ZooDAO: How This DeFi Protocol Will Bring Utility To NFTs!
ZooDAO is a new DeFi protocol that is bringing greater purpose for NFTs. Currently most NFTs collect dust in their owner's wallet but ZooDAO is changing that by bringing DeFi and gamification together in the form of NFT battles. Users will put their NFTs up for battle and stake Zoo Tokens to vote on the NFT they want to win the battle. Yield is generated through Yearn Finance and Moonwell over the time span of the battle and then rewarded to participants at the end. With the growth trajectory of NFTs over the next few years ZooDAO has a massive market to tap into. Find out more about the ZooDAO DeFi application and the ZOO token in this video!
ZooDAO Links:
https://zoodao.com/
https://twitter.com/ZooDAO
https://zoodao.com/docs/ZooDAO-Litepaper.pdf
https://medium.com/@ZooDAO/zoodao-table-of-contents-8d9646356424
$1000 ZooDAO Giveaway:
https://twitter.com/ZooDAO/status/1632378152180670490
Timestamps
0:00 Intro
0:46 ZooDAO Token Launch and Overview
6:26 Roadmap
8:32 How ZooDAO DeFi NFT Battles Work
18:11 Closing Summary
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#zoodao #Ethereum #nfts
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