nova

Cypher

One of the protocols we support with our custom DeFi/Yield codebase is DeFi Girls; a collection of 6,765 NFTs on Polygon.

Their request was simple; they had a treasury which they wanted to put to work for their holders. 

We developed a suite of DeFi tools that allowed us to get their treasury into concentrated liquidity balancers, track the fees/rewards, and distribute it evenly among every NFT holder each month.

To date, our LP management has racked up a total of 18.69 ETH in fees for their community, all distributed via smart contract based on how many NFTs any individual owns. Approximately 20% of the fees went directly to Nova, fuelling our own growth.

This is the basis behind upcoming releases under Nova such as /cypher - building sustainable and long-lasting reward systems from real yield.

In everything we build, we aim for real revenue generation & sustained growth to boot. We're hugely looking forward to putting these strategies to work for everyone at Nova over the upcoming cycle.

e/acc || Building @ /nova || Catgirl maxi @ /imgnai || Dogecoin core dev 2013/14

This is looks really good, excited for the times ahead egg