Solvent Enabling De-Fi to your NFTs on Solana. Solvent is a platform to enable index funds for NFTs on Solana. Any NFT holder that wants liquidity out of their NFTs can deposit their NFT asset into its particular NFT collection on Solvent (bucket) for minting fungible tokens (droplets) of that particular NFT project in exchange.
Solvent IDO Whitelist on Solanium
JOIN WHITELIST: https://solanium.io/project/solvent/?ref=U3hnINng
Solvent — IDO Details
- Token: $SVT
- Price Per Token: 0.3
- Number of Tokens: 833,334 SVT
- Accepted Currency: USDC
- Total raise in Public Sale: $250,000 USDC
- Distribution: Unlocked
Solvent— IDO Timeline (UTC)
- Whitelist Start: Jan 7, 2022–12:00:00 PM
- Whitelist Lottery Results: Jan 9, 2022–2:00:00 PM
- Sale Start: Jan 9, 2022–2:00:00 PM
- Distribution: Jan 13, 2022–2:00:00 PM
How to participate in whitelist for Solvent
1️⃣ ️Whitelist Start: Jan 7, 2022–12:00:00 PM (UTC)
2️⃣ Go to https://www.solanium.io/project/solvent
3️⃣️ Connect your Solana wallet
4️⃣ Connect your Telegram
5️⃣ Follow the tasks to increase your chance for winning the allocation
6️⃣ Participate in the Referral Campaign to gain the additional social ticket(s)
A percentage of the to-be-sold tokens will be allocated to the Social Pool.
You can collect Social Tickets by performing various social tasks such as Telegram and Twitter Tasks
A large part of the to-be-sold tokens will be allocated to Staking Pool tickets.
You can only get Staking Pool tickets by staking SLIM or SLIM-LP tokens.
Increase your Staking Pool tickets by increasing your token stake or extending your lock time
Staking pool ticket is an estimation and the final snapshot will be taken at the time of lottery results
- Please beware of the fake bots sending you messages — Do check with our amazing CM’s for any suspicious messages
- Always check the URL you’re visiting: Solanium.io
- “the SVT tokens nor the transactions for them have not been registered under the Unites States Securities Act of 1933 and any related securities may not offered or sold in the United States or to United States persons unless registered with the Securities Exchange Commission or if a registration exemption is available”
Solvent is a platform to convert NFTs to fungible tokens known as droplets, giving the user instant liquidity. The instant liquidity for NFTs can provide users a platform to trade NFTs faster than they can today. Droplets can be traded on AMMs and Serum orderbooks on Solana. Users can trade the droplets owned by them to redeem NFTs in the Solvent buckets or swap droplets for $USDC directly from the platform. They can also stake their liquidity of the droplets into liquidity pools and earn liquidity rewards. Features like lending, loans, NFT derivatives, and more exciting integrations are to be released soon.
Features of Solvent
⁃ Instant Liquidity to NFTs:
Solvent is an instant liquidity platform where you can exchange your NFT assets for getting instant liquidity. You get instant liquidity in form of droplets (fungible tokens) of that NFT project, which are tradable on Serum, and can even be swapped for $USDC.
⁃ Liquidity Mining and Yield farming:
NFT traders can exchange their NFTs for droplets and provide liquidity to the pools on AMMs like Atrix finance. The LP tokens can also be staked for receiving $SVT rewards. We have 30% allocation of the platform token $SVT as rewards towards liquidity mining.
⁃ $SVT staking:
$SVT is the governance token for the Solvent platform. A portion of the platform minting fees will be used to buyback $SVT tokens from the market and will be distributed to the holders staking the $SVT token.
⁃ Community governance
$SVT token holders will also be able to participate in the community governance and help shape the future of Solvent and NFT liquidity.
Integrating with oracle for NFT floor price index feeds
Since each droplet represents a hundredth of an NFT asset in any NFT project, we can compute the floor price of an NFT project on Solvent in terms of USDC at any given time by multiplying the real-time price of the droplet for that project. Real-time feeds and quotes for the changes in the price of these droplets can be created by integrating with oracles on-chain.
Developers and other web3 protocols can leverage the real-time feeds from the oracle for building protocols and applications that utilize a stable AMM-based floor price feed on top of Solvent.
Releasing the Solvent SDK
Integration with Ethereum NFT projects
Our plan includes onboarding Ethereum NFTs to Solana programmatically via cross-chain bridges and enabling the features of the Solvent platform to them as well.
Integration with perpetual swaps protocol on Solana
The pricing feed of the droplets via the oracles can be leveraged to trade floor perpetual swaps of the floor price of the NFT projects. Ref: Floor perpetuals as proposed by Dave White from Paradigm Research.
Backed by top-tier investors, we can definitely look forward to Solvent Protocol’s vision of providing value to all NFT holders instant liquidity and not just on Solana but the multi-chain future as well. You can try the app yourself → https://app.solvent.xyz/
(Beware of Scammers, Solvent Team will not DM You for funds):
REGISTER ACCOUNT TO GET BIG BONUS 💰!
BINANCE | HUOBI | MEXC | KUCOIN | BYBIT | GATE | FTX | COINLIST
Follow us to get the best Whitelist Alerts:
Join Telegram: https://t.me/whitelist_alert
Follow Twiter: https://twitter.com/whitelistalert
Join Facebook Group: www.facebook.com/groups/whitelistalert
Bookmark the website: https://whitelistalert.com/