A peer-to-peer NFT lending marketplaces where lenders and borrowers individually agree on certain loan terms. This gives lenders more flexibility with their risk tolerance.
Abacus is an intermediary between appraisers and NFT holders which rewards appraisers for properly speculating on the value of an NFT and provides owners with a liquid backing that can be leveraged to use their NFT in the growing world of NFT finance.
Sudoswap has been gaining the attention of the Crypto world lately. Its been quoted the Uniswap of NFTs.
Everything you need to know about Sudoswap
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1/ What is it?
Sudoswap or the 'SudoAMM' is a new NFT marketplace that changes the way crypto users think about NFT liquiditiy and trading. It introduces the 'Automated Market Maker' (AMM) model to NFTs. It allows users to trade and swap NFTs using liquidity pools β Uniswap.
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It enables users to:
β Provide liquidity to investment pools that buy and sell NFTs to earn revenue.
- Create pools that gradually buy or sell NFT collections along price curves.
Frontrunning the NFT Finance Paradigm. @FloorDAO is a NFT market-making protocol designed to enable deep liquidity on NFT collections and generate high yield for the DAO treasury.
A lot has happened since my last post about $FLOOR.
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1/ FloorWars
Probably the biggest thing that took place were the FloorWars. An event that is still echoing through the whole NFT & DeFi space.
Two of the hottest upcoming NFT projects: @miladymaker & @tubbycatsnft were going neck to neck. In the last minutes Milady won.
2/ What stood out most is that during the FloorWars both projects experienced insane upside returns. See both charts below. They call this the βFLOOR effectβ. These gains are obviously without the millions in $FLOOR sweeps coming miladys way as winner rn.
Very curious what @ConcaveFi $CNV will bring to the table. A successor of OHM & other rebase tokens.
It has partnered with some of the smartest DeFi projects which is promising.
Lets dig deeper ππ§΅
1/ What is Concave?
Until now bonding models that prioritize treasury growth lead to dilution of stakers. $CNV wants to tackle this problem. This is achieved by focusing on delivering value to long-term stakers via Bonding and Liquid Staking Mechanism with anti-dilutive rewards.
2/ Bonding
Concave will launch an off-chain bonding optimization algorithm, the Concave protocol is able to maximize the value of the Treasury with respect to supply.