Furion

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Frequently asked questions

What is Furion?

Furion is a non-custodial, permissionless platform that helps fractionalize NFTs into ERC20 tokens. These tokens can be freely traded and farmed on the Furion platform. Furion also supports financial operations such as borrowing, lending, and leveraged long and short positions. It is an all-in-one NFT marketplace with better liquidity, an AMM solution, and a price oracle. Furion has an advisory board consisting of industry experts and has undergone a security audit. It has over 30,000 total trading volume, over 1,000 total value locked, and over 2,000 total users.

How does Furion fractionalize NFTs?

Furion helps fractionalize NFTs by converting them into ERC20 tokens, which can then be freely traded and farmed on the Furion platform. This process allows for various financial operations such as borrowing, lending, and leveraged long and short positions. Furion is a non-custodial, permissionless platform that bridges the gap between NFTs and decentralized finance (DeFi). It offers an all-in-one NFT marketplace with improved liquidity, an automated market maker (AMM) solution, and a price oracle. Furion has conducted a security audit and has over 2,000 users, with a total trading volume of over 30,000 and a total value locked of over 1,000.

What financial operations are supported on Furion?

Furion supports various financial operations such as borrowing, lending, leveraged long and short positions on fractionalized NFTs. It also provides an all-in-one NFT marketplace with improved liquidity, an AMM solution, and a price oracle. Furion is a non-custodial, permissionless platform that bridges NFTs and DeFi, allowing users to freely trade and farm ERC20 tokens corresponding to fractionalized NFTs. It has a total trading volume of over 30,000, a total value locked of over 1,000, and more than 2,000 users. Furion has undergone a security audit and has an advisory board consisting of industry experts.

How does Furion ensure liquidity for fractionalized NFTs?

Furion ensures liquidity for fractionalized NFTs by allowing them to be converted into ERC20 tokens that can be freely traded and farmed on the Furion platform. They also provide financial operations such as borrowing, lending, leveraged long and short positions. Furion is a non-custodial, permissionless platform that bridges NFTs and DeFi. They have separate pools, an AMM swap, and a money market to facilitate liquidity. Furion has conducted a security audit and has over 2,000 users, with a total trading volume of over 30,000 and a total value locked of over 1,000.

What is the role of the advisory board in Furion?

The role of the advisory board in Furion is to provide guidance and expertise in various areas related to the platform. The advisory board consists of individuals with experience and knowledge in the blockchain and cryptocurrency industry. They offer advice and insights on topics such as NFT fractionalization, financial operations, liquidity, AMM solutions, and price oracles. The advisory board members include Raccoon, Mr. Block, Alex, Peter Yang, Christian, and Vic, who bring their expertise from organizations such as Buji DAO, Curve, Taiji Labs, Fenbushi Capital, NextGem Venture, and as a crypto researcher. Their input helps shape the development and strategic decisions of Furion.

How can I redeem my NFT on Furion?

To redeem your NFT on Furion, you can utilize the platform's functionality to fractionalize your NFT into corresponding ERC20 tokens. These tokens can then be freely traded and farmed on the Furion platform. Additionally, Furion supports various financial operations such as borrowing, lending, and leveraged long and short positions. Furion is a non-custodial, permissionless platform that aims to bridge the gap between NFTs and DeFi. It offers an all-in-one NFT marketplace with improved liquidity, an AMM solution, and a price oracle. The platform has undergone a security audit and has over 2,000 users, with a total trading volume of over 30,000 and a total value locked of over 1,000.