What Is Fracton (FT)?
Fracton Protocol is an NFT-based liquidity infrastructure that releases the financial attributes from NFT collectibles by fractionalizing NFT and that eliminates some issues of other NFT liquidity infrastructures, such as low efficiency, high transaction fee, and limited application. The protocol is implemented as a set of smart contracts, like meta-swap, to prioritize censorship resistance, security as well as gas efficiency.
For example, Fracton collaborates with Exchanges to build NFT ETF and provide an efficient and smooth fractionalized NFT trading experience for users. With a well-established NFT ETF, This is able to solve NFT price feed problems for multiple scenarios, such as NFT oracle, NFT lending, NFT perp, etc.
FT is the native utility token that is used for: Incentivize the interactive activities on Fracton Protocol Used for governance votes to determine incentive proportions via vote-escrow FT
Fracton is open to any individuals or organizations to involve their NFT collections in Fracton ecosystem. They aims to allow everyone to “Buy your favorite top NFT in any amount”.
Important Points Table Of Fracton
| Basic | Points |
|---|---|
| Coin Name | Fracton |
| Short Name |