## 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.

## Introduction

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.

### Problem Solvent solves    

Liquidity is essential for enabling smoother transactions on any tradable asset. NFTs are highly illiquid today. One of the most common ways of trading NFTs today is via a sale-based or auction-based mechanism where the sellers list their NFT assets on the marketplaces. In the sale-based mechanism, the sellers list their items at a fixed price, and buyers can pay that amount to receive the NFT asset to make a trade possible. In the auction-based mechanism, the sellers list their items for an auction and receive bids from the interested buyers, with the NFT asset going to the highest bidder. In both cases, the amount of capital that has to come into play just for executing one single NFT trade is high, and therefore the capital efficiency in both cases is low.

### How it works

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.

  
## Technology stack:

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.

 
## Roadmap

### 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

We will be releasing the Solvent Javascript SDK publicly for the developers and protocols to query the Solvent buckets data and integrate Solvent's functionality of tokenizing NFTs into droplets directly on their apps.

### 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](https://www.paradigm.xyz/2021/08/floor-perps/) 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.

Solvent

SolFlare

Backpack

Phantom

Solana

dogwifhat

Pyth Network

Jupiter

BOOK OF MEME

Popcat (SOL)

cat in a dogs world

ALL BEST ICO

Helium

Hivemapper

SLERF

michi

Helium Mobile

Jito

GameStop

DogWifNoHat

CHEEKS

Pedro The Raccoon

TEH EPIK DUCK

CatWifHat

MobilinkToken

Karus Starter

MyToken

Golden Token

YFDAI is an entire permission less DeFi ecosystem that combines Staking & Farming services and soon, Lending/Borrowing services, SafePredict, and Insurance together with their own DEX called SafeSwap and their own LaunchPad where legitimate projects in the DeFi space can launch their new vetted projects with contract audits, locked liquidity and locked dev tokens in time release smart contracts.  Whereas other DeFi protocols rely upon minting new tokens to sustain their staking and farming rewards, YFDAI has allocated tokens for these products which will be replenished with fees generated by the ecosystem. YFDAI also has a deflationary burn mechanism built into the platform that will ultimately reduce the total supply to just 13,950 tokens.

YFDAI’s mission is to clean up the DeFi space by de-risking the purchase of new projects by performing due diligence vetting and requiring adherence to the same protocols that YFDAI itself adhered to on their launch.  YFDAI’s motto is ‘no more exit scams or rug pulls.’

YFDAI.FINANCE

Ruff

Voxie Tactics is a free-to-play, 3D turn-based tactical RPG game designed in a retro style. The developers of this virtual universe took inspiration from the classic tactical games of the 1990s and 2000s, but with modern game mechanics and updates in mind. The game offers two main playing modes, called Exploration and Battling, which incorporate game mechanics inherent in RPG games.

Voxies in-game mechanics (market, gear crafting, PvP battles) is the main driving force behind the demand for VOXEL tokens.

Voxies (VOXEL) is the native utility currency of Voxie Tactics, which allows players to purchase weapons, armor, and other in-game items. The token is available in the secondary market, which means that VOXEL tokens can be purchased within the game and then sold in the secondary market, just like Voxies NFTs.

Voxies is the role-playing game project built on blockchain technology where users can play Voxie Tactics and take advantage of the VOXEL token, earning rewards in the process. Gamers can explore the Voxtopia world or challenge other users at the PVP arena. Upon winning, players receive VOXEL tokens and in-game NFT items.

Of the obvious advantages, Voxies is a free-to-play game. Moreover, players do not need to understand the field of cryptocurrency or buy Voxie NFT in order to immerse themselves in the Voxie Tactics universe, Therefore, anyone can join the Voxie universe and start playing instantly.

Who Are the Founders of Voxies?

Voxies (VOXEL) was launched in Q4 2021 by AlwaysGeeky Games.

AlwaysGeeky Games is a team of professionals and enthusiasts that have been in the game development industry for over 15 years. Team members have gained their experience in worldwide studios around the world, among them EA Games, Warner Brothers Games, and Ubisoft. They have also contributed to projects like the Assassin's Creed franchise, the Farcry franchise, Mortal Kombat 11, and the Harry Potter games.

