Yield sharks

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November 13, 2024 – November 20, 2024

Marketplace:

Magic Eden

Blockchain:

Solana

Yield Sharks: Empowering NFT Holders with DLMM Revenue Sharing

Yield Sharks is an innovative NFT project that enables holders to earn passive income by participating in Decentralized Liquidity Market Maker(DLMM) pools. By holding Yield Sharks NFTs, community members gain access to a shared pool of funds, which is used to provide liquidity across various decentralized platforms.

With our revenue-sharing model, Yield Sharks distributes half of all trading fees and incentives earned from DLMM activities directly to NFT holders. Each NFT, or "pass", represents a stake in this pool, meaning the more NFTs a holder owns, the greater their share of the revenue.

Key Highlights:
DLMM Pool Participation: Yield Sharks pools funds from NFT holders to engage in decentralized market-making, creating liquidity on platforms and capturing consistent trading fees.

Automated Revenue Distribution: Revenue is automatically managed and distributed via smart contracts, ensuring transparent and seamless payouts.

50% Total Revenue Share: NFT holders collectively receive 50% of all DLMM revenue, allocated based on the number of passes they own.

Vision:
Yield Sharks is designed for those seeking steady, passive income through the innovative world of DeFi. Our project transforms NFT ownership into a tangible financial asset, opening new doors for earning in the decentralized economy.

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See Also