$0.001439
+$0.000053(+3.83%)
Market Cap
$14.39K
24h High
$0.001500
24h Low
$0.001384
24h Turnover
$1.34K
Total Supply
100.00M
Market Sentiment
Neutral
About ShredN (SHRED)
What is the project about?
ShredN is a protocol dedicated to perfectly solve the low liquidity problemof NFTs. Unlikeother NFT fragmentation or NFT AMM protocols, ShredN will set different liquidity solutionsfor different types of NFTs (ERC-721 or ERC-1155). At the same time, the ShredNprotocol
will distinguish different ERC-721 IDs, allowing NFTs with different attributes to achievefairvaluations based on their rarity traits.
What makes your project unique?
1. Targeted Solutions
The ShredN protocol covers a variety of liquidity solutions. These include: fragmentation, NFT AMM, and the creation of trading strategies for NFT traits. Through Shredn users canchoose the right solution for their individual needs.
2. Multi-chain
ShredN's vision is to enable all NFTs to unlock and access liquidity. To this end, ShredNwill
support all public chains where NFTs exist.
3. Community Co-Governance
Community members can vote to manage the NFT projects that exist on ShredN, decidethedirection of ShredN, and work together to develop NFT liquidity solutions.
4. Aggregation
In order to make the price discovery of NFTs smoother and more liquid, ShredNwill
aggregate all existing NFT liquidity solution platforms.
What can your token be used for?
Community Governance: Users holding SHRED can decide the development of ShredNthrough voting and manage the NFT projects on ShredN's shelves.
Fee reduction: When trading NFTs on ShredN, the platform will charge a portion of thefeeas a reward for NFT liquidity providers; users holding ShredN will be charged a lower feewhen trading.
NFT liquidity providing rewards: the commission charged by the platformwill be issuedtoNFT liquidity providers in the form of SHRED tokens
Risk Disclosure
Cryptocurrencies are high-risk assets and are subject to significant price volatility. The value of digital assets may fluctuate sharply within a short period of time, and you may lose part or all of your investment principal. Past performance does not guarantee future results.
Before engaging in any transaction, you should carefully assess your financial situation, investment experience, investment objectives, and risk tolerance, and ensure that you fully understand the characteristics and risks associated with cryptocurrencies. If necessary, you are advised to consult an independent professional advisor with the appropriate qualifications.
Disclaimer
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