👷What is the Decenta Protocol?
Decenta Protocol is an NFT swaption hedging protocol that protects users from the risk of NFT price fluctuations. Through a portfolio of various NFT options, a new NFT liquidity protocol has been constructed to allow users to gain more risk-return.
Decenta Protocol offers NFT call and put options. Creators get call options by staking NFTs and put options by providing the underlying asset. Users can swap options and exercise them immediately to gain additional income on the platform.
Last updated