Cheers to the Vera Labs team and welcome to the Seahorse Initiative 🥂
Vera Labs is bringing to life the vision of an open financial platform that allows anyone or any app to finance, rent, or lend NFTs.
Vera’s vision is to build open, secure, and powerful NFT financial products that are equally available to everyone. The spirit of opening financial products to more people is very in line with our mission here at Solv, and we are pleased to be able to join forces with Vera to effect such important change in the DeFi sector and strengthen the ecosystem surrounding NFTs.
About the Partnership
Vera has adopted our voucher technology and will be issuing $VERA Vesting Vouchers on our platform. Not only this, but together with Vera we are building out a new use case of a new form of staking. Users can buy $VERA Vesting Vouchers with $VERA tokens to get staking rewards. This way users can take an active part in Vera’s development and enjoy access to new revenue streams through staking rewards. For the Vera Team, it will help them foster a closer connection with long-term Vera Labs community members.
This has been a hugely encouraging year for Solv so far, and we aren’t even close to stopping! Solv’s vision is twofold: First, we will bring forth a variety of Financial NFTs to represent assets such as lock-up allocations, convertible bonds, accounts receivable, to name a few. Second, we plan to become the first and largest on-chain marketplace for all financial NFTs. And we are very happy to count Vera among those spurring us onward towards these goals!
About Vera Labs
Vera is the easiest way for anyone to rent, lend, and finance non-fungible tokens (NFT). Founded in 2021 and backed by notable investors in the decentralized fintech space such as Animoca Brands and the Web3 Foundation, Vera’s mission is simple: To build open, secure, and powerful NFT financial products that are equally available to everyone everywhere.
Solv Protocol is the decentralized platform for creating, managing, and trading Financial NFTs. As our first Financial NFT product, Vesting Vouchers are fractionalized NFTs representing lock-up vesting tokens, thus releasing their liquidity and enabling financial scenarios such as fundraising, community building, and token liquidity management for crypto projects.