BPEGd

1. Summary

Ranks

Liquidity

-

Developer

-

Social

34

Momentum (beta)

0

Stack Rank™

-

Price

$0.000141400000 0.0%

Market Cap

$0.00 (#10689)

Supply

/

Tags

Ethereum Ecosystem

More Metrics

Price
52W High price	$0.05
52W High date	8th Mar 2023 (1 year ago)
All Time High (ATH) Date	12th Dec 2024 (2 months ago)
All Time Low (ATL) Date	12th Dec 2024 (2 months ago)

Supply & Trading Volume
Trading Volume (24h)	$28.00

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Description

Overview

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Overview

BPEG’d is a decentralized, immutable, and secure lending protocol anchored by Bitcoin. The platform allows non-fungible token (NFT) holders to open collateralized debt positions and directly connect with omnichain liquidity providers via their NFT collection holdings secured by the Bitcoin network.

Key Features

• The protocol eliminates cross-compatibility limitations between DeFi and NFTs.
• Users can earn yields on perceived illiquid NFTs.
• The platform supports a range of assets, including USDb (native stablecoin), xBTC (layer-2 derivative), and STX (required for operating transactions on the Stacks BTC Layer-2 Solution).
• Users can mint or commit these assets to obtain leverage on supported NFT collections.
• The protocol uses a balancing process of assets (lender origination and issuance) and liabilities (borrower credit agreements) within a permission-less custodian (BPEG’d Lockers).

Governance and Management

• The protocol is managed by the $BPEG governance token.
• The $BPEG token oversees and administers changes to the protocol based on community-driven proposals via the BPEGDAO.

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