What protocol is Caviar LPing?

Caviar is an NFT AMM protocol for trading NFTs

Function:

1. Support the fragmentation of NFT through the ERC20 token standard

2. Provide a unique "Desirability Classifier" system

3. Caviar main pool: There are multiple independent price curves to show NFT liquidity

Purpose:

1. Increase the liquidity of rare NFTs

2. Incentivize the trading activities of liquidity providers (LPs)

How to make money?

Strategy: LP in active pools with ETH and NFT

LPs earn from a 1% fee charged on each Caviar NFT swap

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