Frozen… Thawing… Now Liquid Yetis
What started frozen in ice is now becoming more liquid than ever. TradePort is proud to partner with Lofi’s Mystic Yetis as the first NFT project to incorporate our new liquidity primitive designed to unlock more value for the whole ecosystem.
Liquid NFTs will set a new standard for how collections can unlock liquidity while preserving rarity and uniqueness. Let’s dive into the LOFI community and how liquid NFTs will impact the community.
$LOFI
Lofi debuted on Cetus with a total supply of 1 billion tokens. The team, a mix of artists, developers from top-tier projects, and seasoned crypto executives, market-bought 25% of the supply post-launch to fund operations, market-making, CEX listings, and community airdrops.
This hands-on commitment shows the ethos of a team that believes in building for the long run, side by side with its community.
Lofi is a movement rooted in optimism, collaboration, and social impact. A 0.25% LP fee funds charitable initiatives, with a focus on cleaning water sources and reducing ocean plastic.
Key Highlights
Over the past few months, Lofi has hit milestone after milestone:
- Mystic Yetis NFTs → NFT holders gain perks like XP in the Lofi Legends ecosystem, blending DeFi, NFTs, and gamification.
- Fox Wallet Partnership → In December 2024, $LOFI integrated into Fox Wallet’s secure, multi-chain platform.
- Community Impact → Raised $1,500 in one hour during a Sui Network Spaces to support Bangladesh aid.
- Market Growth → $LOFI surged 150–186% in a week (April 2025), reflecting strong momentum.
- CEX Listing → Listed on KuCoin in April 2025, bringing $LOFI to a global audience.
Mystic Yetis
Lofi also launched an NFT collection of 5,555 unique, hand-crafted NFT collectibles on Sui. These NFTs offer holders benefits like airdrops, VIP access, exclusive merchandise, SocialFi integration, and XP earning via Lofi Legends.
TradePort is proud to support Mystic Yetis as the first-ever Liquid NFT project. This partnership blends culture, liquidity, and technology in a way that makes NFT trading more dynamic, with brand new opportunities to earn.
What are Liquid NFTs?
95% of NFTs sell at the floor. That means mid- to high-rarity holders rarely capture the true value of their traits since most end up trading at the floor price.
Liquid NFTs change that. They unlock rarity-based liquidity while opening new rewards and revenue streams.
Here’s how it works:
- Mystic Yeti NFTs will be paired with a fungible token called $MYSTIC.
- Every Mystic Yeti NFT is assigned an amount of $MYSTIC that corresponds to its rarity. The rarer the NFT, the more fungible tokens it will be allocated.
- Mystic Yetis and $MYSTIC can be exchanged back and forth via the bridge.
- NFT collectors can earn rewards by holding. The rarer the NFT, the more rewards will be earned.
- Community members can also become LP providers and earn fees.
There will be dozens of new ways to trade, explore, and value your Mystic Yetis.
Launching Soon
Lofi is one of the most active and respected teams in the community, and we are honored to partner with them to bring this new way of trading to life. Stay tuned for the official launch date to be announced soon.
