Floor Protocol has recently announced the launch of its V2 beta, a significant advancement for the world’s first NFT index that allows users to earn yield on NFTs. Users can access their V1 assets through the platform, representing a major milestone for Floor Protocol. The protocol is powered by a DAO model, enabling continuous NFT sweeping and yield generation by putting NFT assets to work in DeFi.
The DAO model is designed to create a continuous sweeping mechanism backed by NFT-Fi strategies and protocol-owned products. This approach provides governance value to FLOOR token holders, who can decide which NFT collections to sweep and support. The goal is to achieve larger weekly sweeps through the Floor Wars, ultimately benefiting both users and the NFT ecosystem as a whole.
Floor Protocol’s V2 beta release marks a significant advancement for the protocol and the broader NFT and DeFi industries. The protocol enhances sweeping and yield-earning capabilities, enabling users to capitalize on NFT assets more effectively. The release of V2 signifies progress for decentralized projects such as Floor Protocol, offering users greater control over the future of the protocol and the areas it focuses on.
By enhancing sweeping and yield-earning capabilities, Floor Protocol aims to facilitate fluidity and capitalization on NFT assets. This advancement is expected to benefit the NFT ecosystem as a whole, providing FLOOR token holders with the power to vote on the protocol’s future direction and areas of interest. The release of the V2 beta represents a significant step forward for Floor Protocol and the broader NFT-Fi industry.
The launch of Floor Protocol’s V2 beta represents a major milestone in the evolution of NFT-Fi liquidity layers. The protocol’s DAO model enables continuous NFT sweeping and yield generation, providing governance value to FLOOR token holders. This approach allows users to participate in Floor Wars and influence the direction of the protocol, ultimately benefiting the NFT ecosystem as a whole.
Overall, Floor Protocol’s V2 beta release represents a significant advancement in the world of NFT-Fi, enabling users to earn yield on NFT assets and participate in the governance of the protocol. By empowering users with the ability to decide which NFT collections to sweep and support, Floor Protocol is revolutionizing the way users interact with NFTs and DeFi. Stay tuned for more updates on Floor Protocol and its innovative approach to NFT-Fi liquidity layers.