What is the FRAKT protocol?

It is a set of products designed to unlock liquidity from both expensive and floor NFTs so that this liquidity can then be used in DeFi. Users & communities can pool, fractionalize and borrow against their illiquid NFTs in order to
Unlock liquidity instantly
Generate sustainable yields
Empower their communities

Our products 
​Pools - Buy, sell and swap NFTs instantly
Users can add their NFTs into a Collection specific NFT Pool to receive the associated fungible pool tokens in exchange for their contribution to the pool. Pool tokens can then be instantly swapped for $SOL or $USDC liquidity, or used to redeem specific/random NFTs from the pool. Users can therefore buy, sell and swap NFTs instantly. This product is targeted at floor price NFTs. Every interaction with an NFT pool is rewarded with FRKX. As a project or DAO, creating a liquid NFT Pool for your collection will create market arbitrage opportunities bringing an overall higher volume for the collection therefore generating both pool fees and higher marketplace royalties. Pool & Marketplaces are therefore complementary
​Earn  - Earn by providing liquidity to the protocol
Users and communities can stake their pool tokens to earn 80% of the fees generated by each interaction with the pool. For projects and DAOs owning floor NFTs, providing some of their inventory to the pool and becoming the initial liquidity provider is a great way to unlock an additional revenue source. Additionally users can lend liquidity to borrowers.
​Loans  - Borrow from the protocol using your NFTs or pool tokens as collateral
Users can get $SOL or $USDC liquidity using their NFTs or pool tokens as collateral. Every loan taken is rewarded with $FRKX. At start, 50% of the fees generated from the borrowing product will be shared to the associated projects or DAO. Becoming a whitelisted borrowing collection on the Frakt protocol is therefore another great way to unlock an additional revenue source for your project or DAO 
​Vaults  - Fractionalize single or multiple NFTs (baskets) and trade them
Users and communities can fractionalize single or multiple NFTs (NFT Baskets) into fungible fraktions. A vault is the entity that locks the NFT, issues the tokens linked to the fraktionalization and manages the buyout process. Fraktions can then be sold, distributed to communities or provided as liquidity to earn trading fees. This product is targeted at expensive/rare NFTs & collections.
​Guard - Initial Liquidity Offering protocol for NFT collection aimed to prevents rugs
New NFT collections to be minted and Launchpads can use our “Initial Liquidity Offering” (ILO) solution in order to ensure post mint liquidity, therefore preventing rugs and making teams more accountable. Part of the SOL raised during the mint is automatically added and locked as $TOKEN/$SOL pool liquidity. Minters can then instantly sell and reroll their newly minted NFTs
Our Roadmap
​https://trello.com/b/jt9JRdLg/frakt-public-roadmap​