In this video we review Looksrare, a NFT marketplace that gives a very high APR rate to it’s stakers.
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The live LooksRare price today is $4,36 USD with a 24-hour trading volume of $110.497.266 USD. We update our LOOKS to USD price in real-time. LooksRare is down 9,52% in the last 24 hours. The current CoinMarketCap ranking is #2831, with a live market cap of not available. The circulating supply is not available and a max. supply of 1.000.000.000 LOOKS coins.
LOOKS is the token powering LooksRare, the community-focused NFT marketplace that actively rewards traders and creators for participating.
100% of LooksRare’s platform trading fees are earned by LOOKS token stakers: a rewards model created in direct response to the previous generation of NFT marketplaces whose fees mostly reward a single entity.
Users earn LOOKS tokens by trading NFTs on LooksRare, staking LOOKS (which also earns WETH fees), and more.
LooksRare’s trading experience is intuitive for experienced NFT traders, while also providing new and innovative features like collection-wide offers, instant royalty payouts for creators, and flexible purchases using mixed tokens (WETH +ETH).
Behind the simple user experience lies an innovative, modular smart contract design and a full-stack built from the ground up for scalability, security, and speed.
LooksRare’s model was designed in direct response to the previous generation of NFT marketplaces, with the goal of fostering the NFT community by rewarding user participation.
Earn by Staking
100% of LooksRare’s trading fees are redistributed proportionally to LOOKS stakers.
Stake LOOKS to earn:
WETH trading fees
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Disclaimer: I am not a professional adviser, my channel is for entertainment purposes only. Nothing written or discussed is intended to be construed, or relied upon, as investment, financial, legal, regulatory, accounting, tax or similar advice, nor should it be. Any content created, discussed and/or expressed by me ‘Michael Pomp’, ‘Pompeus’ is purely opinion based.