Talis ProtocolPrice

(TALIS)

Talis Protocol is a leading NFT marketplace and infrastructure hub primarily operating on the Injective blockchain. It serves as a central platform for creators to mint and launch digital collections and for collectors to trade assets. Talis distinguishes itself as a community-owned protocol where generated revenue is redistributed to token holders. While it is the premier marketplace for Injective, it is expanding toward cross-chain interoperability by integrating with other networks like XION and Juno.

$TALIS is the primary governance token used for voting and initial acquisition within the ecosystem. In contrast, $xTALIS is a Liquid Staking Derivative (LSD) that users receive when they stake their $TALIS tokens. Holding $xTALIS represents a user's share of the protocol and is the essential asset required to participate in the Revenue Share Module (RSM) to earn protocol rewards.

To earn rewards, users must stake their $TALIS tokens to obtain $xTALIS, which must then be bonded in the Revenue Share Module (RSM). The platform charges a 3% fee on marketplace transactions, and 100% of this protocol revenue is redistributed to $xTALIS stakers. This community-centric model ensures that active participants directly benefit from the growth and transaction activity of the marketplace.

Users can acquire the $TALIS token through various trading platforms. It is actively available on major cryptocurrency exchanges, including LBank. To interact with the protocol's marketplace features or participate in staking, users typically connect to the platform using compatible Injective wallets to manage their $TALIS and $xTALIS assets.

Talis Protocol is expanding into NFT-Fi by developing tools for NFT lending and borrowing, allowing users to use digital assets as collateral for liquidity. Additionally, the protocol is exploring Real World Assets (RWA), such as carbon credits and luxury goods. Through 'phygital' NFTs, Talis enables the on-chain representation and authentication of physical assets, bridging traditional ownership with blockchain technology to create new utility for stakers.

Governance is managed by $xTALIS holders, who can vote on protocol proposals to influence the platform's direction. To ensure the safety of user assets and the integrity of the revenue-sharing system, the core smart contracts and the Revenue Share Module (RSM) have undergone professional security audits. These audits verify the safety of the redistributed fees and the underlying infrastructure of the marketplace.