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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...
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Subscribe to MUSE DAO
<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...
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Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 token derivatives of their NFTs in a permission-less way. Those tokens can be transferred and traded on DEXes right away. You can also swap your NFT for any other NFT of the same pool, no need to tokenize.
Additionally we offer other NFT features such as Flashloans.
This enable NFT collectors to trade NFTs in really liquid ways like traders are used to on Uniswap like exchanges.
For every NFT deposited in its corresponding NFT20 pool, the contract will create 100 ERC20 tokens that belong to that NFT project. 95 tokens will go to you and 5 is the DEX fee that gets equally distributed to $MUSE token holders.
Those tokens have several use cases right away:
If there is enough liquidity for those tokens on Uniswap, you can go ahead and sell them for profit.
If a Dutch auction is active for a higher value NFT, you can bid on the auction with those tokens and thus exchange some of your lower value NFTs for higher value ones.
You can exchange 100 tokens for any of the NFTs available on the NFT20 pool, thus swapping NFTs for NFTs in a permissionless way.
If you do not wish to tokenize your NFT you can swap it for any other NFT of the same pool by simply toggling the “swap NFT to NFT” toggle at the top right of the pool.
For more details you can go to our documentation our join the community on discord.
Since our launch 3 months ago on mainnet we already settled 6k trades for a volume of $6M in NFT traded value. Thanks to the really accessible transaction fees, a lot of growth on NFTs/games has happened on Matic.
In the past few weeks we worked hard to be able to provide the NFT20 platform to Matic users.
We’re excited to join awesome NFT projects we’ve been following like Cometh and Doki in this new adventure and opening a lot of new use cases and experiments due to the low network fees on Polygon.
To get started trading, swapping and tokenizing your NFTs on Polygon go to our site https://polygon.nft20.io
Anyone with an NFT can create a new pool or add his NFT to an existing pool and get ERC20 token derivatives of their NFTs in a permission-less way. Those tokens can be transferred and traded on DEXes right away. You can also swap your NFT for any other NFT of the same pool, no need to tokenize.
Additionally we offer other NFT features such as Flashloans.
This enable NFT collectors to trade NFTs in really liquid ways like traders are used to on Uniswap like exchanges.
For every NFT deposited in its corresponding NFT20 pool, the contract will create 100 ERC20 tokens that belong to that NFT project. 95 tokens will go to you and 5 is the DEX fee that gets equally distributed to $MUSE token holders.
Those tokens have several use cases right away:
If there is enough liquidity for those tokens on Uniswap, you can go ahead and sell them for profit.
If a Dutch auction is active for a higher value NFT, you can bid on the auction with those tokens and thus exchange some of your lower value NFTs for higher value ones.
You can exchange 100 tokens for any of the NFTs available on the NFT20 pool, thus swapping NFTs for NFTs in a permissionless way.
If you do not wish to tokenize your NFT you can swap it for any other NFT of the same pool by simply toggling the “swap NFT to NFT” toggle at the top right of the pool.
For more details you can go to our documentation our join the community on discord.
Since our launch 3 months ago on mainnet we already settled 6k trades for a volume of $6M in NFT traded value. Thanks to the really accessible transaction fees, a lot of growth on NFTs/games has happened on Matic.
In the past few weeks we worked hard to be able to provide the NFT20 platform to Matic users.
We’re excited to join awesome NFT projects we’ve been following like Cometh and Doki in this new adventure and opening a lot of new use cases and experiments due to the low network fees on Polygon.
To get started trading, swapping and tokenizing your NFTs on Polygon go to our site https://polygon.nft20.io
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