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Blur solve NFT Mobility Century problem, NFT fi Summer is coming

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NFT-fi Summer is finally waiting for liquidity.

原文标题：《 Blur 解决 NFT 流动性世纪难题，NFT-fi Summer 将至》

Original article by shutong, SevenUp DAO

1. How does Blur solve the NFT Century problem -- mobility

Over the past year, a growing number of NFT lending platforms have tried to solve the market's biggest problem: Liquidity, for example, looks, the trading mining mode of x2y2, and fragmented AMM. Similar to Blur's idea of dividing reward intervals according to the standard of distance from transaction price and concentrating liquidity, Abacus designed a richer game mechanism, for example.

Coincidentally, they have not been done, for three reasons:

1. The biggest reason was the bear market, when Blur caught the good times

With frequent black swan events, it is difficult for market makers to Bid in the NFT market, so it is expected that its liquidity and trading volume will not escape a sharp decline in the bear market, but it cannot be falsified at present.

2. Specialize in a buyer's market

Blur draws on the traditional DEX order thin mode, which is similar to the liquidity provided by single currency pledge. Unlike the FT market, the NFT market has its own attributes that determine the trading volume cannot be comparable to that of FT, and the low trading volume means the pledge mining yield cannot go up

采取传统的 FT 市场的双 Token 质押（xNFT+ETH 组 LP），NFT 中的双边质押或许还赶不上 ETH 在 DeFi 中单边质押收益率，会牺牲 ETH 潜在收益率，具有较高机会成本，Blur 提出的 Bid 出价、专攻单边买方提供流动性非常契合 NFT 市场，解决了收益率不足、无人提供流动性的尴尬局面

3, Class X2y2 provides liquidity scheme, liquidity can not be done

其一，主要是挖矿激励流动性提供者，防刷机制不完善，更多的是工作室刷量将成交额做上去，对矿币来说是一种有成本的产出，抛售收回成本在所难免在， Token 没有实际赋能的情况下，旁氏不可持续、虚假交易量对流动性没有意义；

Second, liquidity is the potential transaction rather than the real transaction, behind which there should be potential capital precipitation, so the visualization of the capital pool formed by the potential buyers and sellers is the source of liquidity. CEX's order pool and DEX's AMM are both visualization, while on the x2y2 platform, liquidity providers can only buy and sell with their eyes closed. Without the formation of a real pool of capital, real liquidity naturally cannot be done; The other reason is that

Ii. Blur the potential space, the ceiling opens the diverse narrative

NFT-fi Summer is finally waiting for liquidity

Only with liquidity can NFT play a trick, but without liquidity is a false statement. Blur has solved the core problem of the industry's expandable boundary -- liquidity. Based on this, lending, derivatives, income aggregators, etc., can be regarded as the pioneer of NFTfi industry, driving the whole sector to form a large wealth creation effect.

A chain of effects followed

1. The subsequent development of Blur will be similar to DeFi Summer and LSD. The rise of Blur as a midstream gradually drives the narrative of upstream and downstream NFTfi

2. The market generally valuates Blur through trading volume, commission income and other modes, thus the maximum value of OS is estimated at 13 billion yuan. However, it is combined with aggregator +NFTfi leading + lending and NFT trading platform + industry remodeler Buff, so the actual valuation should be higher than OS. Focus on the differentiation of competition with OS

3. It is positive for NFT blue chips. Similar to DeFi, liquidity gradually spreads from advantages to long-tail assets

4、51% Token 分发社区主导型项目，利益角度后续也必然会走真实收益、收缩供应量路线、甚至是 veCRV 自产自销，远景的 Token 赋能无需担心，近期的需考量

Therefore, excellent product logic: transaction speed, professional traders' viewing experience, non-compulsory royalties, etc., are the foundation and foundation of NFT trading platform, as well as the most concerned point of the market at present. Therefore, the mining of market expectations is still insufficient, and the valuation is only inappropriate for marking OS

Potential risk

1. Compared with FT market, the inseparable attribute of NFT market determines that the trading volume itself is not as active as FT. When the increment of NFT market is not greatly expanded, the amount of mining funds and the APR size are mutually exclusive. Therefore, Blur cannot leave the paradigm of "attracting speculative users in the short-term mining boom, relying on market and product experience in the medium-term, and focusing on user experience in the long-term to form liquidity precipitation". The blind box indirectly delays users' perception of the expected rate of return, which helps complete the mental education process of users

2、当前市场市场持仓大部分来自空投和散户投机者，Token和产品之间没有很强的反身性，即通过某个环节赋能 Token 消耗，进而助推流动性和价格间的螺旋上升，因此在投机主导的市场下虽叙事天花板够高，缺少多方力量的博弈，当前每日释放 110w，后续 Token 经济的提案或是 Blur 的重要分水岭

3. To sum up, Blur has a high short-term risk-return ratio and a huge long-term narrative potential

The above is not intended as investment advice