NFT is a new round of the DeFi trend. Some yield farming sites began to add not only the mining of ordinary tokens but also collectible (NFT) tokens.
The main difference between NFT tokens and regular ones is that they are not fungible.
For example, fiat currencies are fungible because each unit is equivalent. The ten-dollar bill can be replaced with any other original ten-dollar bill.
NFT tokens are unique, they can serve as collectibles, tokenized assets, etc.
Previously, NFT tokens were used in games. Now they have appeared on the yield farming protocols. You can combine not only the farming of platform tokens but also mine unique NFT tokens that can be exchanged or sold in various markets.
Remember that decentralized finance is only at an early stage of development right now.
Best regards EXCAVO
The main difference between NFT tokens and regular ones is that they are not fungible.
For example, fiat currencies are fungible because each unit is equivalent. The ten-dollar bill can be replaced with any other original ten-dollar bill.
NFT tokens are unique, they can serve as collectibles, tokenized assets, etc.
Previously, NFT tokens were used in games. Now they have appeared on the yield farming protocols. You can combine not only the farming of platform tokens but also mine unique NFT tokens that can be exchanged or sold in various markets.
Remember that decentralized finance is only at an early stage of development right now.
Best regards EXCAVO
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1. Register at partner.bybit.com/b/excavo
2. Deposit more than 10k in your account
3. Send your UID to t.me/excavo
4. Get a VIP group and my portfolio
t.me/excavonews
t.me/excavochannel
