Sherpa Protocol: The Complete DeFi Ecosystem on SVM
SVM App is now an all-in-one DeFi platform. We are working on this so that we can fully make it work as a DeFi platform and we have done that and here we are trying to make it work so well here so that you all can see it well
No need for a separate SherpaSwap UI anymore—swap functionality is integrated into the SVM App. You don't have to do anything separately here, we have connected everything together here so that you have a lot of benefits and you don't face any kind of loss here or if you can use it very easily
Currently, you can do many things by using it and I have published some of the highlighted tasks among these tasks here and you can now use them very easily and you can use it very nicely to get your tasks done
- 🔄 Token Swap
- 💰 sUSD mint/repay
- 🏦 Lending & Borrowing
- 💧 Liquidity Providing
- 🌾 Yield Farming
- 🔒 SHERPA Staking
- 📊 Portfolio & debt tracking
Main parts of Sherpa Protocol
SherpaSwap — Concentrated Liquidity based DEX.
sUSD — Overcollateralized stablecoin by STEEM, SBD and SHERPA.
Lending/Borrowing — You can mint sUSD by putting collateral.
Yield Farming — You can get SHERPA rewards by staking LP positions.
SHERPA Staking — Governance power and farming boost, up to 2x.
Protocol-Owned Liquidity (POL) — Treasury itself holds liquidity, which helps increase liquidity and sustainability.
You can complete the Concentrated Liquidity-based DEX by using the Sherpa Protocol and do many more things here that I have told you above. In addition, you can enjoy the full taste of DeFi by using your ID.