Solv Vouchers Launch

Published on: 17.06.2021

Solv Protocol announced that Solv Vouchers is live on Ethereum Mainnet today.

Dozens of outstanding projects including DODO, Bounce Finance, Parsiq, Saffron Finance, Naos Finance and others are about to deposit tokens and mint their own allocation Vouchers on our platform. Everyone is welcome to access their private allocation sales by buying Vouchers representing allocations from these projects.

To begin with, there will be 3 types of Solv Vouchers based on their release schedule. They are “Linear”, where the allocation gets released based on block height; “Staged,” where the allocation gets released based on predetermined stages; and “One-Time,” which is the natural release schedule on a final maturation date. Regardless of which release mode projects choose to mint their Vouchers, all of them will be classified as semi-fungible assets and applicable on any platform which accepts NFTs for buying and selling like on OpenSea or as collateral like on NFTfi.

With private round of $1 million from the likes of The Spartan Group、IOSS, Hashed, Krypital Group, GBV , Maple Leaf Capital and Axia8 Ventures, we have been working hard at creating not just beautifully designed Solv Vouchers, but also making sure that the usability is intact for our MainNet launch.

With the development of Decentralized Finance, explorations of bringing NFTs into more tangible scenarios of finance are conceiving the concept of “Financial NFTs.” Strictly speaking, what Financial NFT means is an upgraded version of NFTs that could enable its abilities to express the multi-dimensional attributes of assets in the form of computable NFTs. However, both ERC-20 and ERC-721 have become a restraint to its potential. This is why we envisioned the new token standard vNFT — with Solv Vouchers being the first vNFT product we launched. But it won’t be the last one.