Big things are coming from Uniswap. The crypto exchange is engaged in talks with multiple NFT lending protocols, according to a social media post from its head of NFT product Scott Lewis.
Other users questioned the motives behind Uniswap’s interest in NFT financialization and pointed toward taking advantage of liquidation profits.
any other motive to provide this feature than profit from liquidations? or be kind to buy the lenders worthless asset at liq price and baghold it while you try and dump on yourself?Over the last few months, Uniswap has made big steps toward including NFT activity in its service offerings. Uniswap is one of the world’s largest decentralized exchanges , responsible for nearly $6 billion in assets in its liquidity pools.
In June, the company introduced its acquisition of Genie, an NFT marketplace aggregation platform, allowing users to find and trade digital assets across most platforms. Shortly after, Lewis tweeted that Uniswap plans to introduce NFTs with full Sudoswap support. Sudosawp allows for anonymous interactions around NFT sales and the creation of NFT liquidity pools.
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