What is the FRAKT protocol?

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The FRAKT protocol (frakt.xyz) is a DeFi x NFT protocol that makes NFTs liquid, safe & accessible to everyone

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
TL;DR available on Twitter :  Fundraising announcement and FRAKT's story​
Our products 
​Loans  - Borrow from the protocol using your NFTs or pool tokens as collateral
Users can get $SOL liquidity using their NFTs or pool tokens as collateral. 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 
​Lending - Deposit SOL into the lending liquidity pools to earn the interest paid by the borrowers
​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. 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
​Liquidity & Inventory Staking - Stake pool tokens to earn the fees generated by the pools
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
​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

Trade - Long and short NFT collections

Work in progress....

Bonds - Take exposure on Solana blue chip NFTs and earn yield on top of it

Work in progress....
Our Roadmap
​https://trello.com/b/jt9JRdLg/frakt-public-roadmap​
Our Holder Benefits
💰 Sustainable passive income and Discounts for holding our NFTs (Frakts & Gnomies)

💰 Sustainable passive income, Discounts and protocol-related financial advantages for holding our (upcoming) IDO token $FRKX​

Next - LOANS

Introducing FRAKT Loans

Last modified 1mo ago

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Outline

Our products

Our Roadmap

Our Holder Benefits

Our products

​Loans - Borrow from the protocol using your NFTs or pool tokens as collateral

​Pools - Buy, sell and swap NFTs instantly

​Liquidity & Inventory Staking - Stake pool tokens to earn the fees generated by the pools

​Vaults - Fractionalize single or multiple NFTs (baskets) and trade them

​Guard - Initial Liquidity Offering protocol for NFT collection aimed to prevents rugs

Our Roadmap

​https://trello.com/b/jt9JRdLg/frakt-public-roadmap​

Our Holder Benefits

Loans - Borrow from the protocol using your NFTs or pool tokens as collateral

Pools - Buy, sell and swap NFTs instantly

Liquidity & Inventory Staking - Stake pool tokens to earn the fees generated by the pools

Vaults - Fractionalize single or multiple NFTs (baskets) and trade them

Guard - Initial Liquidity Offering protocol for NFT collection aimed to prevents rugs

https://trello.com/b/jt9JRdLg/frakt-public-roadmap