The names behind Voxies:

Steven Ball (Founder / CEO) has been developing games for AAA studios like EA and Ubisoft for over 15 years. He has worked with all stages of development lifecycles, from concept formation to production.

Ash Kurn (Co-Founder / CCO) has an impressive experience in customer service and specializes in quality assurance at WB Games. At work, he constantly strives to bring maximum benefit and joy to the players, trying to understand their way of thinking.

Ryan Sterling (CFO) handles all financial aspects. Prior to AlwaysGeeky Games, he worked as an accountant for major real estate and financial services companies. He is a big fan of the Heroes Might & Magic saga and other role-playing games.

Jake Melendy (CSO) determines the strategic direction of the company. He has been in sales and marketing in the technology space for more than 10 years. On top of that, he has collaborated with prestigious Fortune 100 companies like Oracle.

What Makes Voxies Unique?

In the fourth quarter of 2021, a public demo of Voxie Tactics with PvP Arenas and exploration mode was released. Players can test game mechanics like party selection, equipment loadouts, and PvE battles. The Voxies team also launched an in-game trading platform for trading items like characters, gear, and NFTs.

The Voxies ecosystem includes the following key components:

In-Game Market where players trade in-game items.

Competitive Matches. Gamers take part in two types of player-to-player (PvP) matches to earn VOXEL.

Crafting Equipment. To upgrade in-game goods or increase their rarity, users mix and fuse elements of the game, forming different combinations.

Voxie NFT Collection. There are 10,000 Voxies in existence that are unique and cannot be replicated. In order to create the next generation Voxie NFT, users will need in-game items such as Crystals and a very rare item known as the Catalyst Stone.

Advantages of the tactical RPG, Voxie Tactics:

Anyone can join the Voxie world and start playing right away. Users don't need any crypto knowledge beforehand. They also don't need to own Voxie NFTs or have any capital to get started, they can simply play and earn VOXEL;

Gamers can win contests and rewards by fighting in the PVP arena, or simply by exploring the Voxtopia universe or playing against the computer;

Users earn VOXEL tokens and collectible NFTs that can be bought, sold, traded, and lent on the blockchain.

Related Pages:

Read about Polygon (MATIC) and The Sandbox (SAND).

Take a deep dive into Voxies: features, tokenomics, and price prediction by CoinMarketCap.

What is ERC-20? Find out with the CMC glossary.

The latest data about Ethereum (ETH).

Check out the top NFT games in 2021.

How Many Voxies (VOXEL) Coins Are There in Circulation?

VOXEL is the native token of the Voxie Tactics universe with the maximum supply of 300,000,000 coins. The token distribution is as follows:

Play-to-Earn: 50% of the total supply;

Team: 24% of the total supply;

Binance Launchpad Sale: 10% of the total supply;

Advisors: 7% of the total supply;

Ecosystem: 4% of the total supply;

Private Sale: 3% of the total supply;

Airdrop: 2% of the total supply.

As of December 2021, the circulating supply is 60,093,123.90 VOXEL (23% of the total supply).

$VOXEL use cases:

VOXEL can be earned by playing Voxie Tactics in various modes;

Token owners can exchange VOXE for in-game items on the in-game marketplace;

Token holders can craft items via VOXEL and consumable items;

VOXEL is used to pay the entry fee to the Voxie Tactics PvP arenas.

How Is the Voxies Network Secured?

Voxies (VOXEL) is an ERC-20 built on top of the Ethereum blockchain, so it's secured by the Proof-of-Stake (PoS) consensus mechanism. Moreover, Voxies is audited by CertiK, a company that specializes in blockchain security, utilizing cutting-edge AI and FV technology to secure smart contracts and blockchains.

Where Can You Buy Voxies (VOXEL)?

As of December 2021, Voxies (VOXEL) is available on crypto exchanges, such as Binance, Tokocrypto, Bitrue, QuickSwap, Nominex, XT.COM, DODO Polygon, and ZT.

Want to keep track of VOXEL prices live? Download the CMC mobile app.

Expand your knowledge of crypto with CMC Alexandria.

Have a look at the CoinMarketCap blog.

Check out our list of free-to-play NFT games to get started playing.

