ShylockFi (@ShylockFi) profile picture

ShylockFi

@ShylockFi

A decentralized NFT lending protocol for the sustainability of #Web3 projects, built for @SuiNetwork #Sui

 Sui
shylock.fi
Joined January 2022
  • Tweets54
  • Following79
  • Followers957
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Photo by ShylockFi (@ShylockFi)Photo by ShylockFi (@ShylockFi)Photo by ShylockFi (@ShylockFi)
Since the 2020 bull-run, we have seen that there's a lot of problems that need to be solved before NFTs can reach mass adoption. This is a 🧵thread on some problems we have experienced in the NFT market and how @ShylockFi can help. 🧵 1/?
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Happy to have made this partnership, one of many to come!
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ShylockFi retweeted
OtterSec (@osec_io) profile picture
OtterSec
@osec_io20 Mar 2023
We’ve audited 60+ leading protocols. Yet 66% of audits contain at least one critical vulnerability. Why blockchain security is so difficult for world-class teams:
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This was a great space to be a part of. Thanks @Somisxyz and @SuiWhale for the invite. It was a pleasure speaking to @ShinamiCorp @KeepSakeMarket. Oh, and GM @olee_everstake
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Join us as we discuss web3
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ShylockFi retweeted
Suians (@Suians_) profile picture
Suians@Suians_4 Mar 2023
2/8 You need money and are considering selling your favorite NFT collection? @ShylockFi will be a perfect place for you! ShylockFi is a platform where lenders provide liquidity for NFT collections in a dynamic order-book and receive instant loans in SUI or stablecoins
Image from Suians (@Suians_)
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1/🧵 Exciting news! 🌊 We're thrilled to announce our collaboration with Mysten Labs to bring the power of Sui to Easy, the first web3 social wallet! #SuiNetwork #Suinami
Image from The Easy Company (@TheEasyCoHQ)
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I’m seeing something called @ShylockFi 🧐 NFT lending on Sui 😦… i feel this is innovation
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DeFi: @Turbos_finance @Scallop_io @AftermathFi @hypermatterlabs @CetusProtocol @EZProtocol @LiborDao @OnchainTrade @SnotraQ @ArayaFinance @MniFinance @nojo_swap @MalaProtocol @OmniBTC @PortoLabs_ @Synth_Meta @naami_fi @ShylockFi
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ShylockFi retweeted
Meadow (@meadowlaunch) profile picture
Meadow@meadowlaunch26 Jan 2023
Our website is finally live! Come check out our MVP! 🥳⚡️OGS were the first to test it out! Fully functional app will be out in Q2 of 2023! meadowlaunch.com (Please do note some features are not functional yet) #SuiNetwork #suilaunchpad #launchpad #suiecosystem #aptos
Image from Meadow (@meadowlaunch)
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ShylockFi retweeted
Sui (@SuiNetwork) profile picture
Sui
@SuiNetwork25 Jan 2023
📣We’re excited to share that Sui Testnet Wave 2 is now live! 🎉 And in this wave, you can participate and get hands-on with Sui! ⛓️For more in-depth details, see the blog linked at the end of this thread. Let’s dive in 🧵
Image from Sui (@SuiNetwork)
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This is a great win for the #SuiEcosystem. The folks @EthosWalletXYZ are doing great work, can't wait to see more progress like this in the space.
Ethos ✨ Wallet (@EthosWalletXYZ) profile pictureEthos ✨ Wallet@EthosWalletXYZ26 Jan 2023
✨Seed Funding News ✨ Ethos has raised $4.2 million in a seed round to continue development of their reimagined wallet focused on discovering and engaging with apps on the Sui blockchain, and the accompanying wallet infrastructure. 1/
Image from Ethos ✨ Wallet (@EthosWalletXYZ)
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Hey! You needed money and had to sell your beloved NFT!?😑 And the next day the price of the NFT skyrocketed!?🫤 With @ShylockFi solutions you don't need to sell your NFT. You can use your NFT as a collateral and receive instant loans in SUI or stable coins.🥰 Isn't it great?
ShylockFi (@ShylockFi) profile pictureShylockFi@ShylockFi23 Jan 2023
Replying to @ShylockFi
1/? 👉 Liquidity There are times when we need some instant liquidity to make a trade, buy another NFT for profit etc. But since NFTs are not fungible which means we can't sell a part of it, we are forced to sell everything and usually far below a floor price.
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5/? 👉Conclusion These are just some of the problems we have noticed in the NFT space and are solving at the moment.
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@BigBrainSui @0xBrando @meadowlaunch @SuiGlobal @SuiWhale @SuiNetwork @SuiEcosystem @BigBrainKasey @SuiGlobal @EthosWalletXYZ
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