 | Shell Protocol (SHELL)Shell Protocol is a DeFi (Decentralized finance) hub for users & builders. Shell Protocol is revolutionizing smart contract design, saving gas and reducing code complexity:
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Overview
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OpenWhat is Shell Protocol
Shell Protocol is a smarter home for DeFi. The long-awaited Shell v2 lets you build capital-efficient AMMs that can evolve over time, design transactions with seamless atomic composability, and offer up to 4x cheaper gas costs for your users. It’s a new ecosystem of financial primitives (like AMMs, lending pools, algorithmic stablecoins, or NFT markets) forming the next wave of leading DeFi projects.
Building with Shell v2 doesn’t just mean better smart contract architecture. It also unlocks the power of the Shell network effect, granting your project instant interoperability with every other Shell-native primitive — past, present, and future.
The objective of the Shell Protocol is to create an internet monetary system using stablecoins as building blocks.
The first release is a liquidity pool optimized for stablecoin-to-stablecoin trades. It has weights, deep liquidity, protections against a broken peg and dynamic fees. It can also provide liquidity directly between stablecoin derivatives such as cTokens and aTokens. The goal for this iteration is to develop a framework for flexible bonding curves that can adapt to new use cases and market conditions.
Liquidity provider shares are called “shells” because they are containers for the value held by the pool, just as living shells are containers for the organism inside. Shells are natively liquid, diversify exposure and earn yield. They have the potential to become the primary means of storing and transacting value.
LegalRegistration year: 2020 | Token infoTicker: SHELLType: Utility-token |
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