> For the complete documentation index, see [llms.txt](https://syntheticnftmarket.gitbook.io/synthetic-nft-market-gitbook/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://syntheticnftmarket.gitbook.io/synthetic-nft-market-gitbook/research-done/nft-liquidity-option-comparison.md).

# NFT Liquidity Option Comparison

## Comparison in table form

<table><thead><tr><th width="133">Name</th><th width="207">NFTX</th><th width="232">Sudoswap</th><th>Synthetic NFT Market</th></tr></thead><tbody><tr><td>Features</td><td><p>Deposit NFT in a vault to mint a Synthetic Token (ERC20) that represents 1 random NFT in the vault. </p><p><br></p><p>This ERC20 can be put in a liquidity pool with another token and be traded freely.</p><p><br></p><p>The Synthetic token can be used to swap for a random NFT in the vault or swap for a chosen NFT in the vault at a premium - 1.05 Synthetic Token instead (it can be higher depending on the fee set in the vault)</p><p><br></p><p>You can</p><ul><li>Buy NFT with ETH or other tokens (Buy synthetic token and swap for the NFT)</li><li>Sell NFT for ETH or other tokens        (Mint 1 synthetic token and sell the synthetic token at the AMM)</li><li>Stake NFTs for vault fees (earning APR in the synthetic tokens)</li><li><p></p><ul><li>Single Sided Staking </li><li>LP Staking (impermanent loss)</li></ul></li></ul><p><br></p></td><td><p>Basically Uniswap for NFTs. </p><p><br></p><p>Create an AMM (NFT/ERC20 Pool) for an NFT Collection. Can have multiple pools for one collection. Example: </p><ol><li>Pool A for common rarities, </li><li>Pool B for rarer NFTs, </li><li>Pool C for a certain trait of the NFT</li></ol><p><br></p><p>Different type of bonding curves available </p><ul><li>x*y = k </li><li>Linear (Price increase by flat amount when bought)</li><li>Exponential (Price increase by % when bought)</li></ul><p><br></p><p>You can </p><ul><li>Buy NFT with ETH or other tokens</li><li>Sell NFT for ETH or other tokens</li></ul></td><td><p>Deposit NFT/ERC20 to get SYNTH/ERC20 LP tokens on a certain AMM.</p><p><br></p><p>Send SYNTH/ERC20 LP to contract to get back NFT/ERC20 after impermanent loss etc.</p><p><br></p><p>Note that SYNTH is the synthetic token that represents the NFT collection.</p></td></tr><tr><td>Limitations</td><td><ul><li>You could lose the original NFT you used for minting the synthetic token</li><li>Not Shrimp-Friendly (Gas Fees staking and withdrawing might be more than yield)</li><li>Due to the nature of fractionalisation, some NFTs can become unredeemable if all the synthetic tokens are spread across different wallets / protocols.</li></ul></td><td><ul><li>Difficult for retail users to understand and setup </li></ul><p><br></p></td><td><ul><li>Lack of Incentive (for now)</li><li>Malicious liquidity providers can “rugpull”</li><li>Gas Fees</li></ul></td></tr></tbody></table>