Playground Waves Floor Index is a unique crypto project that uses $WAVES as a floor index for the widely recognized "Playground Waves" NFT Collection. This enterprise harnesses the innovative technology of Bridgesplit to make distinctive assets such as NFTs liquid and yield generative.
What is Playground Waves Floor Index?
The Playground Waves Floor Index revolves around the use of $WAVES, a floor index associated with the "Playground Waves" NFT collection. This index allows investors to gauge the minimum value of the NFTs within this specific collection, providing a measure of stability and predictability in a market known for its volatility.
Role of Bridgesplit Protocol
The Bridgesplit protocol plays an integral role in enabling Playground Waves Floor Index's unique functionalities. As a powerful tool, Bridgesplit facilitates the liquidity and yield generation of unique assets such as NFTs. The protocol has wide-ranging applications, including but not limited to marketplaces and games, all of which benefit from its innovative features.
Benefits of Playground Waves Floor Index
Aside from offering a floor index for the "Playground Waves" NFT Collection, Playground Waves Floor Index brings a multitude of benefits for its users. Ensuring the liquidity of unique assets and the generation of yields are among the key advantages. Additionally, it can foster a more predictable and stable NFT market by providing a base value for the assets within the indexed collection.
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