Wasabi Protocol secures $3M seed round led by Electric Capital, joined by Alliance, Memeland, Santiago R Santos, Luca Netz, Zhouxun Yin, Cygaar, Zagabond, DCF God, Bob Loukas, Spencer Ventures, and other top traders, artists, and founders.
We are thrilled to introduce an innovation set to redefine the NFT trading landscape: shorting NFTs using Wasabi Protocol. This groundbreaking feature introduces a robust risk management tool and catalyzes strategic diversification within the NFT market.
Wasabi Protocol is thrilled to announce the upcoming launch of our pioneering "Buy Now, Pay Later" (BNPL) product. Our BNPL stands head and shoulders above recent perpetual lending protocols in several key aspects, offering both traders and liquidity providers enhanced benefits.
As we prepare to announce the next evolution of the Wasabi Protocol, it is important to first outline the existing NFT Finance landscape and its shortcomings. Our discourse focuses on Blend, a perpetual lending protocol supporting arbitrary collateral, including NFTs, without oracle dependencies and expiries.
Wasabi Protocol is revolutionizing the world of non-fungible tokens (NFTs) by enabling liquidity providers (LPs) and traders to buy and sell options on ERC-721 contracts. As the platform continues to evolve and innovate, Wasabi Protocol is excited to announce the introduction of manual option listings for LPs. This new feature adds additional capabilities along with the oracle-based pricing solution and allows users to list options individually, offering greater control and customization.
Wasabi Protocol is now live on Ethereum mainnet in private beta! To access the protocol, you must be a holder of the Wasabi Pass, which serves as an access token to the protocol.
The Wasabi Protocol is revolutionizing the world of non-fungible tokens (NFTs) by offering traders a platform to buy and sell options on ERC-721 contracts. As the NFT market continues to flourish, Wasabi Protocol aims to bring sophisticated trading opportunities to the space. With a successful two-month testnet phase under its belt, the protocol is preparing for its mainnet launch.
Wasabi is now live on Ethereum Mainnet as of April 20, 2023! LPs who deposit NFTs and / or ETH into the Wasabi Protocol early will unlock exclusive benefits and receive early bird rewards.