Vinci Protocol Airdrop is an NFT-backed DeFi protocol designed for boosting liquidity with a lending platform, and simultaneously hedging volatility with NFT-backed derivative products. Vinci Protocol is airdropping a total of 1,000,000 VCI to users who complete simple tasks. Sign up for the airdrop and complete simple tasks to earn entries. Also earn more entries for each referral. The total pool will be distributed equally based on the number of entries a user has.
A total pool of 1,000,000 VCI will be distributed equally based on the number of entries a user has.
Vinci Protocol is an NFT-backed DeFi protocol designed for boosting liquidity with a liquidity platform, and simultaneously hedging volatility with NFT-backed derivatives. Vinci Protocol will deliver the generalized solutions for NFT lending and perpetuals trading through the following architecture:
serve as the generalized solutions that will allow access to different smart contract platforms, including EVM contracts for EVM-compatible chains like Ethereum and BSC, WASM contracts, and Substrate parachain contracts, for the Polkadot Ecosystem.
NFT-backed Lending and LeasingRenting Platform
serves as the permissionless money market with NFT assets as the collateral, including Pool and P2P mechanism. NFT holders can list their borrowing or leasing needs on the Vinci platform, which will enable money lenders and renters to respond to their requirements and liberate liquidity.
Decentralized NFT-backed Perpetual ContractsDEX
serves as the fully non-custodial and decentralized perpetual market for NFT assets, including AMM and order book mechanism. NFT holders can deposit NFT assets, including collectibles and GameFi items, as collateral to open perpetual contracts to hedge the volatility of the NFT floor price.
Extreme Efficiency and Trader-friendly VinciVM
serves as the technical base layer of Vinci Protocol. It consists of an off-chain Market Maker Engine and an on-chain Settlement Engine. VinciVM is the core component and can be easily deployed on multiple NFT ecosystems, to deliver an extremely efficient and low-cost trading UI/UX.
Vinci Protocol aims at being a pioneer by introducing a new innovative liquidity and derivative platform for the NFT world, along with a lending market and perpetual contracts.
Hedge the Volatility Risks of NFTs.
Vinci is the first innovative platform that will provide perpetual contracts for NFT asset holders, to hedge the market price volatility or liquidation risk from the lending market.
Deep Liquidity with Low Costs.
Vinci will launch a grand market maker incentive program to build deep liquidity, and provide low trading costs with limited gas fees, in addition to trading commissions for traders.
Fully Permissionless & Non-custodial.
Vinci offers a permissionless and non-custodial solution for traders, without any centralized party influencing the market volatility and interfering with users’ funds by manual operations the way centralized exchanges usually do.
Institutional-grade Trading Experiences.
Vinci will provide trading APIs, a wide range of order functions, and deep liquidity (ensured by Market Maker Engine) to create institutional-grade trading experiences for traders.
An ever-growing solution stack
The architecture of Vinci protocol will be compatible with any smart contract platform while providing limitless potentials to boost the liquidity and hedge the risk of volatility.
The VCI token will facilitate the Vinci metaverse, and serve as both a governance token and a utility token with the following (but not limited to) functions:
NFT Lenders are the ones who lend money to the NFT Borrowers.
VCI stakers stake VCI tokens in the Vinci Vault and share the trading fees from the Vinci market.
NFT Borrowers are the ones who deposit their NFT assets as collateral to borrow money.
NFT Renters can borrow NFTs from others to join any play to earn activities.
Market Makers use Vinci’s trading API to provide proficient liquidity by sending cryptographically-signed off-chain order messages to the Vinci market.
NFT Hedgers are traders who are looking to protect themselves from the risk involved in NFT price movements. They look for opportunities to pass on this risk to those who are willing to bear it.
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One of Coinworldstory's longest-tenured contributors, and now one of our news,ico,hyip editors, Verna has authored over 6900+ stories for the site. When not writing or editing, He likes to play basketball, play guitar or visit remote places. Verna, to his regret, holds a very small amount of digital currencies.