"NFTY is a DeFi utility token used to create a reputation layer for NFT auctions, employing gamified staking and "farming" activities to crowdsource reputation data. The process uses economic incentives and rewards funded from 7.5% of the final payout of any auction which uses the NIFTY protocol. The reward is distributed to a pool of “endorsers” or “advocates” in proportion to each token holder's respective endorsement allocation amount, in NFTY tokens, to auctions on NFT exchanges which support the protocol. This incentive gives the participants the challenge of defining the best strategy to “endorse” auctions based on their ability to close the sale, possible amount of the final payout, quality of the NFT being auctioned, and the number of other advocates currently endorsing the auction. The reward is distributed proportionally to the social power of all advocates: i.e. if Person A allocates 10 NFTY to an auction and Person B allocates 20 NFTY to it, Person A gets 1/3 of the 7.5% advocacy reward. During an auction's bidding period, allocated NFTY tokens are locked and unable to be unstaked until after that auction is completed and the NFT is sold, at which point allocated NFTY tokens are unlocked for reallocation or unstaking. This creates a multitude of possible strategies without incentivizing the endorsement of non-sellable, low-quality, or fraudulent products and spammy content as doing so is not economically viable. Overall, this acts as a filter and data analytics platform where a user can determine the degree of desirability and expected sale and potential value of an NFT. The token supply has no cap, but can only be increased through staking which yields a 13.579% APR. Staking is required to enable the endorsement/advocacy mechanisms."
Daily trade volume is 52.07 BRL.
The NFTY DeFi Protocol price today in BRL is 0.00908976. Through the NFTY DeFi Protocol price history, the price ranges from 5.14 BRL (all time high) to 0.00505595 BRL (all time low). NFTY DeFi Protocol price last 24 hours fluctuated from 0.00909922 BRL (24h high) to 0.00908592 BRL (24h low).
Check the NFTY DeFi Protocol value today and exchange rates with more than 15 cryptocurrencies and fiat currencies including USD EUR GBP CNY JPY BRL RUB UAH INR CZK VND TRY CHF SEK BTC ETH BNB
Homepage: https://www.nftytoken.app/
Block explorers: https://etherscan.io/token/0x3085154623f51b00dedfc6ceeb5197277a66b17b https://ethplorer.io/address/0x3085154623f51b00dedfc6ceeb5197277a66b17b
Forums:
Twitter: https://twitter.com/NFTYtoken/
NFTY DeFi Protocol live price may differ in various exchanges. Check NFTY real-time data to make informed decisions.
You can buy NFTY DeFi Protocol on decentralised or centralised exchanges, via p2p transfers or in individual direct transactions. REVENUEBOT offers an automated trading bot that helps among other things to buy and sell NFTY at predefined levels. This way, no matter, day or night, there is no chance to miss the next move. The REVENUEBOT NFTY DeFi Protocol trading robot will buy and sell following the strategy chosen by you.
In short, yes. But manual transactions, however fast, still can not be done in less than a second. That is why automated trading took over both traditional and crypto financial markets. Use the current price of NFTY DeFi Protocol and trade with REVENUEBOT in less than a second.
In short, only if the current value of NFTY DeFi Protocol will be less than the value of NFTY DeFi Protocol at the moment of selling in the future. The NFTY DeFi Protocol chart can only assist the NFTY DeFi Protocol value today versus tomorrow, or the distant future. No one can guarantee you the profit but the REVENUEBOT is free until it brings you money. Please note that information concerning current NFTY DeFi Protocol value or any other information on this page can not be considered investment, trading, financial advice or any sort of recommendation to act in the financial market. The content is provided for informational purposes only.
The answer to these questions depends on the NFTY supply. Check the NFTY DeFi Protocol live chart to see the current supply and predict how long it will take for the coins to run out.
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