28 days ago
Stockhead
shareLink copied toclipboardDavid Angliss, an analyst with Australia’s leading cryptocurrency investment firm, Apollo Crypto, shares the fund’s regular take on what’s happening in the fast-changing and volatile cryptocurrency space. It’s a sector that Apollo Crypto and its analysts, including David Angliss, certainly feels has some potential to boom at some stage. And, like it has with NFTPerp and another NFTfi protocol, Insrt Finance, Apollo Crypto has allocated a relatively small amount of its investment stack into the project. JPEG’d, Angliss explains, is a decentralised lending protocol on the Ethereum blockchain that enables non-fungible token (NFT) holders to open collateralised debt positions (CDPs) using their NFTs as collateral. “Instead, JPEG’d just has to incentivise the pUSD and pETH liquidity on decentralised exchanges.
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