GumBall Protocol

GumBall Protocol serves as a versatile deep liquidity hub for NFTs and DeFi, designed to integrate the strengths of DeFi into the NFT sector. Gumball was launched in 2022, serving as an excellent resource for individuals looking to utilize their NFTs as collateral within the broader DeFi landscape. It employs the GumBall bonding curve to guarantee liquidity for NFTs, facilitating their trade and enabling users to stake and borrow against them without facing the risk of liquidation or interest. Every NFT collection introduced on the platform comes with a specific quantity of ERC20 tokens (GBTs) sold on a bonding curve, where the liquidity from these transactions remains in the bonding curves to provide liquidity for the collection holders to use.