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paprMEME

(Inactive)

NFT lending protocol powered by Uniswap V3

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Details

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).

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Significant Events

Feb, 2023

paprMEME raised $ 3 M in funding round