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Fungify

FungifyFUNG Price

FUNG Price

N/A

General Info

Contracts/Explorers:

Ethereum

0x0e4...dc58a
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Tags (Sub-Categories):

# Inactive

Funds and Backers

Description

Fungify integrates a marketcap weighted NFT index and an algorithmic lending protocol.

Fungify (FUNG) Chart

The Fungify to USD chart is designed for users to instantly see the changes that occur on the market and predicts what will come next.

Fungify Price Analysis

Trending Fungify Fiat Pairs
Fungify
€
Fungify to EUR
1 FUNG equals to N/A
Fungify
₽
Fungify to RUB
1 FUNG equals to N/A
Fungify
₩
Fungify to KRW
1 FUNG equals to N/A
Fungify
CN¥
Fungify to CNY
1 FUNG equals to N/A
Fungify
₹
Fungify to INR
1 FUNG equals to N/A
Fungify
Rp
Fungify to IDR
1 FUNG equals to N/A
Fungify
£
Fungify to GBP
1 FUNG equals to N/A
Fungify
¥
Fungify to JPY
1 FUNG equals to N/A
Fungify
₫
Fungify to VND
1 FUNG equals to N/A
Fungify
CA$
Fungify to CAD
1 FUNG equals to N/A

What is Fungify (FUNG)?

Fungify integrates a marketcap weighted NFT index and an algorithmic lending protocol to address liquidity challenges in the NFT and DeFi sectors. It features a MarketVault for automated liquidity provision to NFT holders, enabling instant sales or loans against NFTs. Additionally, Fungify introduces an NFT Index Token, $NFT, providing exposure to a curated set of NFTs, with staking yields from borrowers, and backed by NFTs in the MarketVault. This setup aims to unlock NFT ecosystem liquidity by merging DeFi functionality with NFT assets.