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Alternate cryptocurrencies => Tokens (Altcoins) => Topic started by: Olatunjex on April 26, 2021, 07:14:37 AM



Title: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Olatunjex on April 26, 2021, 07:14:37 AM
WEBSITE| (http://www.shieldex.io/#/home)
TWITTER | (https://twitter.com/shield_dao)
MEDIUM | (https://shield-dao.medium.com/)
TELEGRAM | (https://t.me/shield_dao)
DISCORD| (https://discord.gg/NAbGTHYgMg)
GITHUB (https://github.com/slowmist/Knowledge-Base/blob/master/open-report/Smart%20Contract%20Security%20Audit%20Report%20-%20Shield.pdf)


Shield Protocol
Shield is building a one-of-a-find decentralized derivative exchange that trading risk-free perpetual contracts. Risk-free Perpetual Contract is an innovative financial product with infinite upside potential and limited downside risk, which has no delivery and only on Shield

Shield’s unique selling points:
-0 Position Loss
A brand new perpetual market that trader only needs to pay for the funding fee and earns infinite profits

-Unlimited Liquidity by well hedged private pool and retail-focused public pool to ensure strong liquidity for traders.

-High Leverage, the option like funding fee model enables up tp 1000x leverage



What is Shield
A decentralized exchange for trading perpetual without position loss.

Shield devotes to developing a trustless, censorship-resistant and accessible protocol based on a fully non-cooperative game—the next generation of global derivative infrastructure.


Why Trade with Shield
Redefine Decentralized Derivatives Trading on Shield.

Testnet live on
www.shieldex.io (http://shieldex.io)


SLD TOKEN METRICS
SLD token will be served as the platform token of Shield for governance
and eco incentives purposes. The total supply of SLD is fixed at 1 billion.
SLD Distribution
1) Early Investors + Strategic partners: 15%(150 million). Global Investors
and strategic partners in the DeFi ecosystem
2) Team: 15% (150million) Developers and core team members,
3) Advisors 2%(20million) Contributors that help and participate early
development of Shield.
4) Shield Development Fund(SDF). 17 2%(172 million) SDF will be used for
future product development/PR&Marketing/ Audit/Eco
development/Emergency purposes. Shield-DAO reserves the ownership of
SOF fund, and has the right to vote for burning at most 80% of unlocked
fund.
5) Airdrop: 08%(8 million) For community and early participants
6) Mining Incentivos: 50% (500million) Rewards for liquidity providers and
external liquidators.
Roadmap & Timeline

Social Media Communities
Website: www.shieldex.io
Whitepaper: https://docsend.com/view/pd7y4yayibd4nrpu
Twitter: https://twitter.com/shield_dao
Medium: https://shield-dao.medium.com/
Telegram: https://t.me/shield_dao
Discord: https://discord.gg/NAbGTHYgMg

WEBSITE| (http://www.shieldex.io/#/home)
TWITTER | (https://twitter.com/shield_dao)
MEDIUM | (https://shield-dao.medium.com/)
TELEGRAM | (https://t.me/shield_dao)
DISCORD| (https://discord.gg/NAbGTHYgMg)
GITHUB (https://github.com/slowmist/Knowledge-Base/blob/master/open-report/Smart%20Contract%20Security%20Audit%20Report%20-%20Shield.pdf)


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Olatunjex on April 26, 2021, 07:29:08 AM
Reserved


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Deewhy50 on April 26, 2021, 07:58:29 AM
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Docbee on April 26, 2021, 08:14:37 AM
I am very optimistic about the track and I have heard that a lot of well-known organizations have been involved in the project.


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Docbee on April 26, 2021, 08:16:29 AM
How am I supposed to understand this word “risk-fee”?


