Aggregation, Distribution, and Management of NFT Liquidity
Last updated
Last updated
1. Cross-Chain Assets Bitcoin is becoming an important player in the NFT market, yet the overall market still faces liquidity shortages and low trading activity. Through Fractal Bitcoin's recursive extension scheme, the NFT market can achieve more efficient and liquid infrastructure. Pink Finance will enable Bitcoin and Fractal Bitcoin chain interoperability and decentralized cross-chain asset transfers through an innovative cross-chain protocol. Security and efficiency will be ensured using Multi-Party Computation (MPC), Trusted Execution Environment (TEE), and Zero-Knowledge Proof (ZKP) technologies. This offers new opportunities for creators and investors, fostering innovative development of NFTs in the Bitcoin ecosystem.
2. Comprehensive Aggregation Pink Finance supports various NFTs across different token standards and can wrap these NFTs into corresponding wNFTs. NFTs within a collection can be locked and wrapped into a single corresponding wNFT. Conversely, users can redeem wNFTs for the original NFTs from the vault at any time. wNFTs can pair with FB, SATS, and other cryptocurrencies to establish liquidity pools. Pink Finance expands the functionality of liquidity pools to include NFTs, allowing these assets to benefit from the same processes in DeFi. This integration enhances flexibility and efficiency for NFT issuers to establish initial NFT liquidity. Users can trade wNFTs with pools, turning NFTs into yield-bearing assets that continuously attract more liquidity.
3. Flexible Distribution The continuous replenishment and commitment of NFT liquidity providers are crucial to ensure sufficient liquidity to meet market demand. After aggregating liquidity on Pink Finance, NFT issuers can gain NFT liquidity by participating in Pink Finance DAO governance and voting on their NFT liquidity pools within Pink Finance DAO.
On Pink Finance, inflation flows to users who provide liquidity, which is measured through gauges. This metric assesses how much USD a user provides in NFT pools. Each NFT pool has its own liquidity gauge where users can stake liquidity provider tokens. Each gauge has a weight indicating how much inflation it will receive. The Gauge system allows Pink Finance DAO to guide inflation, thereby directing NFT liquidity.
4. Easy Management For liquidity management, NFT issuers can easily organize their NFT liquidity through the Gauge system. The Gauge system dashboard provides NFT issuers with a wealth of liquidity aggregation and distribution information, enabling them to strategically participate in the market by making informed comparisons and decisions. These flexible approaches allow NFT issuers to obtain liquidity through various customizable methods tailored to their specific needs and circumstances.
Pink Finance offers NFT issuers a solution with a range of options to establish NFT liquidity that best fits their specific needs and objectives, reducing the difficulty of establishing NFT liquidity to the same level as fungible tokens.