Our Features

Key Features (Contract):

1. Creating LP (first person to add liquidity)

   • User add native currency and NFT as a pair

   • Contract will mint synthetic tokens (user gets to decide the initial price of these tokens/amount to mint)

   • New UniswapV3Pool created with native currency and synthetic tokens as a pair

   • Position minted will be returned to user

2. Adding liquidity

   • User deposits native currency and NFT as a pair

   • Contract will mint synthetic tokens based on price of synthetic tokens in native currency

   • Contract mints a new position in UniswapV3Pool with native currency and newly minted synthetic tokens

   • Position minted will be returned to user

3. Trading

   • Users who do not own the underlying NFT are free to trade the synthetic tokens on Uniswap

4. Removing liquidity

   • User sends the UniswapV3 position to our contract for native currency and their original NFT

   • Contract will remove liquidity from UniswapV3 position

     • Native currency will be returned to the user (may be less or more than what they had first deposited)

     • Synthetic token burnt

     • NFT returned to the user (contract has mapping of liquidity to NFT token ID)