platform.

This is another milestone in the making as we keep growing and expanding our core platform offerings. The great thing is that there’s plenty more to come, so stick around!

About Drops DAO

Drops DAO provides loans for NFT and DeFi assets, supplying them with much-needed utility.

The protocol uses lending pools that enable any type of NFT asset to be used as collateral — from collectibles and metaverse items to financial NFTs. Users can leverage their idle NFTs and DeFi tokens to obtain loans and earn extra yield.

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