NFT DEX

What is an NFT Pool?

NFT pools are Smart-Node accounts that allow you to instantly swap between NFTs and Fungible Tokens. For example, a User could open an NFT/HBAR pool account and provide liquidity for it, which means that anyone holding NFTs from that collection can instantly swap them for HBAR, or vice versa (assumed there is liquidity for it).

NFT Pools use a bonding curve to determine the relative price at which one asset is traded for another. The more an asset is bought from the pool, the more expensive it becomes. Conversely, the more an asset is sold to the pool, the cheaper it becomes.