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Very Nifty
The Tao of Pooh the Bear

It’s been a while since the last community update, in part because we’ve been growing and working on so many things that we didn’t have time to write one, but time is due.

Community

After 9 months of daily product iteration and investing time in the community, we are really happy with the state of things and enjoy more than ever the every day of coming to discord and discussing ideas, laughing with, and getting mad at anon pepes, a dream come true.

We also see a consistent uptick in contributors, here are a few mentions of latest contributors:

Danner.eth


What is NFT20?

NFT20 is a permissionless p2p protocol to tokenize NFTs and make them tradable on decentralized exchanges such as UniSwap or Sushiswap.

Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 Token derivatives of their NFTs in a permission-less way, those tokens can be transferred and traded on DEXes right away. You can also swap your NFT for any other NFT of the same pool, no need to tokenize.

NFT20 also allows you to own a fractional share of an NFT in the collection. For example, if you own 50…


A few weeks ago we announced the start of single $MUSE staking to earn $MUSE bought back using the NFT20 protocol fees. We decided to migrate to a new staking contract that offers more flexibility and safety based on the xSushi smart contract:

  • The new contract issues Staked Muse (sMUSE), an ERC20 that offers a new range of use cases for the $Muse ecosystem.
  • The first contract had an arithmetic error spotted by Bailey T that could have locked forever some $Muse on the contract in the long term after distribution started.

Steps:

If you didn’t stake yet your $Muse:

  • Visit…


What is NFT20?

NFT20 is a permissionless p2p protocol to tokenize NFTs and make them tradable on decentralized exchanges such as UniSwap or Sushiswap.

Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 Token derivatives of their NFTs in a permission-less way, those tokens can be transferred and traded on DEXes right away. You can also swap your NFT for any other NFT of the same pool, no need to tokenize.

NFT20 also allows you to own a fractional share of an NFT in the collection. For example, if you own 50…


Today we are excited to announce that all MUSE holders can start earning protocol fees by staking their MUSE on NFT20.

You can stake your MUSE at any time over at nft20.io/farm to start getting a share of the fees earned by the protocol, the fees will be deposited periodically, so far ~$120,000 fees earned that will be start being deposited over the coming months.

The Muse distributed to the stakers are a result of our Muse buyback program from the protocol fees. …


Gutter Cat Gang collectors deposit their NFTs and get $GCG(the ERC20 derivative of Gutter Cat Gang NFTs), they can use those tokens to provide liquidity on the GCG/ETH Uniswap pool and potentially earn $MUSE in the future or just speculate on the floor price of the collection

What is NFT20?

NFT20 is a permissionless NFT DEX with the mission of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.

Once liquidity is added to Uniswap it allows collectors to buy and sell those NFTs with Eth in once click thanks to our novel…


We are excited to announced that we successfully diversified part of the MUSE treasury into $750k DAI based on this governance vote

DeFiance Capital and Stake Capital have joined NFT20 and MUSE as strategic investors, supporting the core team and community with valuable experience and resources as we continue to develop liquidity and DeFi solutions for NFTs.

Defiance Capital— founded by Arthur Cheong (@Arthur_0x) is a leading DeFi focused Cryptoasset Fund combining fundamental research and active involvement strategy.

Stake Capital — Founded by Julien Bouteloup (also member of Blackpool DAO and StakeDAO) provides financial instruments and services on top of…


Bored Ape Yacht Club collecors deposit their NFTs and get $BAYC20(the ERC20 derivative of BAYC NFTs), they can use those tokens to provide liquidity on the BAYC/ETH Uniswap pool and earn $Muse or just speculate on the floor price of the collection

What is NFT20?

NFT20 is a permissionless NFT DEX with the mission of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.

Once liquidity is added to Uniswap it allows collectors to buy and sell those NFTs with Eth in once click thanks to our novel protocol!

How does the $BAYC pool work?

Advanced users can deposit…


It’s been a while since we did a community update so we thought of sharing what we are up to.

Learnings

As the bull market entered into full effect this past month, most degens got enticed into “dog coins” and other type of meme speculative schemes, it has been hard to take our users seriously when they complain of things on our fully working and utility based app, but will spend most of their money and time on pure speculative dog coins with no development at all.

Add to that the current state of the industry where ONLY 1% of apps…


What is NFT20?

Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 token derivatives of their NFTs in a permission-less way. Those tokens can be transferred and traded on DEXes right away. You can also swap your NFT for any other NFT of the same pool, no need to tokenize.

Additionally we offer other NFT features such as Flashloans.

This enable NFT collectors to trade NFTs in really liquid ways like traders are used to on Uniswap like exchanges.

For every NFT deposited in its corresponding NFT20 pool, the contract will create…

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