Wootrade Vesting Voucher

Published on: 28.04.2022

Wootrade, a solution that provides liquidity and faster trading speeds for cryptocurrency exchange platforms, is going to issue WOO Vesting Voucher through the Binance NFT marketplace in an effort to build a long-term community.

The Vesting Voucher is an NFT powered by Solv Protocol that allows native tokens to be locked within it and vested over time. It utilizes a standardized contract template that allows projects to mint the Voucher by customizing the number of tokens and vesting schedule among other key parameters, in the template.

Vouchers are powered by Solv’s ERC-3525 token standard, which means it is a fully fractionalizable NFT asset that could be used by projects to flexibly manage allocations and build long-term communities. So far, the Vesting Voucher has helped 38 projects achieve these goals.

Why the Vesting Voucher?

Security

ABOUT Solv Protocol
Solv Protocol is a decentralized marketplace for minting, trading, and managing NFTs that represent financial rights. Solv has offered Vesting Voucher, an allocation management fundraising tool, Convertible Voucher, a structured product allowing DAOs to leverage native tokens, and Bond Voucher, the first market-tested debt instrument in DeFi that helps DAOs tap into the debt capital markets.

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ABOUT WooTrade
Wootrade disrupts the liquidity monopoly by democratizing access to deep liquidity. Exchanges can access WOO Network via API integration and immediately upgrade their order book depth and tighten their bid/ask spread, which allows for more direct competition with top exchanges. Wootrade enables partner exchanges to hedge on WOO X, without having to hedge on other exchanges with high commissions and slippage.

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RESOURCES
Medium

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