GumBall Protocol is a hub for creating and trading Liquid NFTs. When a collection of NFTs is launched on GumBall Protocol, an accompanying amount of ERC20 tokens (GBTs) are created for that collection. These tokens are exclusive to the collection and are sold on a bonding curve, with the liquidity from the sales remaining in the bonding curves to serve as liquidity for the collection holders. This allows users to quickly swap in and out of GumBall NFT positions, stake their positions, borrow against them, and more.