How to use BullvBear ?

BullvBear enables traders to buy and sell NFTs in the future, with a set of parameters defined optimally by the protocol to ensure matching between traders:

• collections pumping, with high volatility, and affordable floor prices

• a settlement price usually 5% to 20% lower than the current floor price of the collections

• a settlement deadline of a few hours (usually 24h), depending on the collection volatility

These parameters are automatically set by the protocol based on the collection market data, and have been designed to answer these needs:

Buy NFTs at a discount - to avoid overpaying for a collection pumping, but sacrificing a part of the potential upside

• When you hear about a new collection, you have a high risk of arriving too late to the party and overpaying your NFT. By taking a buy order on BullvBear you'll always get a better price than on traditional marketplace (5 to 20% cheaper). The risk you take here is that the floor price goes down before the deadline - but in that case you would still have paid less than on spot marketplace, so you would have made a better deal.

• Another situation is that the floor price pumps so high (> (security deposit) + (settlement price)) that the seller doesn't send an NFT to settle the order, and prefers to loose his security deposit. In that case you lost some of the upside compared to simply own the NFT, but you got cash. In the cases where you feel a collection can skyrocket we recommend you to buy your NFTs on BullvBear, and buy one on a spot marketplace like OpenSea, Looksrare, x2y2 or Blur, for the moon!

Short NFT collections - to profit when it's going down

• To speculate: you follow a collection, know the details about the team, the roadmap and the community. There is a big pump of the floor price and you believe the collection is now way overpriced. You detect a top pattern: volume goes down, floor price starts to slightly drop, number of listings increase, your Twitter feed has less mentions of the collection. You feel it’s going to drop significantly in the next 24 hours as flippers are looking for an exit, so you go to BullvBear and take a sell order on the collection.

• To hedge your risk: you ape into a collection because you’re convinced about the long term success of the team and the project. But you come a bit late and the price is already high. You know there is a chance that buying it now you will overpay it, but you really want to get in. So you buy NFTs on the spot market and take at the same time sell orders. If it goes up, your portfolio will go up and you will lose a bit of upside on the sell side. But if it goes down, you keep your bags and get some extra liquidity from your sell orders.

Join our Discord to chat about the different strategies you could implement with BullvBear.