Bend DAO
Ment Tech Labs collaborated with Bend DAO to develop a decentralized liquidity infrastructure that allows users to borrow and lend against NFT collateral. The platform combines automated risk assessment, floor price oracles, and DAO-driven governance to enable instant liquidity while maintaining asset ownership.
Region/Industry
Project Duration
Client Type
Bend DAO envisioned a protocol that gives NFT holders instant access to liquidity without selling their assets. The goal was to design a decentralized lending platform that leverages peer-to-pool mechanisms, enabling NFT-backed loans through smart contracts while maintaining user ownership and transparency.
To achieve this, Bend DAO partnered with Ment Tech Labs to build a secure and scalable ecosystem powered by DAO governance. The platform integrates real-time floor price oracles, automated risk management, and community-controlled treasury operations to create a sustainable liquidity layer for the NFT economy.
Discover how BendDAO bridges liquidity and ownership in the NFT economy.
Building a Secure, Transparent, and Scalable NFT Liquidity Protocol
Before BendDAObecame a fully functional decentralized ecosystem, the client faced several challenges in creating a reliable lending infrastructure around highly volatile NFT assets.
Accurate Floor Price Tracking
Developing a real-time oracle mechanism to determine NFT floor values across multiple marketplaces for collateral evaluation.
Risk Management in Volatile Markets
Building an automated risk model that protects lenders from sudden NFT price drops while maintaining borrower flexibility.
Liquidation Protection System
Designing a liquidation engine that prevents unfair asset liquidation during short-term market fluctuations.
Peer-to-Pool Lending Architecture
Creating a smart contract framework that enables instant loans through pooled liquidity instead of direct peer matching.
DAO Governance Integration
Establishing a decentralized governance structure for proposal voting, treasury management, and protocol upgrades.
Ment Tech’s Approach
Ment Tech Labs approached Bend DAO, intending to build a fully autonomous liquidity protocol supported by community governance. The focus was to develop secure smart contracts, real-time valuation systems, and risk algorithms that maintain trust between lenders and borrowers while enabling fast, gas-efficient transactions.
Core Deliverables
NFT Liquidity Protocol
Developed a decentralized peer-to-pool lending system enabling NFT holders to borrow stable assets instantly without selling their collectibles.
Automated Risk & Liquidation Engine
Implemented an on-chain model that monitors floor prices, adjusts collateral ratios dynamically, and prevents forced liquidations during market dips.
Floor Price Oracle Integration
Built real-time Oracle connections with major NFT marketplaces to provide accurate pricing data for collateral assessment and lending decisions.
DAO Governance Framework
Designed and deployed DAO smart contracts for proposal submission, voting, and treasury allocation controlled entirely by the community.
Lending Dashboard & Analytics Layer
Created an interactive dashboard that tracks loan health, collateral values, and pool liquidity in real time.
Secure Treasury & Audit Module
Integrated multisig wallets and smart contract audits to ensure fund transparency and community-controlled asset management.
Our clients
Core Elements Powering the BendDAO Protocol
NFT-Backed Borrowing and Lending
Users can instantly borrow stablecoins by using their NFTs as collateral through a peer-to-pool model that ensures seamless liquidity without asset liquidation.
On-Chain Risk Management
A dynamic risk engine continuously evaluates NFT price trends, volatility, and collateral health to safeguard lenders while keeping borrowing accessible.
Real-Time Floor Price Oracles
Integrated Chainlink and marketplace data feeds provide accurate, tamper-proof floor price updates, maintaining transparency in loan valuations.
DAO-Based Governance Model
Community members actively manage proposals, parameter updates, and treasury distribution through on-chain voting powered by DAO smart contracts.
Automated Liquidation Protection
A buffer-based liquidation mechanism protects borrowers during short-term market dips while maintaining liquidity pool stability.
Transparent Audit and Treasury Controls
Multisig wallets, public audit trails, and open-source contracts ensure secure fund management and complete visibility for all participants.
Driving Performance and Efficiency Across DeFi Markets