what's JPEG'd?
JPEG'd is a decentralized NFT lending protocol that enables users to borrow stablecoins or ETH against blue-chip NFT collateral such as CryptoPunks, BAYC, and MAYC. The protocol uses over-collateralized loans where NFTs are locked in vaults, and borrowers receive funds while retaining ownership. Lenders earn yield on supplied assets, with liquidation mechanisms to protect positions if collateral value drops.
announced a social prediction game scheduled for launch in 2026
Received an undisclosed angel investment round.
New airdrop campaign announced for the social game platform.
The @jpegapp platform launches as a social prediction game powered by Base, offering daily themed challenges with prizes and currently accepting waitlist registrations.
Urgent protocol alert: Users must close active loans and withdraw from citadel autocompunder due to impending borrow rate increase.
New $JPEG token launches with 65% allocation for ecosystem growth, now trading on Hyperliquid with enhanced platform features.