NFT20/NFTX Pools

This proposal was initially submitted by the community member 'Sunset' @paikeseloojang

Summary:

As Defiville making progress towards launching DVART & NFT Vending Machine feature for the island to be filled with beautiful art and awesome artists, creating an incentive framework and putting into motion to yield results when those features launched becomes really important.

This proposal is designed to strategically leverage NFTX&NFT20 platforms by allocating a portion from 1M $ISLA treasury to create NFT Section of the Island.

Abstract:

As current space is rapidly evolving around the NFT fractionalization concept, two project is leading the game. NFTX&NFT20.

NFTX is a platform letting users deposit their NFT into a respective index fund and mint an ERC-20 token that is representing the underlying NFT asset, to speculate and engage liquid exchange within ERC20 space.

NFT20 carrying similar traits to NFTX, is also a platform to deposit NFT into collection pool, get equivalent amount of token in ERC20 to trade, speculate even LP to respective pair to farm governance rewards.

Both of the platform, when strategically leveraged can provide great benefit to Defiville.

Proposal:

Reward Amount: 33.000 $ISLA (16500 to NFTX pool / 16500 to NFT20 pool) Duration: 2 weeks

NFT20 & NFTX buildings will be constructed on the NFT section of the Island to bring both project communities to stake their XXX20 tokens(NFT20 collection tokens) & Index tokens from NFTX for duration of 2 weeks.

From NFT20; DUDES20, MASK20, MEME20, DOKI20, MCAT20, GPUNKS20, NDR20, CHONK20, AAH tokens for NFT20 pool

And from NFTX: PUNK, PUNK-BASIC, PUNK-FEMALE, KITTY-GEN-0, KITTY-GEN-0-F, BABES, MASK, WAIFU, AVASTR, BGAN tokens for the NFTX pool

Alongside NFTX/NFT20 pools there will be a solo $ISLA staking pool to farm ANIMAL20 tokens later to redeem it for Official Animal NFTs of Defiville on NFT20 platform. NFTs will be used to unlock the minigame on Island.