Description
Louverture Finance is a compounding protocol built on the Avalanche blockchain that rewards its users for owning NFTs on a daily basis. The protocol's major update, Louverture 2.0: Rise, introduces multi-tiered proprietary gamification of ERC-721 standard NFTs, aiming to address sustainability, repetition, innovation, and engagement issues seen in other node-based DeFi protocols. It is described as the first 'node' protocol to offer eligibility through accumulation of compound count and the first to perform true RNG on the Avalanche Network. Users can participate by owning one of the ecosystem's NFTs (Element, Orb, or Black Hole) to receive perpetual passive income ranging from 180% to 522% APR, targeting DeFi investors and NFT holders seeking high-yield, low-barrier-to-entry opportunities.