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Milady Vault (NFTX) Price

(MILADY)

Note: This cryptocurrency has not yet been officially listed on KuCoin Thailand.

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Milady Vault (NFTX) (MILADY) Live Price Chart

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    ATH
    ฿22,057.31980509
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    About Milady Vault (NFTX)

    • Coin description

      Milady Vault is one of the Ethereum-based NFT vaults of NFTX. 

      What is NFTX?

      NFTX is a platform for creating liquid markets for illiquid NFTs.

      Users deposit their NFT into an NFTX vault and mint a fungible ERC-20 token (vToken) that represents a claim on a random asset from within the vault. vTokens can also be used to redeem a specific NFT from a vault.

      Vaults can be created by anyone for any NFT asset on Ethereum. Once a vault has been created, any user can then deposit eligible NFTs into the vault to mint a fungible NFT-backed token referred to as an "vToken".

      Users can then pool their minted vTokens in Automated Market Makers (AMMs) like Sushiswap to create a liquid market for other users to trade. With liquidity and trading volume established, the NFT-backed vToken enters into price discovery and a "floor price" is discovered.

      The floor price denotes the lowest price for a particular NFT. Users establish a floor price by minting and selling vTokens in markets where they consider their NFT to be overvalued.

    FAQ

    • What is the all-time high price of Milady Vault (NFTX) (MILADY)?

      The all-time high price of Milady Vault (NFTX) (MILADY) is 22,057.32. The current price of MILADY is down -- from its all-time high.

    • How do I store Milady Vault (NFTX) (MILADY)?

      You can store your Milady Vault (NFTX) in the custodial wallet of a cryptocurrency exchange without having to worry about managing your private keys. Other ways to store your MILADY include using a self-custody wallet (on a web browser, mobile device, or desktop), a hardware wallet, a third-party crypto custody service, or a paper wallet.