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IQ Protocol, a pioneering NFT rental platform, is under scrutiny as rumors circulate about its insurance fund failing a solvency test. The platform, known for enabling secure, collateral-free NFT rentals via smart contracts, relies on its insurance fund to protect user assets. Alleged test failures have sparked concerns over the fund’s ability to cover potential losses, threatening user confidence. No official statement from IQ Protocol has confirmed or denied these claims, leaving the community seeking answers. As speculation grows, users are urged to verify information through trusted channels and remain vigilant about their NFT assets. The situation underscores the importance of transparency in DeFi platforms. Stay tuned for updates as the story develops and official responses emerge.
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