DIP-6 list NFTX xTokens on Drops

xTokens are yield bearing tokens that earn fees from NFT swaps on NFTX vaults.

xToken holders will be able to borrow ETH/USDC/FRAX against their assets which in turn will enable leveraged yield farming or even self-repaying loans.

Borrowers will increase pool utilization and facilitate sustainable yields.

Below are suggested xTokens with pools and LTV values.

Ocean pool xPUNK 75% xMEEB 65%

Lake pool xMILADY 65% xWIZARD 55%

Artblocks pool xSQGL 65%