leNFT

leNFT is an NFT trading and lending protocol. For trading, the protocol utilizes an Automated Market Maker (AMM) model based on the lssvm model, which is widely adopted by sudoswap. This approach aims to provide the most efficient use of liquidity, generate more profits for liquidity providers, and offer better pricing for traders. As a result, leNFT becomes an ideal choice for traders seeking low slippage and high capital efficiency. In terms of lending, leNFT adopts a peer-to-peer lending architecture that allows NFT holders to obtain immediate liquidity by borrowing against their assets. Liquidity providers can deposit funds into the lending pool and earn rewards from the loan interest payments. This incentivizes liquidity providers to participate in the ecosystem, while borrowers can obtain immediate liquidity without having to sell their NFTs. leNFT also features a voting and measurement system similar to Curve, which distributes LE inflation to LP (Liquidity Provider) providers using Gauges to further motivate them. NFT projects are encouraged to lock in veLE in order to provide liquidity within their ecosystem.