# How does NFTFY work?

Once your NFT is staked in our smart contracts and the fractionalizing process is complete, you will receive one million fractions of your NFT and have instant access to all of them in your wallet.

From that moment on, you will be able to make your own IDO (Initial Dex Offer), creating a Liquidity Bootstrapping Pool, using the Balancer protocol to provide liquidity to your fractions.

In this way, you create a whole new market and allow anyone to trade their fractions on the marketplace. It is a simple, instant, and reliable way to share ownership of NFTs and obtain liquidity.


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