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MUSE DAODistribution of Muse staking reward
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 a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’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.CommunityAfter 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 consisten...
<100 subscribers
MUSE DAODistribution of Muse staking reward
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 a...
MUSE DAO2 years anniversary community update
It’s been 2 years since the launch of the Very Nifty game that lead to the creation of the Muse DAO: An NFT venture builder owned by the community. In this article, we’ll take the time to write about some of our past releases and see where we are going. For the lookback, our past releases fit in the NFT universe and will be listed in several categories: Trading, Gaming, Tools, and experiments.NFT TradingNFT20 is our flagship product. The first NFT exchange that enabled trading tokenized floor...
MUSE DAONFT20 & MUSE Community Update
The Tao of Pooh the BearIt’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.CommunityAfter 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 consisten...
Subscribe to MUSE DAO
<100 subscribers
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We are excited to announce that the community decided for $MUSE to be the main token of the NFT20 NFT dex.
NFT20 is a permissionless NFT DEX with the objectives of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.
Today we are launching 4 staking pools to help create liquidity for DOKI DOKI, NodeRunners and Chonk NFTs as well as for the MUSE-ETH pair.
The NFT20 platforms makes a 5% fee of every tokenized NFT, those tokens can be exchanged back to NFTs or sold on Uniswap for profits and speculation.
By mining $MUSE you get 2 value propositions:
You can sell on Uniswap right away for profits.
Or Keep $MUSE and take a cut from all the fees the NFT20 DEX generates, when the fees are distributed you’ll get tokens from Doki Doki NFTs, NodeRunners, Chonker and all the future assets that are added to the NFT20 dex.
This acts as a diversification method for the NFT industry as you can always liquidate those tokens that represent the base value of each NFT project.
In the long term $MUSE could be used as a hedge against the NFT industry.
Strategize wisely.
Add liquidity to one of the following pairs on Uniswap:
And stake the LP tokens you get on https://nft20.io/farm, you’ll get daily $MUSE rewards.
In NFT20 anyone can deposit an NFT in the right pool and get the ERC20 tokens derivatives of that NFT, so to get the tokens you can lock an NFT from those projects into NFT20, or you can buy those tokens on Uniswap.
Note that you can claim back any NFT that is available in the pools by depositing 100 tokens back.
We are excited to announce that the community decided for $MUSE to be the main token of the NFT20 NFT dex.
NFT20 is a permissionless NFT DEX with the objectives of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.
Today we are launching 4 staking pools to help create liquidity for DOKI DOKI, NodeRunners and Chonk NFTs as well as for the MUSE-ETH pair.
The NFT20 platforms makes a 5% fee of every tokenized NFT, those tokens can be exchanged back to NFTs or sold on Uniswap for profits and speculation.
By mining $MUSE you get 2 value propositions:
You can sell on Uniswap right away for profits.
Or Keep $MUSE and take a cut from all the fees the NFT20 DEX generates, when the fees are distributed you’ll get tokens from Doki Doki NFTs, NodeRunners, Chonker and all the future assets that are added to the NFT20 dex.
This acts as a diversification method for the NFT industry as you can always liquidate those tokens that represent the base value of each NFT project.
In the long term $MUSE could be used as a hedge against the NFT industry.
Strategize wisely.
Add liquidity to one of the following pairs on Uniswap:
And stake the LP tokens you get on https://nft20.io/farm, you’ll get daily $MUSE rewards.
In NFT20 anyone can deposit an NFT in the right pool and get the ERC20 tokens derivatives of that NFT, so to get the tokens you can lock an NFT from those projects into NFT20, or you can buy those tokens on Uniswap.
Note that you can claim back any NFT that is available in the pools by depositing 100 tokens back.
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