About JPEG
JPEG’d is a lending protocol on Ethereum that enables users to borrow against their NFTs. Borrowers can deposit their NFTs in the vault of JPEG'd to mint $PUSD (a stablecoin). The annual interest rate for borrowing $PUSD is around 2%.JPEG’d also has an insurance mechanism in place, with the JPEG’d DAO underwriting all issued debt. Users can purchase optional insurance to repurchase their NFT in event of liquidation. If borrowers have purchased insurance and their positions get liquidated, they can repurchase the NFTs back after paying all outstanding debt and a 25% liquidation fee (based on outstanding debt). Otherwise JPEG’d DAO will own the NFT and the insurance agreement is void.$JPEG is the governance token of JPEG'd DAO.
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Frequently Asked Questions
What is the all-time high price of JPEG'd (JPEG)?
Read MoreThe all-time high of JPEG was 0 USD on 1970-01-01, from which the coin is now down 0%. The all-time high price of JPEG'd (JPEG) is 0. The current price of JPEG is down 0% from its all-time high.
How much JPEG'd (JPEG) is there in circulation?
Read MoreAs of
, there is currently 0 JPEG in circulation. JPEG has a maximum supply of 69.42Bn. What is the market cap of JPEG'd (JPEG)?
Read MoreThe current market cap of JPEG is 0. It is calculated by multiplying the current supply of JPEG by its real-time market price of 0.000029064424.
What is the all-time low price of JPEG'd (JPEG)?
Read MoreThe all-time low of JPEG was 0
, from which the coin is now up 0%. The all-time low price of JPEG'd (JPEG) is 0. The current price of JPEG is up 0% from its all-time low. Is JPEG'd (JPEG) a good investment?
Read MoreJPEG'd (JPEG) has a market capitalization of $0 and is ranked #10138 on CoinMarketCap. The cryptocurrency market can be highly volatile, so be sure to do your own research (DYOR) and assess your risk tolerance. Additionally, analyze JPEG'd (JPEG) price trends and patterns to find the best time to purchase JPEG.