Salvor

ART Price

About Salvor (ART)

Salvor is a decentralized NFT marketplace and lending protocol built on the Avalanche blockchain that aims to solve liquidity challenges in the digital asset market.

• The platform features a unique NFT liquidity mining system that incentivizes users to provide liquidity by listing assets within competitive price ranges.
• It distributes 100% of its protocol revenue to ART token stakers and holders of its signature NFT collection.
• Salvor offers advanced trading tools including bulk listings, trait-based bidding, and peer-to-peer NFT lending.

What Is Salvor

Salvor is a marketplace designed to enhance liquidity for non-fungible tokens (NFTs) through a gamified listing and reward system. The protocol addresses the fragmented nature of the NFT market by encouraging competitive pricing through its liquidity pools. Value moves through the system as traders buy and sell assets, with a percentage of transaction fees directed toward the protocol's revenue distribution pool.

The ART token is put to work through staking, where participants earn a share of the platform's revenue in both ART and AVAX. This mechanism is designed to scale with the ecosystem; as marketplace volume grows, the revenue distributed to stakers increases, providing a direct link between protocol usage and token utility.

What Makes Salvor Unique

• NFT Liquidity Mining: Unlike traditional marketplaces, Salvor allows users to earn rewards simply by listing their NFTs within a specific price range relative to the collection's floor price.
• Revenue Sharing Model: The protocol commits to distributing all generated revenue to its community, specifically ART stakers and stakers of the signature Salvors NFT collection.
• Integrated Lending: Salvor combines a secondary marketplace with NFT lending, allowing users to borrow against their NFT collateral or earn interest by lending assets.
• Proof of Stake Security: Built on the Avalanche network, Salvor leverages the network's Proof of Stake consensus to ensure transaction security and finality.

What Can You Use Salvor for?

• Marketplace Trading: Users can buy, sell, and auction NFTs with advanced features like bulk transfers, sweeping, and trait-specific bidding.
• Liquidity Provision: By listing NFTs in curated liquidity pools, users can earn ART rewards while maintaining potential sell exposure at a maximum allowable price.
• Governance: ART serves as a governance token, allowing holders to vote on which NFT collections should be included in the protocol's reward pools.
• Yield Generation: Stakers can lock their ART tokens to receive voting escrow ART (veART), which determines their share of the protocol's revenue distribution in both AVAX and ART.
• Collateralized Borrowing: NFT owners can access liquidity without selling their assets by using them as collateral for peer-to-peer loans.

How Does Salvor Work?

Salvor operates using a series of smart contracts on the Avalanche blockchain. The liquidity mining system uses a "Max Price" calculation—typically the floor price multiplied by a specific coefficient—to ensure that listed NFTs remain competitively priced. When a user lists an NFT in a pool, the asset is locked for a set duration (typically 48 hours) while the user accrues rewards in ART tokens.

For revenue distribution, the protocol uses a voting escrow model. Staking ART generates veART over time; the more veART a user holds, the larger their share of the protocol's transaction fees. As an application utility token, ART is used for governance and revenue sharing, while protocol service fees are paid for transactions within the marketplace rather than acting as network gas.

Team Info and Investors

The project was introduced in late 2022 by a team focused on the Avalanche Ecosystem. While the core development team includes pseudonymous members, the project operates with a structured tokenomics plan that includes allocations for future investors and research and development. Governance is intended to be progressively decentralized, transitioning decision-making power to ART holders through the voting escrow system, which rewards long-term commitment to the protocol.

Where can you buy Salvor?

ART tokens can be traded on decentralized exchanges. The most popular exchange to buy and trade Salvor is Pharaoh Exchange Legacy, where the most active trading pair ART/WAVAX has a trading volume of $376.60 in the last 24 hours.

What is the daily trading volume of Salvor (ART)?

The trading volume of Salvor (ART) is $376.60 in the last 24 hours, representing a 1,607.10% increase from one day ago and signalling a recent rise in market activity. Check out CoinGecko’s list of highest volume cryptocurrencies.

What is the highest and lowest price for Salvor (ART)?

Salvor (ART) reached an all-time high of $0.07474 and an all-time low of $0.001309. It’s now trading -98.10% below that peak and 8.40% above its lowest price.

What is the market cap of Salvor (ART)?

Market capitalization of Salvor (ART) is $227,008 and is ranked #4495 on CoinGecko today. Market cap is measured by multiplying token price with the circulating supply of ART tokens (160 Million tokens are tradable on the market today).

What is the fully diluted valuation of Salvor (ART)?

The fully diluted valuation (FDV) of Salvor (ART) is $227,008. This is a statistical representation of the maximum market cap, assuming the maximum number of 160 Million ART tokens are in circulation today. Depending on how the emission schedule of ART tokens are designed, it might take multiple years before FDV is realized.

How does the price performance of Salvor compare against its peers?

With a price increase of 2.10% in the last 7 days, Salvor (ART) is underperforming the global cryptocurrency market which is up 2.60%, while underperforming when compared to similar Avalanche Ecosystem cryptocurrencies which are up 5.80%.

How to add Salvor (ART) to MetaMask?

Adding Salvor (ART) to MetaMask allows you to view your token holdings, trade on decentralized exchanges, and more. To add them, you’ll need to import ART as a token. You can copy ART’s contract address (0xf99516bc189af00ff8effd5a1f2295b67d70a90e) and import it manually, or if you've installed MetaMask's chrome extension, add ART to MetaMask with one click on CoinGecko.

Add ART to MetaMask.