Solvent Protocol

Bringing liquidity to your NFTs on Solana

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Last updated: 03 September 2021 04:32 PM

Created project

The problem Solvent Protocol solves

Solvent makes it easier for NFT holders to discover fair floor prices for their collectibles and provides liquidity using Serum. Inefficient price discovery and capital inefficiency are two of the major factors causing illiquidity for NFT assets. Moreover, Solvent also helps you access DeFi services like borrowing stablecoins for your NFTs, staking and providing liquidity on AMMs like Cyclos, and so on.

Challenges we ran into

The biggest hurdle was the learning curve for programming in Solana. Early on, it was time-consuming to understand the Solana programming model and Rust programming well. But with time, we got better with it. Special shoutout to Anchor! It makes life much easier for Solana developers.