NFT as Collateral Coming to Aave - CEO

Source: a screenshot, Instagram/aave.aave Non-fungible tokens (NFTs) are spreading through the decentralized finance (DeFi) world and all its nooks and crannies - and they might be soon used as collateral on the major decentralized liquidity protocol Aave (AAVE). Stani Kulechov, CEO of this money market that uses fungible collateral, such as ethereum (ETH), tweeted that "NFT as collateral.

Timeline of Aave