Shield is the crypto-native solution to on-chain derivatives. Shield is building a secure, stable, and open decentralized derivatives trading protocol.
The SLD token is a utility token designed to facilitate and incentivize Shield and it's value allocation. Shield captures value through trading fees and returns 100% of the revenue to the maintainers of the decentralized network (value creators).
GOVERNANCE — Shield is the community itself and will transit to community governance to decide the product roadmap, ecosystem support, and reshape the future derivatives protocols.
SWAP&BURN — The value of the SLD tokens mined is redeemed by Swap&Burn contracts. Shield generates a buyback price by making 10% of the total SLD tokens outstanding always equal to 100% of the repurchase pool value (derived from 90% of the transaction fees). Shield token holders can utilize Swap&Burn to earn profits.
Shield integrates Chainlink, Uniswap, and Sushiswap as price feeds. The opening price is the index price. Contracts are directly interacted with dual-liquidity pools, thus replacing the complex on-chain matching calculation.