Ovols Project Introduction, Team, Financing and News

Performances

RD Popularity Index

3566.67% (24h)

0100200300400500

Project Rank: 2055/15395

RD Growth Index

1032.06% (24h)

0400800120016002000

Project Rank: 4731/15395

Comparison

Team

Swervor

Co-Founder

Follow Updates

Follow Lists

People

Details

Ovols is an NFT project on Solana that fractionalizes NFTs into fungible tokens (fNFTs) and builds liquidity pools around them. Users can deposit a single NFT into a vault and mint fractional tokens at a 1:1000 ratio; then deposit those fNFTs into a collection pool to receive pool tokens (e.g., $OVOL). Pool tokens can be traded via AMMs like Orca or Meteora, enabling NFT buying/selling or DCA strategies. To buy an NFT, users swap SOL for pool tokens, redeem fNFTs, and finally fuse them into the full NFT. The project also offers staking, where holding certain NFTs yields rewards. Its design aims to give NFTs the liquidity of fungible tokens, making them composable with DeFi protocols.

Tags:

NFT

NFT solutions

Ecosystem(1):

Solana

Founded:

2022

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