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A short story about #Reliquary, the newest #DeFi yield primitive, powered by #ChatGPT & #Midjourney.
Once upon a time, there was a curious DeFi participant named Alice who loved exploring the new and exciting innovations in the blockchain world.
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Once upon a time, there was a curious DeFi participant named Alice who loved exploring the new and exciting innovations in the blockchain world.
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She had heard about a project called $OATH that promised to revolutionize the way incentives in Decentralized applications worked. Intrigued, Alice started researching and soon found out that $OATH used a unique staking mechanism that involved something called "Relics."
The area where #DeFi and #NFTs meet is growing. But how does it look rn?
I would be keen to divide it in DeFi solutions that use NFTs, and NFT collections that use DeFi solutions.
And I think the terms #fNFTs and #NFTfi could consolidate to describe each type, respectively.
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I would be keen to divide it in DeFi solutions that use NFTs, and NFT collections that use DeFi solutions.
And I think the terms #fNFTs and #NFTfi could consolidate to describe each type, respectively.
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>>> Financial NFTs #fNFTs <<<
These are DeFi solutions that use NFTs to represent more complex positions than just holding an ERC20 token. They can represent a claim to a financial position in a SC or even have actual ERC20 tokens inside the NFT 🤯
Let’s see some examples:
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These are DeFi solutions that use NFTs to represent more complex positions than just holding an ERC20 token. They can represent a claim to a financial position in a SC or even have actual ERC20 tokens inside the NFT 🤯
Let’s see some examples:
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@Uniswap v3 positions might be the OG #fNFTs, where an NFT is minted upon depositing liquidity to capture the range in which the user decides to LP.
@RevestFinance general purpose NFTs for yield generating assets.
@SolvProtocol’s semi fungible tokens.
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@RevestFinance general purpose NFTs for yield generating assets.
@SolvProtocol’s semi fungible tokens.
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