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Topic: [ANN] Shield Protocol - The First Decentralized Risk-free Perpetual Contract (Read 172 times)

sr. member
Activity: 1092
Merit: 250
Hodlers Network
Chill with Shield AMA Recap

Shield is one of the first 2FA on the Blockchain to incorporate Binance SmartChain for 2FA secret backup, replacing various centralized servers such as Amazon Web Services, Google Cloud, Microsoft Azure, and others.

What sets Shield apart from others
Shield aims to satisfy this risk management demand by offering risk-free perpetual.
Why Shield perpetuals are great ? you can read the details in the link below
https://shield-dao.medium.com/chill-with-shield-ama-recap-d7c3f1a1fb1a

sr. member
Activity: 1092
Merit: 250
Hodlers Network
good news everyone, because now you can watch this project in coinmarketcap
https://coinmarketcap.com/currencies/shieldex
member
Activity: 588
Merit: 10
SHIELD has secured a USD 2 million investment in a private funding round.
SHIELD secured investments from leading investors A&T Capital and Hashkey Capital, while other investors included SevenX Ventures, Incuba Alpha, Youbi Capital, OKEx Blockdream Ventures, Bonfire Union, Moonwhale Ventures, Zonff Partners, Shima Capital and Sharlyn Wu.
Read more here
sr. member
Activity: 1092
Merit: 250
Hodlers Network
How to join it? Any IDO? Listing?

for now, there is no informations about IDO or listing
source https://t.me/shield_DAO/24890
you can join the telegram group from Shield protocol project, to get the latest updates about this project
copper member
Activity: 71
Merit: 1
How to join it? Any IDO? Listing?
member
Activity: 573
Merit: 11
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?
i think the host means that the dex perpetual is operated by smart contract, so it wont face a risk that when markets shaking and the dex exchange starts to shut down for a while, because this would cause a serious problem for users if you have a order.
member
Activity: 795
Merit: 10
Shield Dao hopes to become the next UNiswap of the contract trading market. I probably took a look at their technical background, and it matches the old dydx and new Higic. After all, the technology and concept of 2021 defi are much better than a few years ago.
copper member
Activity: 99
Merit: 1

thanks, bro. It seems the team is anonymous. It worries me a bit tho. But the idea is good. Will keep an eye on it anyway
full member
Activity: 1064
Merit: 102
How am I supposed to understand this word “risk-fee”?
You can as well read the answer to question 1&2 for full insight on how shelf protocol perpetual contract works.
full member
Activity: 1064
Merit: 102
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?
1&2) Shiled protocol is absolutely risk free because it uses a combination of a dual liquidity pool model, SLD (the native token of the platform), a decentralized brokerage system, and external liquidators to counteract the existing limitations. For in depth explanation you can read this medium post https://shield-dao.medium.com/introducing-the-first-risk-free-perpetual-contract-ca8331574ba7

3) Usually, with normal perpetuals, the downside can be unlimited in the case of an unfavorable price movement. However, thanks to Shield’s ingenuous funding-fee mechanism, your downside is limited only to the funding fee that you’ve to pay to keep your position open.
 
The protocol allows the users to open long or short positions with infinite upside potential, without delivery, in a fully trustless manner. The expected payoff is calculated as follows

4) The testnet is available here http://shieldex.io/
full member
Activity: 822
Merit: 100
How am I supposed to understand this word “risk-fee”?
full member
Activity: 822
Merit: 100
I am very optimistic about the track and I have heard that a lot of well-known organizations have been involved in the project.
copper member
Activity: 99
Merit: 1
risk free? How is it possible? What do you mean with unlimited upside potential and limited downside risk? How can I try on the testnet?
full member
Activity: 1064
Merit: 102
full member
Activity: 1064
Merit: 102
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