NFT Pricing
Safe NFT Pricing thanks to Chainlink oracles
JPEG'd DAO innovated in the NFTFi space by providing the very first NFT Chainlink Oracle for the Cryptopunks vault in 2021.
Chainlink NFT Floor Price Feeds provide a conservative and risk-averse floor price estimate for an NFT collection. JPEG'd was the first to offer an NFT Floor Price powered by Chainlink. Chainlink Price Feeds are the industry standard in powering DeFi. It helps provide users with stronger assurances that loan amounts and liquidations will be determined according to highly secure and accurate NFT floor price data.
Since launch, the infrastructure built by JPEG'd has powered the NFT pricing for all supported collections. It has proven robust and accurate, protecting borrowers from sudden price movements or price manipulation activity.
Read more about JPEG'd and Chainlink on Chainlink's website here.
Oracles per collection
NFT pricing on JPEG'd is provided per collection using the following oracles:
FAQ
Why are some collections not powered by Chainlink Oracles?
Depending on the vault's volume, JPEG'd uses either a Chainlink or a JPEG'd oracle. Both oracles incorporate floor prices and sales of recent purchases in their valuation.
Last updated