Lock/Unlock NFT
Flexible Liquidity Management
Mechanism Overview
Lock/Unlock, a core YETI404 protocol feature, lets you seamlessly switch between NFT and token forms.
Lock (NFT -> Token Liquidity)
Unlock NFT Liquidity
Select NFT: Pick a Yeti NFT from your collection
Confirm Lock: Click "Lock" to stake 10,000 YTG in the smart contract
Trade Freely: The NFT remains tradable on marketplaces
Unlock (NFT -> Redeem Tokens)
Redeem liquidity as YTG
Select NFT: Pick the Yeti NFT to unlock
Confirm Unlock: Click "Unlock" to retrieve 10,000 YTG from the smart contract
Trade Freely: Swap YTG on DEXs for instant liquidity
Benefits of Lock/Unlock
Instant Liquidity: Convert NFTs to tradable tokens anytime
Arbitrage Opportunities: Profit from NFT-token price spreads
Risk Hedging: Flexibly adjust holdings as markets shift
DeFi Integration: Use tokens across DeFi protocols
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