/1 Fungify Pools is now on Mainnet {🍄}. It’s the first pooled lending protocol to support NFTs as first class assets — not just as collateral, but for lending and yield as well. Lets dive in. 👇

2/ When you deposit your NFTs to Pools, you start earning yield in USDC. Immediately. And you can use those NFTs, at the same time, to borrow stables, other NFTs, or ETH.

3/ This opens up a new market to instantly borrow NFTs for shorting or for utility.

/3 Think of Fungify Pools as being like your favorite DeFi protocols (eg, Aave/Compound) but with NFTs natively supported alongside ERC20s. This isn’t just NFTFi. This is next generation DeFi.

4/ We’ve invested deeply in security audits: two from Hexens, one from Zach Obront, and one from Least Authority. And we’re activating real time protection with BlockSec. Over a quarter million dollars has been spent to secure this protocol.

5/ The pools have been seeded with initial liquidity, and there’s already juicy lending rates for suppliers. We hope you enjoy using Pools as much as we enjoyed building it.

6/ We’ll be announcing a new type of farming program shortly, a hybrid between points and token mining, something we call P2T. This will happen before our token release on Feb 21st. Join our Discord to learn more if you haven’t already.

7/ That's it. Fungify Pools has launched to the mainnet, and farming is will be announced shortly. Read all of the details on our blog: Or go to the app now:

What are ur vol/mc minimums? Honeycomb is 2547 ETH vol/ 4926 ETH mc

👀 @0xhoneyjar mb bring Moneycombs?

$FUNG is gonna take the ecosystem by storm 😀😃