Milady Vault (NFTX) (MILADY) Live Price and charts Today

1 Milady Vault (NFTX) (MILADY) Price Today in USD is $17,509.26

Milady Vault (NFTX) (MILADY) = $17,509.26 USD

Milady Vault (NFTX) (MILADY) all-time high (ATH) is $22,057.32 USD

The maximum supply of Milady Vault (NFTX) (MILADY) is Unknown

Milady Vault (NFTX) (MILADY) 24h volume is $175.67 Kilo USD

Milady Vault (NFTX) (MILADY) Market Cap is 0 USD

Milady Vault (NFTX)
$17,509.26
+5.93%
Time Interval :
Time Range :
  • .csv
  • .xls
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  • Rank #N/A
  • Market Cap 0.00% -
  • 24H Spot Volume 0.00% $175,670.80
  • 24H Volume / Market Cap -
  • Circulating Supply -
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID milady-vault-nftx copy duigou
  • Project Start Date -
  • Contracts & Explorer(s) coin-img 0x227...2eb48
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  • Websites Website
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About MILADY Roadmap & Milestones
Milady Vault is one of the Ethereum-based NFT vaults of NFTX, a platform that creates liquid market for NFTs by adopting a mechanism similar to AMM, where users can deposit their NFTs into the vaults.

Milady Vault is one of the Ethereum-based NFT vaults of NFTX. 

What is NFTX?

NFTX is a platform for creating liquid markets for illiquid NFTs.

Users deposit their NFT into an NFTX vault and mint a fungible ERC-20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault.

Vaults can be created by anyone for any NFT asset on Ethereum. Once a vault has been created, any user can then deposit eligible NFTs into the vault to mint a fungible NFT-backed token referred to as an "vToken".

Users can then pool their minted vTokens in Automated Market Makers (AMMs) like Sushiswap to create a liquid market for other users to trade. With liquidity and trading volume established, the NFT-backed vToken enters into price discovery and a "floor price" is discovered.

The floor price denotes the lowest price for a particular NFT. Users establish a floor price by minting and selling vTokens in markets where they consider their NFT to be overvalued.

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