ShredN SHRED
1. Summary
- Price
-
$0.03 -0.6%
- Market Cap
- $302,048.00 (#5211)
- Supply
- 600,000.00 / 100.00M
- Tags
- BNB Chain Ecosystem
- Description
-
ShredN is a protocol designed to address the low liquidity of NFTs by offering a variety of targeted liquidity solutions tailored to specific types of NFTs (ERC-721 and ERC-1155). In contrast to other NFT fragmentation or NFT AMM protocols, ShredN's approach involves setting different liquidity solutions for different types of NFTs. This allows for...
ShredN is a protocol designed to address the low liquidity of NFTs by offering a variety of targeted liquidity solutions tailored to specific types of NFTs (ERC-721 and ERC-1155). In contrast to other NFT fragmentation or NFT AMM protocols, ShredN's approach involves setting different liquidity solutions for different types of NFTs. This allows for fair valuations based on the rarity traits of distinct ERC-721 IDs.
Unique Features
- Targeted Solutions: The protocol covers a range of liquidity solutions, including fragmentation, NFT AMM, and trading strategies for NFT traits. This flexibility allows users to choose the most appropriate solution for their needs.
- Multi-chain: ShredN aims to enable all NFTs to access liquidity by supporting all public chains where NFTs exist.
- Community Co-Governance: Community members participate in the management of NFT projects and the overall direction of ShredN through voting, ensuring collaborative development of NFT liquidity solutions.
- Aggregation: The protocol aggregates all existing NFT liquidity solution platforms to streamline price discovery and enhance liquidity.
SHRED Token Utility
- Community Governance: Users holding SHRED tokens can participate in the governance of ShredN through voting and decide the development and management of NFT projects.
- Fee Reduction: SHRED token holders enjoy reduced fees when trading NFTs on the platform.
- Liquidity Providing Rewards: The commission charged by the platform is issued to NFT liquidity providers in the form of SHRED tokens.
Key Details
- Token Symbol: SHRED
By merging different liquidity solutions and supporting multiple chains, ShredN aims to create a comprehensive liquidity framework for NFTs.
| Price | |
| 52W High price | $1.50 |
| 52W High date | 9th Dec 2024 (2 months ago) |
| All Time High (ATH) Date | 8th Dec 2024 (2 months ago) |
| ATH Price | $1.89 |
| % From ATH | -23.58% |
| All Time Low (ATL) Date | 18th Oct 2023 (1 year ago) |
| ATL Price | $0.38 |
| % From ATL | 281.18% |
| Supply & Trading Volume | |
| Trading Volume (24h) | $7,546.00 |
| Total Supply | 100.00M |
| Max Supply | 100.00M |
| Circulating Supply | 600,000.00 |
SHRED
How does ShredN's (SHRED) performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
20.2%
SHRED
13.3%
Similar Market Cap
60 Day Return
60.5%
SHRED
24.7%
Similar Market Cap
1 Year Return
122.9%
SHRED
60.8%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
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Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 4,999 |
| Twitter followers | 21,027 |
No recent news found.
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://shredn.io/ |
|---|---|
| Explorer | https://www.bscscan.com/token/0xddfD6382A18AD7279e... |
| @ShredNProtocol |
What is the correct contract address for ShredN?
| Binance-smart-chain | 0xddfd6382a18ad7279eb6db4dfb78922ddc33d6e7 |
|---|
Has ShredN been audited for security?
No security audits found for this project.
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