The market has been pretty boring lately. I am now just lying down and taking care of my kids. I have put my coins on Binance and some staking lending platforms to earn some financial returns.
At the same time, I have been paying attention to some DeFi-type financial management platforms. Compared with this round of bull market, which only has AI, L2, MEME and other narratives, I prefer the general profit sector brought by DeFi in the last bull market. Today, I saw a multi-asset, full-chain CDP (collateralized debt position) platform that is quite interesting. Although the TVL is not high, there are many ways to play.
Shezmu Tech has launched the first multi-asset, full-chain CDP (collateralized debt position) platform. With Layer Zero and Axelar technology, Shezmu has achieved seamless asset interoperability, supporting a variety of assets including yield assets and NFTs; not only does it provide users with greater flexibility, but it also opens up new possibilities for the future of DeFi.
🔎 Project Background
Shezmu has partnered with several DeFi projects, including Frax Finance, Beefy Boost, Origin, and Bedrock DeFi. The total locked value (TVL) of these partners reached $1.145 billion, further strengthening Shezmu's market influence and technical strength.
📖 Core Features
🔸 ShezUSD and ShezETH: The perfect combination of stability and leverage
ShezUSD is a stablecoin backed by multiple collaterals, allowing users to borrow against collateralized assets at favorable interest rates. This not only improves the liquidity of assets, but also maintains a stable value during market fluctuations. On the other hand, ShezETH is a liquidation-free ETH derivative designed for leveraged yield asset positions, providing minimal liquidation risk. This dual product structure not only provides diversified options, but also effectively reduces risks.
🔸 Independent market: personalized risk management
On the Shezmu platform, different collateral has different risk characteristics. For example, Pepé may be more volatile than wstETH. Shezmu optimizes risk management based on these risk characteristics by adjusting the debt ceiling and interest rate. This personalized risk management strategy not only improves the stability of the platform, but also enhances user confidence.
🔸 Hybrid Liquidation Engine: Ensuring Market Stability
Shezmu's hybrid liquidation engine processes NFTs through treasury liquidation and auctions to ensure fair value and market stability. For ERC20 tokens and other standard debt assets, Shezmu uses liquidation bots to maintain protocol health. This two-pronged liquidation strategy not only improves the robustness of the platform, but also enhances market liquidity and transparency.
🔸 Additional Debt Assets: Expanded Borrowing Options
In addition to ShezUSD and ShezETH, Shezmu also supports ShezBTC, allowing users to borrow in yielding BTC and euro-denominated assets. In addition, the design of multi-currency debt pools further enhances the platform's liquidity and provides users with more borrowing options. This diverse asset support not only enriches users' choices, but also enhances the platform's competitiveness.
🔸 The Bazaar: An innovative asset trading marketplace
Shezmu's The Bazaar marketplace is based on the dynamic pricing of SHEZMU tokens, ensuring fair trading conditions. As demand increases, The Bazaar can list various collections and real-world assets (RWAs), providing users with more trading opportunities. This innovative market design not only improves the diversity of the platform, but also brings more earning potential to users
🔸 Unilateral staking: locking in income and governance rights
Through unilateral staking, users can lock SHEZMU tokens to obtain LP token rewards and further stake on Agora. In addition, veShez holders also gain governance rights, can participate in protocol decisions and earn additional rewards. This dual incentive mechanism not only increases user participation, but also enhances community cohesion.
🔸 The Agora: An efficient capital allocation market
Agora acts as a bond market, promoting efficient capital allocation by exchanging other assets at a discounted rate. In addition, the SLP staking function enables users to stake LP tokens to obtain oSHEZMU and ETH rewards. This efficient capital allocation mechanism not only improves the liquidity of the platform, but also brings more income opportunities to users.
🔸 Stability Pool: Dual Source of Income
Stability pool depositors are rewarded through liquidation, directly enhancing the resilience of the protocol. In addition, users can also receive additional rewards for supporting the health of the protocol. This dual source of income not only increases user motivation, but also enhances the stability of the platform.
Although fewer people are playing in the DeFi sector now, I believe that the market trend is blowing here. As long as the project is willing to delve deeper into the field, explore technology, polish good products and tap into market potential, I believe Shezmu will be able to perform well in the DeFi sector and bring more value and opportunities to users!
