NFTFi Weekly #4

Tensor announced trading rewards for Madlads.

Tensor | Pro NFT Trading 📈⚡️

@tensor_hq

Ngl these look MAD in our UI

Reminder that anyone who:

Trades MadLads exclusively on Tensor

Places bids, listings or MM orders

Is MAD at heart

will be airdropped these. First raffle will end 30th April, distributing swept Lads

GOOD LUCK WITH TODAY'S MINT EVERYONE!

Madlads is the first NFT collection created by Backpack, the next generation Solana-based crypto wallet. There has been a huge demand for trading Madlads, and within 24 hours, it generated $6 million in trading volume.

Tensor has announced that they will distribute all trading fees from Madlads collections and do an airdrop for anyone who trades MadLads exclusively on Tensor, places bids, listings, or MM orders. The first raffle will be held on April 30th.

Astaria revealed its interface.

Astaria

@AstariaXYZ

pardon our dust

Astaria is an NFT lending market that offers instant liquidity. It was built by Justin Bram and Joseph Delong (formerly the CTO of Sushiswap). Astaria has raised 8 million dollars in funding which was announced June 2022.

After almost a year, they have started to showcase more about what has been developed, with product release in the coming months. To keep up with the product's progress, you can subscribe to this link: https://astaria.xyz

The Tribe3 mainnet is scheduled to go live on May 3rd.

Tribe3 | Public Beta on 3rd May 🚀

@Tribe3Official

The wait is over

Tribe3 Public Beta will go live on 3rd May

Get your $WETH ready on @arbitrum

More details coming soon - Stay tuned

#Tribe3 #mainnet #arbitrum #airdrop #$Tribe3 #Tribe3points #NFTFutures #NFTFi

Tribe3 is a decentralized perpetual exchange for NFTs that uses a modified vAMM model (inspired by the original design from Perpetual Protocol).

With the upcoming public beta on Arbitrum scheduled on 3rd May, users will be able to trade BAYC, MAYC, Azuki, and Punk with up to 5x leverage on mainnet.

NFTY Finance V3 is now live on testnet

NFTY.Finance | Testnet LIVE 🔴

@NFTYFinance

1/ V3 of the NFTY Finance borrowing and lending protocol for NFTs is NOW LIVE

on @0xPolygon testnet (mumbai).

We're also supercharging $NFTY liquidity on Polygon with @ape_swap T-bills

Check out our new rewards on the protocol below

testnet.nfty.finance

NFTY Finance is an NFT money market that enables lending and borrowing on Polygon. NFTY Finance uses a peer-to-peer model, where lenders create a "shop" with customized interest rates and loan-to-value ratios. In this testnet, users will be able to test out all core functions, such as lending, borrowing, and creating a shop.

INSRT Finance opened Pudgy Penguins Shard Vault.

insrt finance (PUDGY VAULT LIVE)

@insrtfinance

Our Multi Asset @pudgypenguins Vault
is going live April 20th!!

400 Shard Supply

0.125ETH per Shard

Eligible for insrt finance airdrops

weenis

On April 22nd, INSRT Finance has launched the Pudgy Penguins Shard Vault, which combines Pudgy Penguins, Rods, and Lil Pudgies.

By participating on this shard vault, users can earn yield from varied strategies INSRT Finance will announce later. Here’s the link to the vault: https://app.insrt.finance/vaults/0x8facab18b9f4cd1a9f90876290c9bfa238cd4e45

Spice Finance opened Flagship Vault.

Spice Finance

@spice_finance

The new Flagship Vault from Spice is live

It's the most permission-less way to do these 3 things:

- Participate in NFT Lending

- Get early exposure to NFT Finance

- Earn competitive $ETH yield

We're keeping an

on who's early

Flagship Vault is the first public lending vault from Spice Finance that represents a medium-risk strategy by allocating capital to BendDAO, DropsDAO, NFTfi, Arcade, X2Y2, and ParaSpace. Users can now deposit WETH into the vault and earn yield from it.

Spice has also hinted as rewarding early participants so perhaps keep an eyes on it.

Wasabi pass was successfully minted out.

Wasabi 🟢

@wasabi_protocol

Attention BASED DEGENS !

WE HAVE MINTED OUT!

Thanks to the amazing support of our community and partners !

The journey doesn't end here! We are excited to drop some more alpha soon, and mainnet trading launch is on the horizon. Stay tuned for more updates and join…

Following up on what we covered in NFTFiWeekly #1, on April 20th, Wasabi Protocol has opened for partnership and collection whitelist minting of their Wasabi pass.

By holding this pass, the holder gains access to the mainnet beta and additional utilities to be announced later.

Protecc Labs and Baton Finance partnered to empower new NFT collections.

Protecc Labs

@Proteccxyz

Protecc Labs and @BatonFinance are partnering to empower new NFT collections with a dynamic liquidity profile right after their mint.

Protecc is an algorithmic market maker that specializes in supporting NFT liquidity, whilst Baton Finance is an NFT launchpad that offers guaranteed liquidity. Through this partnership, they will work together with collection founders to facilitate liquidity of launched markets, regardless of market conditions. Baton will set up the infrastructure, and at the same time Protecc provides market-making services.

Abacus released an update version 1.1.

Abacus 🧮

@abacus_wtf

Abacus 1.1 aims:

1) Enhance the borrower and lender experiences.
2) Lower opportunity cost of usage for active NFTfi participants by introducing integrations with @NFTX_, @sudoswap, @caviarAMM

Read more: medium.com/abacus-wtf/aba…

Abacus is an innovative money market that allows users to appraise NFTs by depositing liquidity in the pool. Users can also lend or borrow NFTs on Abacus.

With this update, Abacus has done lots of works to improve the borrower and liquidity provider (LP) experience. It also integrates with Sudoswap, Caviar, and NFTX, allowing users to use their LP tokens as collateral.

For more information, see the full article at this link: https://medium.com/abacus-wtf/abacus-patch-notes-v1-1-d96c60b1721b

NFTFi Weekly #4

Vamient.xyz

NFTFi Weekly #4

NFTFi Weekly #4

Back to business as usual post ETHTokyo

Vamient.xyz and Auris