The collaboration will exist in three dimensions: DeFi lending, NFT and marketing. Moma Protocol offers a proprietary solution for meeting the growing demands for liquidity, scalability and speculation in the DeFi lending markets. The Moma team will provide support to the SpaceSwap team with regards to developing their lending solution and expanding their ecosystem to meet the needs of the SpaceSwap community. NFT STARS and SpaceSwap will in turn assist Moma Protocol on its path to the NFT market. Both projects have great expertise in minting and promoting NFTs, NFT farming and other services relying on the strong aspects of non-fungible tokens. Lastly, the three projects will work on joint marketing activities to promote their services and products.
"We are excited to share this experience with the Moma team and by joining forces, we hope to bring something unique to the market. Our team at SpaceSwap has been working on a lending solution for weeks and we always welcome insightful feedback and expert opinions. With our NFT STARS platform, we are pursuing a goal of introducing more market actors to NFT and are glad to be helping Moma with their NFT plans." - Dan Khomenko, CEO of NFT STARS and SpaceSwap
“We are thrilled to partner up with NFT Stars and welcome high quality NFT projects as such to join Moma Protocol. We believe our Factory's customizable Launch pool design can help projects to fulfill token distribution, acquire initial users, attract users to try out their key products, and complete community activation. After projects have distributed their tokens to the community through their Launch Pool, they could choose to upgrade their Launch Pool to Lending Pool, and this customizable Lending Pool becomes their very own lending platform. Our mission is to help great projects achieve infinite liquidity in DeFi markets. We also very much look forward to working with NFT Stars and SpaceSwap to achieve success, and receive valuable NFT knowhow and insights from them." - Ocean Liao, CEO of Moma Protocol
SpaceSwap is a DeFi ecosystem operating on the Ethereum network and Binance Smart Chain. The suite of SpaceSwap products includes NFT farming, index tokens, LP staking and the upcoming lending solution. The company is revolutionizing yield farming with its Shadow Staking technology that makes the process more secure and less costly. Shadow Staking enables the system to read information about LP tokens directly from the user's wallet and begin the farming process. It allows the user to remain in full control of their funds and doesn't require the funds to be removed from the user’s wallet. This reduces the number of iterations and money spent on Gas.
About NFT STARS
NFT STARS is a multi-chain NFT marketplace that has accumulated a set of features and products to provide artists, digital art lovers, startup founders and investors with unique opportunities. NFT STARS’ unique offering to artists includes Gas-free NFT minting, the opportunity to create an AR gallery in which to host an exhibition, collaborative NFT creation and an NFT Pricing Scanner. Users coming to the platform can participate in fractional NFT trading, platform governance and the selection of creators present on its marketplace. Startups can go through two rounds of Initial NFT Offering, which is a brand-new way to fund ideas.
About Moma Protocol
Moma Protocol is a proprietary solution that meets the growing demands for liquidity, scalability and speculation in DeFi lending markets. With Moma Protocol, everyone can create and manage lending markets. The protocol offers a proprietary customizable Smart Contract Factory which serves the lending markets and users in three roles: Factory, Launcher and Aggregator.Factory is a smart contract factory that can produce and manage Launch Pool and Lending Pool. Launch Pool is a customizable Pre-Lending Pool designed for community mining. Lending Pool is a customizable lending market pool with an over-collateralized loan structure. Aggregator is a calculator and analyzer based on Pool and market data to help users solve their personalized DeFi demands of lending, borrowing and community mining of crypto assets. Moma Protocol’s multi-folded risk management framework includes a crypto risk rating database, two reserve pools, and an innovative Whistleblower mechanism, in which users are encouraged to submit valid risk warning information for incentives.