⏳Abstract
What is Shezmu?
What exactly is Shezmu offering that is unique? Starting off, Shezmu advocates for facilitating ease of entry into projects. Often times projects can be confusing, leading to suboptimal use of the project’s services. From this, users can end up in situations where they face unnecessary hassles and costs. Users want a streamlined, cost-effective platform for conducting their DeFi business on. With this in mind, Shezmu allows for fiat on-ramping and multi chain swaps, as well as batched Guardian creation. This allows users to enter the ecosystem efficiently white creating multiple Guardians in a single transaction. Through this, gas fees are reduced and the ecosystem can be entered directly through our dApp. This also saves time and the redundancy of having to mint several Guardians over numerous transactions. Dedicated community members who collect Guardians will benefit the most from our batch based minting. All users can leverage this ability in their sacrifices to Shezmu.
Ecosystem Overview:
Another major benefit of Shezmu is Guardian NFT’s functionality. Starting off is a unique process called Internal Guardian Creation. To explain what this means, let’s go through an example of the process in use. For context in the following example, Guardian NFTs have six unique tiers. Minting each Guardian has a cost of twelve Shezmu. Instead of paying gas fees on minting five Guardians separately, the Shezmu protocol instead automatically “internally mints” one of the tier two Guardians worth the same value of minting five tier 1 Guardians. The benefit here is the gas used via the minting is that of one NFT mint instead of five. This thoughtful feature provides users with the flexibility to expand their Guardian portfolio at their discretion. This once again shows Shezmu’s commitment to its Community.
Guardian NFTs also have another unique feature of the Shezmu protocol. This is the fact that instead of having to sell whole Guardians, users have the ability to fractionally liquidate said NFTs. The process works almost inversely to the unique combination minting process. For example, if a user owns a Guardian, they do not have to liquidate the entire value of the NFT if they prefer not to. Instead, Guardian NFT holders can choose to liquidate a proportional fractional value of said NFT which provides them with the liquidity they desire while automatically converting the remaining value into lower tier valued Guardians. This incentivizes convenience for users while also promoting usage with long term thinking. By combining these two incentives, the Shezmu protocol is positioned in a unique value proposition.
With evolution, Shezmu continued to add more functionality. Within this many new functions have been added within the ecosystem. First of which is Obelisk, a rewards boosting feature for Guardians. Users can mint Obelisk for an ETH and Shezmu fee. Next up is Agora, a bonding product that allows users to be rewarded with discounted Shezmu and SLP. Nile is a dex that allows for both off chain and multi chain acquisition and swapping of Shezmu. Oasis is our flagship product that is a novel, hybrid lending protocol of ERC-721 and ERC-20s which offers users ultimate flexibility within their lending practices.
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