Zharta

Inspiration

Build a usefull protocol that can enable better liquidity for NFT Holders

What it does

We enable a smart contract that allows for bundle of several NFT to be requested in order to provide a pre-determined priced Loan with integration into an Investment pool that provides the liquidity

How we built it

• We Built the solution in Vyper
• The SC creates Pre-Approved Loan Conditions that will receive an arbitraty set of ERC721 Tokens defined in the Loan Conditions
• The Loan is Activated with NFT(s) Deposit
• The Investment Pool is allowed to provides liquidity
• The Smart Contract Holds Assets until Payment or Maturity date

Accelerator: We reused a module of our "Investment Pool" and focused only in the Multi-asset NFT Logic

Challenges we ran into

• Tokenomics Problems related with Gas Fees
• UX barrier where user has to approve NFTs transfer one by one
• Vyper only supports fixed sized arrays

Accomplishments that we're proud of:

• Our SCs are able to hold the logic of receiving the NFTs in E2E flow and re-sent the NFTs into the Owner Wallet;

What we learned

• Tokenomics can be Key for L2V decisions and User mass Adoption

What's next for Zharta

• This SC is a initial mock draft for the functionality and a good exercice to demonstrate the logic, but a proper solution has to be now fully specified and designed and matured
• Proof of Concept with this functionality built in with a hyper care QA and Gas Improvments

Built With

• amazon-web-services
• ethereum
• flask
• kubernetes
• postgresql
• python
• vyper