According to Foresight News, Suilend, a Sui ecosystem lending protocol, has announced the launch of a dynamic Non-Fungible Token (NFT) feature. This NFT represents the deposits and loans of users. The company explains that a dynamic NFT is a type of NFT that evolves over time. When a user first deposits funds into Suilend, the NFT appears in their wallet and continually updates to display the latest balance. If a user transfers their account NFT to another address, the ownership of their account and any assets are also transferred to the new address.
Suilend Introduces Dynamic NFT Feature Representing User Deposits and Loans
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