---
# System prepended metadata

title: Eth-Denver 2022 Virtual Hackathon Submission
tags: [DeedsDAO]

---

---
tags: DeedsDAO
reference: https://dorahacks.io/buidl/2381
---
![](https://i.imgur.com/G6G3OLl.png)


# Eth-Denver 2022 Virtual Hackathon Submission
![](https://i.imgur.com/hPDcuHr.png)


## DeedsDAO
Fractionalized debt portfolios for NFTs, powered by Balancer's V2 liquidity pools.

## Introduction
DeedsDAO is a decentralized protocol that enables lenders of P2P NFT markets to unlock their liquidity! 


Lender of P2P NFT markets will be able to supply their "Debt NFT Portfolio" a.k.a. Debt Pool to the DeedsDAO Protocol. The protocol will take their "Debt NFT Portfolio" and create a Balancer pool that will put the P2P debt NFT position on the secondary market.

Lenders creating pools get liquidity and investors get accessiblity to the P2P NFT lending/borrowing market.


## Vision

We believe that the DeedsDAO protocol has potential to revolutionize P2P NFT borrowing/lending market and help bring about mass adoption of DeFi tools for NFTs. As underlying assets of NFTs grow more diverse & interest bearing, liquidity environments & secondary debt markets will grow in utilization. DeedsDAO seeks to experiment and drive adoption of new financial tools for this purpose.

<br><hr>

![](https://i.imgur.com/tBrCX5q.png)

### User Workflow

![](https://i.imgur.com/244imP2.png)



The protocol consists of three main components:
- DeedsDAO vault smart contract
- Portfolio management Balancer v2 smart contract ( https://docs.balancer.fi/)
- Registry contract of deed token from external P2P NFT marketplaces 

The DeedsDAO smart contract will be used to hold the assets in the portfolio and to execute external smart contract transactions. The balancer portfolio management contract will be used to generate a portfolio of various "Debt NFTs position" by fractionalization and applying it to a bonding curve.  Users will be able decide what exposure they would like on the portfolio. The registry contract will be used to track the fractionalized ownership and provide the potential transfer or withdrawal funds related to ownership of repaid loans or liquidated NFTs.

<br><hr>

![](https://i.imgur.com/uzrRdV9.png)


### Portfolio Creator
#### Use Case
- An NFT holder seeking liquidity on their P2P NFT debt positions.
- 
#### Benefits 
- An oracle gives price/value feedback and risk assesments on their debt position on various p2p borrowing/lending platforms 
- Pool parameters & initial liquidity supply decisions are customized e.g. (token list, swap fees, etc)
- Asset weighting adjustment to decrease or increase exposure to specific NFT debt positions depending on risk tolerance
- Pool creator can trade debt positions for liquidity

### Porfolio Investors
#### Use Case
- Investors seeking a yield can enter a liquidity pool to gain access to an NFT debt portfolio
#### Benefits 
- Custom portfolio postion exposures on on various p2p NFT market debt positions.
- Predictable APR rates


## In depth details

Check out our [Gitbook](https://app.gitbook.com/o/9s1HWmu67VMunIKY0cOc/s/ntM5l4suiGLNXTWUeHAb/)


## NFT lending rate potential
2021 Annualized lending rate for P2P Crypto Punks equated between ~ 15% and 20% (https://thedefiant.io/nft-loans-collateral-peer-to-peer-ethereum/)


<br><hr>

![](https://i.imgur.com/NPnV5h5.png)



### Home
![](https://i.imgur.com/vWJiZwe.png)

### Deposits (1/2)
![](https://i.imgur.com/ueOqjcz.png)

### Deposits (2/2)
![](https://i.imgur.com/mGdzOaV.png)

### Add Pool (1/3)
![](https://i.imgur.com/Pu66XxG.png)

### Add Pool (2/3)
![](https://i.imgur.com/a3KHo79.png)

### Add Pool (3/3)
![](https://i.imgur.com/MJUGvfi.png)

### Swap
![](https://i.imgur.com/YdWCyD9.png)

<br><hr>


![](https://i.imgur.com/n0alCrA.png)

## Team Information

DeedsDao was created by three crypto enthusiast at EthDevner 2022. The team has a passion for NFTs, DeFi, and building protocols that power the future of finance.



### Who is Slyracoon23？
A crypto smart contract developer who is experienced in smart contract development and has a passion for blockchain infrastructure and Defi protocols.

### Who is pwe.eth?
Swiss crypto enthusiast, frontend dev and traveller, currently on a journey of finding myself and ways of how to add impact towards contributing towards a better world. Passionate about design and a curious explorer overall.

### Who is RoninsJourney?

Business & strategy developer with a focus on finance, market reach & content curation. Germarican blockchain enthusiast striving to connect international blockchain communities to advance Web3 marketplaces & DeFi products.

<br><hr>

![](https://i.imgur.com/YRDmdIy.png)


# What is the future goal of DeedsDAO?
DeedsDAO is currently focused on creating test environments to innovate & experiment how Balancer's dynamic liquidity pools can advance & fractionalize liquidity for NFT collections & debt markets. The future goal is to test functionality, constraints & market readiness, in order to launch a useful marketplace for NFT communities. Continued goals include creating additional DeFi products that help advance the future on NFT assets.

The DeedsDAO Team is eager to learn, collaborate & receive feedback from anyone looking to get involved. Join our [Discord](https://discord.gg/k94YXwJ4).