BAYC Vault (NFTX) (BAYC)
Details about BAYC Vault (NFTX) cryptocurrency
€166
2
1
Unknown
https://nftx.org/
@nftx_
BAYC Vault (NFTX) price charts
BAYC exchanges
BAYC Vault (NFTX), the crypto
BAYC Vault (NFTX) (BAYC) is a decentralized finance (DeFi) protocol that allows users to buy, sell, and trade non-fungible tokens (NFTs), specifically Bored Ape Yacht Club (BAYC) NFTs, which are digital collectible assets on the Ethereum blockchain.
The point
The main point of BAYC Vault (NFTX) (BAYC) is to enable users to pool their BAYC NFTs together into a shared vault to increase liquidity and trading capacity, while also earning fees on the NFTs that are held within the vault.
The problem
BAYC Vault (NFTX) (BAYC) aims to solve the problem of illiquidity in the NFT market by creating a platform that allows users to exchange and trade NFTs more easily. By pooling BAYC NFTs into a shared vault, the protocol increases the supply of BAYC NFTs available for trading and makes it easier for investors to buy and sell these digital assets.
Compare BAYC and BTC performance
Timeframe | BAYC | BTC |
---|---|---|
1h change | 0 % | -0.434243 % |
24h change | 0 % | 0.748949 % |
7 day change | 0 % | 6.28102 % |
14 day change | 0 % | 4.81165 % |
30 day change | 0.05 % | 23.3841 % |
200 day change | -50.07 % | 170.377 % |
Year change | -57.45 % | 155.76 % |