Solv’s vesting vouchers will integrate on Polygon to make it easier for projects to manage their project allocations.
Nowadays, project allocations in the DeFi sector as well as the allocation of OTC markets are inefficient and costly, to both projects and investors. Introducing Solv Protocol, which transforms project allocations into composable and splittable, Financial NFTs.
Solv has deployed their Solv Vouchers smart contracts on Polygon, and received Polygon developer grants as well!
Polygon, a leading platform for Ethereum scaling and infrastructure development., has a healthy and growing ecosystem of DeFi projects, providing projects massive scalability solutions.
Solv’s integration will mean lower gas fees and faster smart contract execution for customers, enabling projects to mint, manage, and trade vouchers at near-zero cost while the DeFi projects on Polygon will benefit from access to Solv’s Financial NFT ecosystem.
Now, users will be able to benefit from Financial NFTs empowered by Solv’s new token standard, which allows for the merging and splitting of these NFTs while still allowing them to represent advanced financial instruments. Users will save themselves money and time dealing with the allocation process, while investors will be able to reinvest tokens when they buy allocations in the form of vouchers.
Solv Voucher smart contracts went live on Polygon on September 27th. And this is just the beginning! After Solv’s Vesting Vouchers, the company plans to deploy its future products on Polygon as well.
“We are building Solv into a premier platform for the minting and trading of Financial NFTs, aiming to become an efficient marketplace for these new types of NFT assets. Expanding to different ecosystems is a priority of ours, and integrating with Polygon will enable reduced gas fees, faster transactions, and a seamless experience for Solv users to fully realize the value of financial NFTs.” – Ryan Chow, Solv Protocol Co-founder
Polygon is the leading platform for Ethereum scaling and infrastructure development. Its growing suite of products offers developers easy access to all major scaling and infrastructure solutions: L2 solutions (ZK Rollups and Optimistic Rollups), sidechains, hybrid solutions, stand-alone and enterprise chains, data availability solutions, and more. Polygon’s scaling solutions have seen widespread adoption with 700+ applications hosted, ~600M total transactions processed, ~60M unique user addresses, and $5B+ in assets secured.
If you’re an Ethereum Developer, you’re already a Polygon developer! Leverage Polygon’s fast and secure txns for your Dapp, get started here.
About Solv Protocol
Solv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs. As our first Financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community building, and token liquidity management for crypto projects.
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