This is what's standing in the way of DeFi's 'NFTification'

Coin Telegraph LogoCoin Telegraph1 mo ago

This is what's standing in the way of DeFi's 'NFTification'

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NFTs and DeFi have taken the world by storm in recent years, but both industries have downsides.

Bringing them together could be a force for good.

But it doesn't have to be this way — and one team says it has built the first NFT-powered AMM that has been designed "from the ground up to solve a series of critical problems for DeFi".Ruby.

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Article Details

Author / Journalist: Cointelegraph By Chris Jones

Category: Crypto

Topics: Ethereum Decentralized Finance Blockchain DeFi Liquidity NFT ERC20

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2022-06-22, 18:00:00

News Timezone: GMT -5:00

News Source URL:

Language: English

Reading Time: 6 minutes read

Article Length: 939 words

Coverage Area: United States

Availability: Desktop Web, Mobile Web

News ID: 3922

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About Coin Telegraph

Coin Telegraph Logo

Main Topics: Crypto

Official Website:

Update Frequency: 24 posts per day

Year Established: 2013

Headquarters: United States

News Last Updated: 9h ago

Coverage Areas: United States

Ownership: Independent Company

Publication Timezone: GMT -5:00

News Language: English

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Website Security: Secure (HTTPS)

Publisher ID: #11

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