Apes are the GOATs. Last week, another ape accessed liquidity on their MAYC, without even having to sell.
It turns out you CAN have your cake and eat it too.
0.4239 ETH borrowed against MAYC #10056.
Illiquidity is not a property of the asset. It is a property of the infrastructure around it.
Real estate is illiquid without mortgages. NFTs are illiquid without Cyan. BNPL for acquisition. Loans against existing holdings. Vault yield for lenders. The same asset, with credit
Bear markets build the infrastructure bull markets run on.
Cyan spent the NFT bear market doing exactly that. BNPL with full asset utility. Up to 66% LTV loans against existing holdings. Vault yield for lenders. $25M in loan volume. CertiK audited.
The next NFT cycle has a