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Revest Labs introduces a protocol for locking ERC-20 tokens in ERC-1155 FNFTs (Financial Non-Fungible Tokens). FNFTs enhance the composablity of non-fungible DeFi positions through customizable locking conditions while still maintaining liquidity. These locked positions are easily managed through a user-friendly FNFT interface. Revest v2 introduces NFT-bound FNFTs, gasless token approvals, enhanced security, increased decentralization, modularity, and more.
Resonate, a Revest Labs product, enables the trading of future yields from any yield-bearing asset on its decentralized marketplace. Users can customize pools to specify payout amounts, timeframes, assets, and yield farms, ensuring efficient and equitable transactions. The platform enhances user control and risk-optimizes yield strategies for better financial outcomes while delivering a familiar user experience by using the Revest FNFTs to represent users' positions.
Revest Labs' RVST staking system uses a multiplier-based approach, it simplifies reward distribution across liquidity and single asset pool stakers. Multipliers increase with longer staking periods, encouraging sustained participation. Staked RVST positions are secured within Smart Wallets accessible through Revest FNFTs, which are self-contained WEB3 dApps, enabling easy management and access to secondary market liquidity.
Stakers choose 1, 3, 6, or 12-month periods with higher multipliers for longer commitments. Rewards are determined based on the staked amount and associated multiplier.