FloorDAO’s vision is simple — bridge the gap between DeFi and NFTs, creating novel yield strategies and use-cases. To do this, FloorDAO is going to disrupt how the current NFT market operates by stepping in as the largest decentralized NFT market maker and providing: (1) Deeper (and instant) liquidity for NFT holders. (2) Composability with DeFi and other use-cases. (3) Protocol owned liquidity to strengthen floor support for NFT collections.
The First Decentralized NFT Market Maker
FloorDAO will sweep the floor inventory (through Olympus-style bonding) of community-voted blue-chip projects to create deep liquidity for the collection. This liquidity allows traders to instantly buy, sell and swap their assets with marketplace fees that flow back to the FloorDAO treasury. FloorDAO members will in turn reap the rewards of high yields by unlocking NFTs as a yield-generating asset class.