Gainer Protocol

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March 31, 2022 – April 07, 2022

Marketplace:

OpenSea

Blockchain:

Polygon

Gainer Protocol is an investment instrument engaged in the NFT field. NFTs projects generally allow an NFT to be traded based on the price the creator wants, then the buyer can resell it at whatever price he wants on any supported platform. Unlike other NFT projects, Gainer Protocol set a stipulation that the user cannot determine the price when selling NFT, the price has been determined by the protocol’s algorithm using the price rebase mechanism. Gainer Protocol’s price rebase mechanism has an increase of 0.5% per day or 182.5% APY. The base price will automatically be updated at 00.00 UTC. In this way, there is no possibility that an NFT can increase by thousands of % in 1 day and can’t be sold in the future. Then what if someone sells his NFT into another marketplace? We have created a smart contract that prevents other smart contracts from being able to trade Gainer NFTs. Other marketplaces on polygon network only able to view the NFTs but do not have access to listings or transactions. We are using stable coin USDT for transactions.

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