⚡TL:DR
TL:DR:
What is Shezmu?
Shezmu is the first hybrid isolated lending market, allowing users to borrow against select ERC-20, ERC-721, and ERC-1155 assets. Shezmu also contains a cross-chain router DEX & has pioneered the supply-elastic NFTfi model.
How do I purchase Shezmu?
Shezmu is acquirable on DEX's such as Uniswap and 1Inch, and is not currently available on any Centralized Exchanges.
What are taxes?
Taxes are a small contribution taken from each transaction in order to help fund the Protocol's operations and distribution of USDC to Guardians holders.
Why does Shezmu have Taxes?
Shezmu has 0% buy tax and 6% sells tax. Out of the 6% sells tax, 2% goes to liquidity, 2% goes to USDC for guardian holders, and 2% goes to Shezmu's stability fund. Each of these functions are critical in order to maintain the platforms operations and price stability.
How do I earn rewards?
Shezmu community members can earn rewards via burning tokens to acquire Guardian NFTs. Once a user owns a Guardian, they are entitled to Shezmu token and USDC rewards.
What are Guardians?
Guardians are the name for the NFTs minted through burning Shezmu tokens on the Shezmu Protocol. Guardian holders are rewarded with 2% of the sell tax volume paid out in USDC, and receive .12 Shezmu tokens per day with a 20% fee on claims. This fee goes towards the treasury and allows the Shezmu team to compound liquidity twice as fast, allowing for improved price stability and scalability for the Shezmu ecosystem.
What are Guardians potential earnings?
The graph below illustrates the potential earnings per guardian tier at various market caps.
How do I acquire a Guardian?
In order to acquire a Guardian, you must first obtain Shezmu tokens. Once obtained, users have the ability to burn said tokens in order to acquire a Guardian and receive rewards.
How do I make Guardians?
To mint Guardians, users simply need to burn a proportional amount of Shezmu tokens.
Where can I trade Guardians?
Guardians will be tradable on Ethereum NFT markets such as Opensea and Blur. Just simply connect your Ethereum based wallet of choice to the marketplace in order to trade Guardians.
Can I boost my rewards?
Yes, with the use of Obelisk, users can access numerous options to increase yields on assets.
What are bonds?
Bonds are equivalent to loaning assets in exchange for compensation. Oftentimes, this compensation comes in the form of scheduled coupons which are called "coupons".
What is "on-ramping" and "off-ramping"?
These are terms generally used within the community to describe the transfer of depositing and withdrawing assets from a platform. "On-ramping" is acquiring said assets while "off-ramping" is disposing of said assets.
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