What is NFTflow?

NFTflow is a platform for making ERC20 tokens that are backed by NFT collectibles. These tokens are called vault tokens, and (like all ERC20s) they are fungible and composable. With NFTflow, it is possible to create and trade tokens based on your favorite collectibles such as CryptoPunks, CryptoKitties, and Avastars, right from an exchange.

NFTflow's mission is to become the primary issuer of NFT vault tokens, allowing anyone to trade & invest in NFT markets without needing the underlying knowledge and expertise required when investing in individual assets. By doing so, NFTflow will function as a black hole for NFT assets.

Is NFTflow fully permissionless?

Yes, NFTflow contracts are fully permissionless on-chain contracts.

The NFTflow interface is built and maintained by the NFTflow DAO and will be open-sourced as soon as possible, for anyone to run locally when needed.

Who is working on NFTflow?

NFTflow is built by a decentralized autonomous organization (DAO) - a group of community members, contributors, and core members closely aligned to build the primary NFT liquidity hub. As NFTflow is an open organization, anyone anywhere may join to provide expertise and/or additional resources with the goal to grow NFTflow's success.

If you'd like to contribute to what NFTflow is building, feel free to join the community on Discord.

Does NFTflow charge any fees?

NFTflow does not charge any fees.

NFTflow allows vault creators to charge fees based on minting and redeeming NFTs in and out of the vaults. There are three fee options in V2 and are set to the following defaults for all DAO and new vault creations

  1. 5% Minting Fee

  2. 0% Random Redemption Fee

  3. 5% Targeted Redemption Fee

These fees are distributed as rewards to the liquidity providers for the vault.

Anyone providing liquidity to vaults can bypass minting fees by using a zap to automatically include liquidity. Learn more in the minting tutorial.

Can you get rewards from using NFTflow?

Yes. To encourage more liquidity for the vaults all fees that are generated from Buys and Sells (Minting and Redeeming) are passed to anyone that is staking their SLP against that vault. These rewards are paid out on a block-by-block basis, and are paid in the vault tokens you are using to stake.

You can see the APR for each of the different vaults on the NFTflow Staking page.


Who is the target audience of NFTflow?

There are three main target audiences for NFTflow: Investors, arbitrageurs, and NFT liquidity providers.

The main products are built for investors looking to buy and/or sell floor-priced NFTs without having to wait for a taker/maker on a secondary market.

The second audience we cater to are arbitrageurs, who can profit from ranging prices between NFT vault tokens and their underlying collaterals' floor prices on secondary markets. Arbitrageurs can use the products on nftflow website to interact directly with these pools.

A third audience we cater to are NFT liquidity providers, who can profit from providing additional liquidity and/or inventory to one or multiple NFT vaults. Liquidity providers may use the products on nftflow website to mint additional NFT vault tokens, which can then be supplied as liquidity.

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