Token utilities and mechanics implemented in the LiveArt DeFi Ecosystem.
LiveArt DeFi ecosystem considers a wide variety of products, such as native swaps, lending/borrowing, trading derivatives offerings, structured products and other solutions for participation in the secondary markets of the digital assets launched through LiveArt Launchpad.
Token Utilities Pertaining to the DeFI Ecosystem:
ART token holders receive a partial distribution of the total fees generated by the LiveArt platform, which includes revenue from art launches, trading fees, and other platform transactions.
Risk Management (Lending & borrowing):
ART holders can use their tokens as collateral to borrow against their token holdings at fixed and adjustable interest rates. This feature provides a risk-managed approach for users seeking liquidity without selling their ART holdings.
ART token holders contributing liquidity to the ART/ETH (and number of other pools) pool on decentralized exchanges receive a share of the trading volume in fees. Users are encouraged to actively participate in liquidity provisioning to the ART market.
Liquidity Provision Rewards:
LiveArt rewards liquidity providers with an additional bonus in ART tokens based on their monthly contribution to the platform's liquidity pools. This bonus is distributed proportionally to the liquidity provided.
Inflation Protection and Burn-and-Buyback System:
LiveArt implements a buyback and burn schedule based on the circulating ART supply, funded by a portion of the platform's revenue. The bought-back tokens are burned, ensuring controlled inflation and maintaining scarcity.
ART holders enjoy a discount on transaction fees within the LiveArt platform based on their tier rank, providing an economic advantage for active users and larger stakeholders.
ART holders can stake their tokens and receive rewards as real yield APY. Staking rewards are distributed weekly, providing users with additional ART tokens and reputational points.
Staked ART tokens in the fractionalized NFT farming pool boost the liquidity pair APY, enhancing the overall yield for participants actively engaged in liquidity provisioning and farming.