Solvent pris 

SVT

The advantages for the user to choose Solvent for liquidity are:

1. Instant price discovery - If the users choose to list their NFT on marketplaces, they will have to come up with a price for which they can list the asset, whereas Solvent can provide an instant quote on the price they’ll receive in exchange for depositing their NFT.

2. Instant liquidity - Solvent can provide instant liquidity to the NFT depositors once they deposit their NFTs whereas, in the case of other marketplaces, the seller has to wait for the buyer to actually pay the amount and buy it from them, for the seller to receive the liquidity.

The smart contract of the platform is developed on the Solana blockchain and written in Rust programming language, The smart contract is audited for security and code analysis by Certik and the audit report is available here: https://www.certik.com/projects/solvent-protocol

The front end of the web application is developed using React, a Javascript framework. We use Postgres tables hosted on the open-source cloud service provider Supabase, for indexing the NFTs in the Solvent’s buckets for faster loads. For CI/CD, we use Vercel. For logging, and monitoring, we use Logflare, and for error monitoring, we use Sentry. Checkly dashboards help us in terms of monitoring our javascript page loads and related metrics.

We verify the ownership and integrity of the NFT assets and projects by making checks on the NFT token metadata. Our platform requires the NFT projects to have metadata as defined by the Metaplex standard.

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.

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.## Features

Solvent is a platform that is bringing decentralized finance to NFTs using Solana as its infrastructure.

• It allows users to get instant liquidity on their NFTs via converting them into fungible tokens known as droplets.

• Droplets are tradeable on Serum orderbooks like any other fungible tokens.

• Droplets can also be integrated with all the existing and emerging DeFi protocols and applications, to eventually enable use-cases such as lending, collateralized loans, perpetual swaps, and more, on top of NFT assets.