Welcome to Litra Finance

Resources and guides to get started with Litra and the Litra DAO

Litra is creating sufficient NFT liquidity using advanced bonding curves and veToken model to provide NFT Liquidity as a Service (LaaS) and improve the NFT pricing mechanism of the NFT market.

Why use Litra?

• NFT asset issuers have decreased the costs of establishing NFT liquidity and market-making;

• NFT holders have lower inventory risk and price manipulation risk;

• NFT traders benefit from a lower entry-level;

• NFT liquidity providers can earn various trading fees and incentives by providing NFT liquidity;

• All the NFT stakeholders are united in Litra DAO with aligned long-term interests.

Why now?

• The NFT industry is in its early stages, holding significant growth potential and limitless possibilities for the future.

• The technology and ecosystem of the NFT trading market are still at a nascent and exploratory stage, far from being fully developed and standardized.

• After experiencing a bearish phase, the NFT market creates opportunities for products to stand out through technological innovation and exceptional user experience.

In essence, the main focus of Litra is to prioritize innovation and enhance the user experience during this early stage of the NFT industry's development.

What would Litra bring?

Litra has the potential to significantly enhance the NFT ecosystem and introduce a large number of new users to the NFT market. This facilitates collaboration and a combination between the NFTFi and DeFi ecosystems. By wrapping NFTs into fungible tokens, the resulting wNFTs can be widely involved in DeFi, providing liquidity and earning fees and rewards. This opens up new opportunities for NFTs to participate in DeFi Legos, such as staking, borrowing, and derivatives trading, resulting in improved composability.

The Docs aim to help new and existing users to become familiar with the Litra Finance protocol.