Abacus

NFT Valuation
Reimagined

Abacus is a revolutionary NFT valuation system combining optimistic rollups and proof of stake logic.

Learn more about Abacus >

Launch App

TVL

NFT Pools

Participants

How it Works

What is a Pool?

An Abacus Spot Pool (“Pool”) is a vehicle providing dependable appraisal services to the owner(s) of NFT(s) via a distributed coordination game. Appraisers are incentivized to provide this service in exchange for ABC tokens, their share of any sale premium, and, in certain instances, additional incentives in the form of bribes.

See Pools

How to create a Pool?

Anyone can create a Spot pool for any NFT or basket of NFTs. In order to turn on a pools emissions, an NFT owner must toggle emissions.

Create a Pool

Example:

1. Alice wants NFT appraised

Alice has a Cryptopunk and would like to have it appraised in order to get a loan from a lending protocol that leverages Abacus, so she creates a pool for her Punk.

2. Bob and Charlie appraise

Bob and Charlie see a newly created pool and check the floor price of Cryptopunks to see that the floor is sitting at 50 ETH. Bob and Charlie each add 21 ETH for a total of 42 ETH in the pool (since they think if the punk goes to auction it’ll likely sell for above 42 ETH)!

3. Alice uses appraisal

Now, since that liquidity is locked in the Spot pool, Alice can leverage the pool as collateral to borrow against it.

4. Everyone is happy

The lender is happy, because they’re no longer lending against the volatility of the NFT, lending is made easy! Alice is happy because she can now take out a high LTV loan for a low cost against her NFT (since associated volatility has dropped dramatically)! Bob and Charlie are happy because they’re earning ABC, thereby increasing their ownership of the Abacus network (see whitepaper for benefits of ABC OR wait for token design deep dive to come out)!

The $ABC Token

Token Emission Schedule

20M

Epoch 1

20M

Epoch 2

20M

Epoch 3

20M

Epoch 4

Token Utility

01. Governance	Voting participation in Abacus governance decisions will be determined by ABC holders.
02. Gauge control	ABC holders can allocate ABC towards collections to increase a collections emissions rate.
03. Revenue Share	90% - 100% of all ETH revenue generate by Abacus will be paid to ABC holders that actively allocate in an epoch.

Read Whitepaper