Liquid Collectibles allows users to use their NFTs to tokenize liquid fungible tokens.
Why tokenize an NFT?
By tokenizing an NFT you get NFT Indexes (NFTi). NFTi are liquid fungible tokens that have a 105:1 claim on an NFT from a given collection. You can use your tokenized NFTi to:
Add liquidity (LP), stake, and earn yield rewards
Collect an NFT from a collection (105 NFTi : 1 NFT)
Trade for other tokens in AMM like ApeSwap
Important: Please be aware that the exact same NFT you deposit in a collection may not be available later if you want to recover it since someone else could have collected it.
How can I tokenize NFTs?
Tokenizing NFTs is easy, just follow the steps below to become the happy #HODLer of some NFT Indexes.