# Be Bera, Be Liquid

**Published by:** [CultyBera](https://paragraph.com/@cultybera/)
**Published on:** 2024-12-05
**URL:** https://paragraph.com/@cultybera/be-bera-be-liquid

## Content

NFT Fi applications are innovations and experiments that have contributed to solving the main problems non fungible assets face; being ILLIQUID, by providing features like Trading AMMs, Lending/Borrowing and options for NFTs. LiquidMintxyz is a native Berachain NFT platform which introduces a new opportunity for NFT collections and holders - LiquidMintxyz proposes the concept of Liquid-Backed NFTs, where NFTs are supported by the treasury. These backing aims to maintain market liquidity for these NFTs, potentially reducing extreme price volatility. The treasury backing could serve as a form of collateral protection for NFTs, ensuring they retain some value or liquidity even during market downturns. Read more here: https://mirror.xyz/0xkrauser.eth/Ln7_XQvqyBRCH1nFg8R8RAqXjO6HrObrbhySO2Us09UBeracult collection would be Liquid Backed on LiquidMint platform from Day 1 of launch. Although we would be backing with 50% of the mint funds raised, the backing treasury grows with time through fees generated from the collection activities and also yield accrued from Plug/Bera pool which we would be participating in, playing PoL. see hereThe Infiltration | CultyBeraSupply - 777 Mint Price: 10 BERA Minted: 523 NFTs The Strategic Reserve: 254 NFTs 50% of mint funds will be used to back the collection on Liquidmint.xyz. 10% of mint funds was used to sweep the collection on marketplace and will be distributed through BeraPlug's Brown Hole.https://beracult.gitbook.ioWe believe there is no limit to how much backing a collection’s treasury should be. Oooga Booga!

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