Defishards Whitepaper
  • 💡INTRODUCTION
    • Overview
    • What problems are we solving and how?
    • Mission and Vision
    • Why build on NEAR?
  • 💡Our products
    • NFT Launchpad
    • NFT Marketplace
    • Do your own shard (DYOS)
  • 💡PROTOCOL MECHANICS
    • Vault
    • Burn
    • Transfer
    • Buy and Sell
    • Fee Structure
  • 💡Tokenomics
  • 💡Roadmap
  • 💡Conclusion
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  1. INTRODUCTION

Overview

DeFiShards is a decentralized investment platform built on NEAR Protocol that leverages NFTs to provide access to various DeFi products. Users can mint NFTs representing ownership of different assets or financial products.

The goal of DeFiShards is to enable artists to create NFT collections backed by fungible tokens. This innovative fusion of the unique qualities of NFTs and DeFi’s adaptability results in an accessible and secure investment experience.

At the core of DeFiShards lies a robust security system. Unlike traditional DeFi platforms, which are vulnerable to hacks, DeFiShards prioritizes security with its unique vault architecture. Users can mint asset-wrapped NFTs secured by Solo User Vaults. These vaults are on-chain smart contracts serving as secure storage for user’s assets, with the NFTs acting as keys to unlock them.

You own the NFT, you own the vault’s contents.

NextWhat problems are we solving and how?

Last updated 6 months ago

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