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Liquidity 4 Virtual Assets (L4VA) is a community NFT project designed to deliver instant liquidity to sellers at the market floor price.
L4VA aims to address the low liquidity issue in NFT markets by offering instant automated liquidity for non-fungible virtual assets (NVAs) tokenized as NFTs. The mission is to provide liquidity to users and deliver significant utility to L4VA token holders over time. L4VA operates through a cycle involving connecting wallets, sacrificing NFTs to receive L4VA tokens equivalent to the floor price in ADA, keeping the NFTs in a "Purgatory" for a specific duration, auctioning them to refill the Treasury, and finally providing L4VA liquidity on decentralized exchanges.
The project's tech revolves around automating liquidity provision, equalizing supply and demand, and delivering value to its users. It's designed to increase demand for NFTs at floor prices, adjust supply through a "Purgatory" function, release NFTs based on market demand surges, and generate value for L4VA tokens over time.
The "Relics of Magma" are the NFT project which is helping to fund the development of L4VA. These 100% original art generative NFTs are the representations of futuristic entities that exist on Magma Prime, offering holders the chance to access unique technology. Holders play a crucial role in maintaining the Fount and will have opportunities to receive Valorum and access special features within the ecosystem.
In summary, L4VA aims to revolutionize NFT liquidity by offering an automated protocol for NFT liquidity and delivering value to token holders over time, all while introducing unique NFTs tied to a fun futuristic narrative.