Solvent ($SVT) is a platform to enable index funds for NFTs on Solana.
Any NFT holder that wants liquidity out of their NFTs can deposit their NFT asset into its particular NFT collection on Solvent (bucket) for minting fungible tokens (droplets) of that particular NFT project in exchange. These fungible tokens are tradable on Serum orderbooks, just like any other tokens on Solana. This means that these droplets can be used for all DeFi applications and on-chain protocols.
They will commence $SVT trading on Jan 13th, 13:00 (UTC). The withdrawal service will be available afterward.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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