NFT Cash - Essential information on the Yield Generating Protocol for NFTs.

NFT Cash

Essential information on the Yield Generating Protocol for NFTs.

NFT Cash is algorithmic stablecoin for NFT. yNFT is the Yield Generating Protocol for NFTs. Having learned immensely from the contributions at YFI on providing users with access to the highest yields on deposits of ether, stable coins, and alts, we saw clear product-market fit for the NFT industry.

yNFT makes it easy to deposit all of your NFT assets, their related utility tokens, supported stable coins, etc., to earn yields through unique strategies that are designed to maximize the yield of the deposited asset and minimize risk.

To be clear, a non-fungible token (NFT) is a type of cryptographic token that represents a unique asset. NFTs are tokenized versions of digital or real-world assets. They function as verifiable proofs of authenticity and ownership within a blockchain network. NFTs are not interchangeable with each other and introduce scarcity to the digital world.