Voxies

Multichain (MULTI), previously known as Anyswap, claims to be the ultimate router for web3 and has positioned itself as an infrastructure developed for arbitrary cross-chain interactions.

As claimed in their official documentation, Multichain offers solutions that enable nearly all blockchains to interconnect – regardless if it is EVM chains (e.g., Avalanche), Layer 2 chains tied to Ethereum (like Polygon), Parachains networks like Moonbeam on Polkadot, and so on.

Multichain is a prominent name in the cross-chain space, with a rapidly growing network of 26 chains, with Total Value Locked (TVL) reaching highs of over $10.45 billion, and a sustained daily volume of over $100 million. However, the onset of the bear market and recent news of Multichain CEO being uncontactable saw TVL dropping to $1.38B.

Multichain

Tokoin

Silent Notary

Edge

CNNS

Bitcoin File

Future1coin

Bifrost is a multichain middleware platform that enables developers to create Decentralized Applications (DApps) on top of multiple protocols. Not restrained to a single blockchain, Bifrost creates a new environment where developers can combine the best protocols to develop substantially more scalable and flexible DApps.

With Bifrost, developers can write smart contracts for multiple blockchain protocols in an unified environment. They simply select the target blockchain for each part of the code, then Bifrost will transpile, compile, and deploy the code into the target blockchains at once. Developers can also easily operate their DApps and even switch the target blockchain as new and better protocols become available.

Bifrost has multiple components that allow for a seamless connection among all blockchains:

Recipe: A language application that defines the programming language of Bifrost and generates smart contract codes with guaranteed code-level flexibility.

Linker: A system that connects the user and Bifrost components, ensuring the seamless operation on top of multiple blockchains.

Builder: An Integrated Development Environment (IDE) that offers a customized environment to use the comprehensive suite of features of Bifrost.

Gourmet: An automated testing environment for Bifrost service and smart contract development, updating with the latest technologies for blockchain.

Scan: A dashboard that provides you with a full view of the internal process of Bifrost and shows your blockchain interconnectivity in diagram.

Bifrost

NEST Protocol

FRAKT Token

Telos

Adventure Gold (AGLD) is the native ERC-20 token of the Loot non-fungible token (NFT) project. Loot is a text-based, randomized adventure gear generated and stored on-chain, created by social media network Vine co-founder Dom Hofmann. The project intentionally has no front-end interface, images, statistics or functionality. Instead, it is based on a set of 8,000 text-based NFTs open to how the community wants to interpret it. The NFTs contain texts of gears ranging from the “Holy Greaves of Giants” to the “Grim Shout.” As of Sept. 8, 2021, the floor price of Loot on OpenSea is 8.56 ETH. Numerous derivative projects are being built around Loot and can be found here.

Adventure Gold was launched on Sept. 2, 2021, and allowed each owner of a Loot NFT to claim 10,000 tokens for free. With the price of AGLD skyrocketing in the initial days of trading, this airdrop was worth as much as $70,000 per NFT. AGLD founder Will Papper claimed he wanted to set a standard for projects building on Loot by providing a currency for the decentralized gaming universe.

Adventure Gold

While the concept behind Merit Circle is not entirely new, the project itself is a leading DAO with the goal to maximize value accrual across different games in the metaverse. Its platform is at the intersection of capital, expertise and players — representing investors, platform and managers — and of course,  gamers.

The returns that the project has the potential to make will be able to translate into potentially life-changing income for some of the gamers engaging with it. The players have recognized the value of the project and the scholarship program that was created for them, and there are already over 500 scholars currently playing Axie Infinity.

There are already significant revenues that are flowing into the Circle of Merit, which benefits the DAO itself, as well as players and liquidity providers. More are expected to come, especially since Merit Circle DAO will now start focusing on other opportunities in the metaverse through new games.

Furthermore, Merit Circle boasts an impressive list of partners, including DeFiance Capital, Spartan Group, Yield Guild Games and more. These and others are all industry-leading names, who have praised Merit Circle for building a scalable operational process that can effectively grow, onboard, and sustain new members. In fact, DeFiance Capital’s Arthur said that DeFiance believes that “Merit Circle will be among the top guilds that will be kingmakers in this land.”

All of the partners, plus a number of angel investors, supported the company during its seed round, helping it raise $4.5 million