About Shield Airdrop
Shield Airdrop is building a one-of-a-kind decentralized protocol for future derivatives infrastructure, enabling global borderless access to finance. They plan to decrease the gap between the trading experiences of DeFi and CeFi platforms, enabling traders from cryptocurrency and non-crypto currency fields to become a part of the DeFi ecosystem.
Shield is airdropping a total of 4,085,754 SLD to early supporters who have done various actions. Users who’ve participated in Shield Kovan & BSC testnet, Shield ITO application, 1st & 2nd Bug Bounty Program and Shield Gleam Series Campaign are eligible to claim the airdrop.
ShieldDAO is an open global decentralized governance organization. Shield is not only an innovative DEFI protocol in everlasting option but fully decentralized instruments for further derivatives. A new type of options, with no need to roll positions, and a super cool & simple trading desk. Shield is not only an innovative DEFI protocol in everlasting option but fully decentralized instruments for further derivatives
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| ETH | 75,000,000 DYDX | Unlimited | Click Here To Visit |
How it works
[ Broker ] With the “Broker Campaign” commission system, brokers bring a steady stream of traders to the Shield network through education and referrals.
[ Trader ] Buyers of Shield protocol who pay settlement fees and funding fees for their trading needs.
[ Private Pool ] Sellers of Shield protocol, who provide liquidity to the protocol’s private pool through their professional market-making capabilities and earn an order taking liquidity bonus (SLD)
[ Public Pool ] A reserve liquidity pool in which everyone can participate, earning LP rewards (SLDs) through liquidity mining
[ Liquidator ] Trigger liquidation contract when there is an insufficient balance in the funding fee account or liquidity margin, to receive 150% of the gas expense as arbitrage rewards
Why we build Shield
DeFi will impact and disrupt CeFi & TradFi becoming an unstoppable trend. Shield strives to expand on the success of DeFi in derivatives market.
Non-custodial
Always control of your funds, rather than third party custody.
Transparent
Traceable and genuine transactions enforced by the blockchain.
0 intermediary tax
Non-profit trading protocol to eliminate centralized intermediary tax.
Trustless
Trust is no longer limited by branding, but by open-source verifiability code-Code is the law.
Easily accessible
No registration and KYC are required; thus no more administrative controls that prevent access to the market.
What’s perpetual option
The first long-term on-chain options without the effort, risk, or expense of rolling positions.
For option traders
Exercise anytime with no expiration date.
Long-term exposure without the need to roll position, decrease operational work, and risk
Concentrated liquidity to avoid liquidity fragmentation by different expiration dates and prices
For perpetual traders
Maximum trading loss is the daily funding fee
Ultra-high on-chain leverage: supports leverage ratios of 25x to 500x
The SLD token
Shield Airdrop is designed to facilitate and incentivize Shield DAO and value allocation. Shield captures value through trading fees and return 100% of the revenue to the maintainers of the decentralized network (value creators) through innovative buyback mechanism.
As Featured in
- Shield’s new model avoids direct competition with CEX in the first place and can be counted as a unique go-to-market strategy.
- Shield’s decentralized risk-free perpetual contract is a game-changing product.
- Shield protocol fully applies the revolutionary qualities of DeFi with academic-level financial engineering.
- Each player who helps maintain the network is fully incentivized.