OpenSky Finance
OpenSky Finance is a freer, smarter NFT marketplace, a DeFi protocol that enables NFT stakers to value their NFTs and borrow on demand while maintaining control.
At OpenSky, we aim to build an advanced smart contract blockchain platform at the nexus of DeFi and NFT that will empower anyone with an Internet connection to trade, stake, borrow and lend unique digital assets in a secure, trustless, and permissionless manner. In a nutshell, we are a DeFi protocol that enables NFT stakers to value their NFTs and borrow against them on demand while maintaining control and exposure to further upside.
OpenSky has created a breakthrough solution to NFT trading and staking problems with the development of a smart contract-based automated market making (AMM) protocol for NFTs based on sophisticated bonding curve pricing algorithms.
Each staked NFT has its own market (liquidity pool) which creates several advantages for both NFT stakers and liquidity providers (LPs).