We are happy to announce the finalization of our strategic partnership with Rigel Protocol, a multi-chain DeFi platform offering a variety of decentralized services to its user base. As Rigel delves deeper into the DeFi space, they are exploring NFTs that will help service the underlying infrastructure of their platform — this is where NFTrade comes in. Not only will Rigel’s NFTs work as the governance and voting mechanism for their platform, but the NFTs will also give users access to airdrops of additional NFTs and tokens from their project partners, enhance liquidity through an automated NFT liquidity service via stablecoins, and get more access to the Rigel ecosystem, such as through Rigel JOBs, a decentralized job board for NFT holders.
At NFTrade, we will support all Rigel NFTs and their token holders through our decentralized and non-custodial secondary marketplace. Considering that we both focus on and offer multi-chain accessibility, this partnership creates the possibility to bolster each other’s ecosystems in a mutually beneficial and value-adding way, with offerings more readily accessible to both of our user bases.
We will also explore additional opportunities with Rigel as this partnership develops, such as a singular storefront for all Rigel Protocol NFT collections and a NFT farm for $RGP holders, allowing token holders to stake their tokens in order to earn exclusive collectible and/or utility-based Rigel NFTs. We are excited to see the plan of action that Rigel Protocol implements, and we will be here to support their user base throughout their journey.
NFTrade is a decentralized multi-chain and blockchain-agnostic NFT platform. We are an indexer of all NFTs across all of our integrated chains, hosting the complete NFT lifecycle and allowing anyone to seamlessly create, buy, sell, swap, farm, and leverage NFTs across different blockchains. Using NFTrade, anyone can gain access to the entirety of their NFT, unlocking the total value of the NFT market.
About Rigel Protocol
Rigel Protocol is a decentralized protocol for a diverse set of DeFi products. A protocol built to improve and touch up existing Decentralized Finance (DeFi) features while introducing several innovative DeFi products to propel scalability, security in the blockchain, user experience and adoption.
Several DeFi products are currently available, such as; cross-chain operations, token smart swapping, yield farming, leverage trading, and more.