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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
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Starting today we added 2 new pools to our liquidity provider incentive program!
$MEME20 and $MASK20 holders can now earn $MUSE when they add liquidity on Uniswap with ETH, simply deposit your LP tokens on nft20.io/farm and start earning rewards.
The MASK20 pool gets 62 $MUSE a day as rewards.
All other pools (meme20, doki20, ndr20 and chonk20) will get 47 $MUSE a day as rewards.
Click here to check out the Hashmasks pool on NFT20
NFT20 is a permissionless NFT DEX with the objective of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.
You can deposit any Hashmasks NFTs into the pool and get 95 $MASK20 back, you can use MASK20 to add liquidity on Uniswap and trade MASK20-ETH.
You can deposit 100 $MASK20 back into the pool at any time and choose which MEME NFT to redeem. The 100 $MASK20 you deposit gets burned.
It is advised to lock common NFTs into the general pool as you’ll get the same 95 $MASK20 tokens for all NFTs, no distinction.
If you have a rare Hashmask NFT, you can create a dutch auction within the asset page and set your own price in $MASK20.
To get back an NFT from the pool you can either swap your Hashmask NFT directly to another NFT available on the pool, or buy 100 $MASK20 on Uniswap and buy an NFT from the pool.
Based on our past pools, there is a lot of arbitrage that can be had once liquidity is added to $MASK20-ETH.
The goal of the NFT20 pools is to create a price floor for common NFTs and make them liquid on Uniswap.
Think creatively and you might find some nice arbitrage opportunities.
Besides the regular Ethereum Gas fees, When you tokenize an NFT the pool contract mints 100 tokens, 95 go to you and 5 go to our factory to be distributed to $MUSE holders.
There are no fees for swapping, or when getting back a Hashmask NFT from the pool but you’ll need 100 MASK20 to get a Hashmask back.
Starting today we added 2 new pools to our liquidity provider incentive program!
$MEME20 and $MASK20 holders can now earn $MUSE when they add liquidity on Uniswap with ETH, simply deposit your LP tokens on nft20.io/farm and start earning rewards.
The MASK20 pool gets 62 $MUSE a day as rewards.
All other pools (meme20, doki20, ndr20 and chonk20) will get 47 $MUSE a day as rewards.
Click here to check out the Hashmasks pool on NFT20
NFT20 is a permissionless NFT DEX with the objective of bringing liquidity to NFT projects and finding the right price for users, collectors and funds for investing into NFTs.
You can deposit any Hashmasks NFTs into the pool and get 95 $MASK20 back, you can use MASK20 to add liquidity on Uniswap and trade MASK20-ETH.
You can deposit 100 $MASK20 back into the pool at any time and choose which MEME NFT to redeem. The 100 $MASK20 you deposit gets burned.
It is advised to lock common NFTs into the general pool as you’ll get the same 95 $MASK20 tokens for all NFTs, no distinction.
If you have a rare Hashmask NFT, you can create a dutch auction within the asset page and set your own price in $MASK20.
To get back an NFT from the pool you can either swap your Hashmask NFT directly to another NFT available on the pool, or buy 100 $MASK20 on Uniswap and buy an NFT from the pool.
Based on our past pools, there is a lot of arbitrage that can be had once liquidity is added to $MASK20-ETH.
The goal of the NFT20 pools is to create a price floor for common NFTs and make them liquid on Uniswap.
Think creatively and you might find some nice arbitrage opportunities.
Besides the regular Ethereum Gas fees, When you tokenize an NFT the pool contract mints 100 tokens, 95 go to you and 5 go to our factory to be distributed to $MUSE holders.
There are no fees for swapping, or when getting back a Hashmask NFT from the pool but you’ll need 100 MASK20 to get a Hashmask back.
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