NFTX

REVIEW

NFTX

What is NFTX?

ETH protocol allowing for NFT vault deposits

Receive an ERC20 token usable in the ecosystem

Use NFTs as collateral for lending and borrowing

What Is NFTX Vault Creation?

On ETH anybody can construct NFT vaults

NFT-backed "vTokens" are generated

NFT Creators Benefit

Enabling content creators to earn fees forever

Enhancing reach and distribution fairness

Allowing quick market development

Distribute NFTs as vTokens through AMMs

NFT Collectors Benefit

Stablecoin farming

Utilize NFTX to maximize NFT value

Liquidity supplier

NFTs do not yield but vTokens may via DeFi

The NFTX Token

A total supply of 650000 NFTX tokens

Use NFTX tokens for organization influence

Who Is NFTX Governed By?

NFTX smart-contracts use upgradeable proxys

Reached consensus makes smart-contracts better

NFTX is community owned and ruled

NFTX Summary

Claim random or specific assets with your vTokens

Designed to facilitate trading of NFTs

ERC20 vTokens are created for each NFT in the vault

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