Thread by @CollectionWeb3

1/10 We’re excited to launch Collection.xyz 🎨 today!

The first liquidity incentive protocol built to simplify the incentivization process for NFT AMMs like @Sudoswap.

Buckle up and let’s dive in! 🤿

2/10 Individuals who deposit into an NFT AMM (e.g. @Sudoswap) through Collection.xyz will receive a tokenized representation of their ownership.

These transferable tokens allow token bearers to control the pool and its underlying assets. 🙌

3/10 These tokens parameterize salient information about the pool to improve composability and enable use cases such as vaulting and incentivization of liquidity. 🚰

4/10 Collection.xyz provides and utilizes a reference implementation of vaults to enable LP token staking against vaults that incentivize liquidity.

5/10 A couple of firm believers in our project have agreed to fund the initial weeks of rewards to help bootstrap Collection.xyz vaults.

Check out the rewards for these NFT collections here: collection.xyz where reward emissions start on Oct 10 at 12 PM UTC.

6/10 We believe that NFT AMMs are here to stay.

However, the existing model does not tie well with ERC-20 tokens nor does it provide meaningful incentives over regular marketplaces.

With Collection.xyz, we hope to democratize liquidity incentives for all projects.

7/10 If you’re the owner of an NFT project who is planning for liquidity incentive campaigns, we’d be happy to chat and share more about why Collection.xyz is great for your community! 🍾

blog.collection.xyz/collection-xyz…

8/10 If you’re building data aggregators like @zerion_io, @zapper_fi, @ApyVision, @DeBankDeFi, @gemxyz, @geniexyz and would like to integrate Collection.xyz data 👇

Reach out to our team via DM @CollectionWeb3! 📲

9/10 If you’re an NFT trader, hodler, believer, connoisseur or fan 🦍 - give Collection.xyz a try and let us know whether you like it 😍 or hate it 😵‍💫.

And join our discord server to vote for next week’s NFT collections to get rewards on: discord.com/invite/TXEt2yg….

10/10 Being NFT collectors ourselves, we hope to help make all our favorite NFT collections better by building Collection.xyz and launching it to everyone in the community.

Now #LFG! ✊🌔🚀