NFT Fractionalize
The method of substituting an asset into multiple smaller assets
Before you fractionalize your NFT you need to read the below and make sure you are well aware:
GigaDEX does not see rarity. Do not fractionalize your NFT if;
You hold sentimental value to it
It is a rare or above floor price
When you fractionalize your NFT it gets put into the collection pool where anyone can redeem it for 1.000 fractions
Warning. GigaDEX does NOT see rarity do not fractionalise your NFT if; - You hold sentimental value to the NFT or; - The NFTs rarity is above Floor Price
In order to fractionalize, you will need to:
Select the "trade" page on GigaDEX
Select the NFT Market you want to fractionalize and trade
Select "Open" next to Fractionalize in the top left
Select NFT button
Choose the NFT you wish to fractionalize
Confirm the details
Select "Fractionalize"
*The token name will depend on the NFT collection you fractionalized from ie. DeGods = $DEGODS, GigaDAO = $GIGADAO
You will now see the tokens in your wallet or on the "available balance" section on the right hand side.
Last updated