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: republicrypto on April 26, 2021, 09:07:24 PM
How am I supposed to understand this word “risk-fee”?

i hope this link will help you to understand about "risk-free"
https://shield-dao.medium.com/introducing-the-first-risk-free-perpetual-contract-ca8331574ba7
https://shield-dao.medium.com/step-by-step-guide-on-shields-risk-free-perpetuals-28e76d22f03d
regards


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Olatunjex on April 27, 2021, 05:00:30 AM
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?
1&2) Shiled protocol is absolutely risk free because it uses a combination of a dual liquidity pool model, SLD (the native token of the platform), a decentralized brokerage system, and external liquidators to counteract the existing limitations. For in depth explanation you can read this medium post https://shield-dao.medium.com/introducing-the-first-risk-free-perpetual-contract-ca8331574ba7

3) Usually, with normal perpetuals, the downside can be unlimited in the case of an unfavorable price movement. However, thanks to Shield’s ingenuous funding-fee mechanism, your downside is limited only to the funding fee that you’ve to pay to keep your position open.
 
The protocol allows the users to open long or short positions with infinite upside potential, without delivery, in a fully trustless manner. The expected payoff is calculated as follows

4) The testnet is available here http://shieldex.io/


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Olatunjex on April 27, 2021, 05:15:54 AM
How am I supposed to understand this word “risk-fee”?
You can as well read the answer to question 1&2 for full insight on how shelf protocol perpetual contract works.


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Deewhy50 on April 27, 2021, 06:12:01 AM
How am I supposed to understand this word “risk-fee”?

i hope this link will help you to understand about "risk-free"
https://shield-dao.medium.com/introducing-the-first-risk-free-perpetual-contract-ca8331574ba7
https://shield-dao.medium.com/step-by-step-guide-on-shields-risk-free-perpetuals-28e76d22f03d
regards

thanks, bro. It seems the team is anonymous. It worries me a bit tho. But the idea is good. Will keep an eye on it anyway


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Iyanu14 on April 27, 2021, 06:42:16 AM
Shield Dao hopes to become the next UNiswap of the contract trading market. I probably took a look at their technical background, and it matches the old dydx and new Higic. After all, the technology and concept of 2021 defi are much better than a few years ago.


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Kemileye on April 27, 2021, 07:01:16 AM
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?
i think the host means that the dex perpetual is operated by smart contract, so it wont face a risk that when markets shaking and the dex exchange starts to shut down for a while, because this would cause a serious problem for users if you have a order.


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Dharmmie on April 27, 2021, 09:19:03 AM
How to join it? Any IDO? Listing?


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: didzi on May 25, 2021, 09:06:51 PM
How to join it? Any IDO? Listing?

for now, there is no informations about IDO or listing
source https://t.me/shield_DAO/24890
you can join the telegram group (https://t.me/shield_dao) from Shield protocol project, to get the latest updates about this project


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: Suke_Teki on June 05, 2021, 05:28:06 AM
SHIELD has secured a USD 2 million investment in a private funding round.
SHIELD secured investments from leading investors A&T Capital and Hashkey Capital, while other investors included SevenX Ventures, Incuba Alpha, Youbi Capital, OKEx Blockdream Ventures, Bonfire Union, Moonwhale Ventures, Zonff Partners, Shima Capital and Sharlyn Wu.
Read more here (https://finance.yahoo.com/news/shield-secures-2m-funding-t-155100286.html?guce_referrer=aHR0cHM6Ly93d3cuZ29vZ2xlLmNvbS8&guce_referrer_sig=AQAAADMzhsJqbz3dhQD096MFHyvQh1jOWyu1muw1Mx4WuNZ8og45R0uTS3yZ1eVM6T_qOxL_Kvupuwg7oote-P3eKSAxX1PdqihPu-n-NjUxxXl8MpzV1CqnEIBGYUn-Ppl4Wc6C4kjjnHKqbuvbYREteVvo6yqHrRcWEUJjhZdYFTZ7&guccounter=2)
https://orders.newsfilecorp.com/files/7829/85764_4581ff4a6443eb85_001full.jpg


Title: Re: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract
Post by: didzi on June 09, 2021, 09:11:43 PM
good news everyone, because now you can watch this project in coinmarketcap
https://coinmarketcap.com/currencies/shieldex