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paprMEME

paprMEME

NFT lending protocol powered by Uniswap V3
Backed 🖼🐇
Backed 🖼🐇
@Backed 🖼🐇
Followers3.22 K
Following--
Influence Index186

Related News

Announcing the Wind Down of Non Fungible Finance — Backed
Mirror2023-06-14
Former Coinbase engineers launch NFT lending platform with Coinbase funding
The Block 2023-02-20
papr-An innovative NFT lending protocol
Mirror2022-11-28

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About paprMEME

Founded

2022

Community

Tags

NFT
NFTFi
NFT Lending
Uniswap V3 Ecosystem
paprMEME is an NFT lending protocol powered by Uniswap V3. It does not offer direct peer-to-peer lending, but rather adopts a novel mechanism based on its native token. Borrowers mint Papr tokens and transfer collateral to a Papr controller (a smart contract). They can then exchange their Papr tokens for other assets using a decentralized exchange (e.g. Uniswap).

Investors

Coinbase VenturesCoinbase Ventures

Fundrasing details

Funding RoundAmountValuation
Date
Investors
--
$3.00M
--
2023-02-19
Coinbase VenturesCoinbase Ventures