💧What is Hybrid DeFi?
Definition:
A fixed supply cryptocurrency that combines both NFTs and fungible tokens into ONE hybrid asset.
Infographic Representation:
Benefits of Hybrid DeFi:
Hybrid NFTs | 2-way Hybrid Swap | Hybrid Tokens |
---|---|---|
Wraps tokens into 1 asset | Swap between NFT or Fungible token at ANY time | High supply & divisibility |
Allows for transacting tokens in bulk | Enables instant liquidity for NFTs | Unlimited distribution potential |
Trading with no negative price impact on token chart | Trustless & automated escrow system via on-chain program | Low unit bias |
Tradable on Magic Eden, Tensor, OKX, etc… | Can add swap fees, re-roll mechanics & other gamification | Highly liquid |
Unique PFP art & rarity | Introduces arbitrage opportunities between NFT & token markets | Exposes NFT collection to DeFi ecosystem |
Can have separate utility & value from the token | Enables NFT collections to utilize fungible tokens WITHOUT dilution | Tradable on DEX & CEX |
Floor price & market cap driven by pegged token | Earn LP fees | |
Removes financial barrier to entry, promotes inclusivity | ||
Capture the attention and volume of “memecoin mania” |
Explainer Video:
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