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NFTPerp was a perpetual futures exchange for NFTs, allowing people to take long or short positions against NFTs.
It relied on a vAMM — virtual automated market maker —
which simulates liquidity without there being any real money in the system.
Sooooo, The Project is closing down, due to gaining more and more debt... so what do they do?
those who were in profit will lose their unrealized gains, while those who had lost money in their trades will have their losses waived.
What do you think? all go to zero or some prfoit some lose when project fails..?
It relied on a vAMM — virtual automated market maker —
which simulates liquidity without there being any real money in the system.
Sooooo, The Project is closing down, due to gaining more and more debt... so what do they do?
those who were in profit will lose their unrealized gains, while those who had lost money in their trades will have their losses waived.
What do you think? all go to zero or some prfoit some lose when project fails..?
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