Fungify has entered into a partnership with NFT Price Floor to raise awareness of its recently launched NFT Index product.
The NFT Index offers unique benefits, including a single pool of consolidated liquidity from top blue-chip NFT collections, making it an accessible way for traders to gain exposure to high-value NFTs. As the Index is ERC-20-based, it allows traders to enter at any size, providing fractional ownership that is both scalable and flexible. Through this collaboration, Fungify and NFT Price Floor will work together to communicate these advantages through educational content and campaigns, helping the community navigate and understand the evolving NFT market.
About Fungify
Fungify offers two NFTFi applications: Pools and Index. Pools is a cross-chain lending protocol for NFT yields and loans. The Index is an NFT ETF that pools liquidity from top-tier NFTs, offering fractional exposure and yield opportunities on blue-chip collections.
About NFT Price Floor
NFT Price Floor was founded in 2021 as a user-friendly gateway and NFT data hub. We display up-to-date NFT stats, using a comprehensive NFT ranking model based on current floor price data and other key metrics.
*This partnership between Fungify and NFT Price Floor is focused on awareness and education. It is not an endorsement, guarantee, or financial recommendation of the NFT Index product.
NFT Price Floor Links: Website | Twitter
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Hi.
Could you please clarify on the price oracle for the NFT index. Your documentation says that you use your own oracle and the Reservoir solution. Does the new oracle complement the existing ones or replace one of them?