Flayer - rather than being limited to floor items
Flayer
rather than being limited to floor items
Screenshots
Hunter's comment
In this white paper, we introduce the ƒlayer protocol: a novel solution for providing fungible liquidity to non-fungible token (NFT) collections. Unique to ƒlayer is its use of Harberger Fees, ensuring immediate liquidity across all rarities of a collection, rather than being limited to floor items. This approach not only introduces an entirely new way to liquidate mid-tier and rare items but also catalyzes a fresh market for "Trade-Ups", where collectors can exchange multiple floor items for rarer ones. ƒlayer also introduces a Lockbox mechanism to allow users to access fungibility without giving up ownership of their NFT, as well as reservations (reserve NFTs for a later purchase) and re-listing (arbitrage mispriced items).
Link
https://www.flayer.io/whitepaper
This is posted on Steemhunt - A place where you can dig products and earn STEEM.
View on Steemhunt.com
Congratulations!
We have upvoted your post for your contribution within our community.
Thanks again and look forward to seeing your next hunt!
Want to chat? Join us on: