Avalanche grants $1 million for meme coin and NFT marketplace Salvor

Peer-to-peer NFT and meme coin lending protocol Salvor received $1 million in AVAX from the Avalanche Foundation to expand its services on the Avalanche C-Chain. This move is part of the Avalanche Rush Program, designed to accelerate the growth of decentralized finance (DeFi) on the platform. Salvor has a dynamic lending system that allows users to use their NFTs and meme coins as collateral... source: https://cryptobriefing.com/salvor-nft-lending-boost/