Unified Liquidity NFTs (UL-NFTs)

Overview

Unified Liquidity NFTs (UL-NFTs) introduce a novel way to represent and trade complex cross-chain liquidity positions through NFTs on the Archway blockchain, powered by Euclid Protocol's unified liquidity infrastructure. Similar to how Smallcase offers pre-made stock portfolios curated by expert fund managers, UL-NFTs provide instant access to diversified cross-chain liquidity positions managed by experienced DeFi strategists.

🌟 Key Features

• Tokenized Liquidity Portfolios: Each UL-NFT represents ownership of a unique portfolio of cross-chain liquidity positions across multiple Euclid Protocol pools
• Instant Diversification: Purchase a single NFT to gain exposure to carefully curated cross-chain liquidity positions
• Expert-Crafted Strategies: Liquidity portfolios are designed by experienced DeFi strategists, similar to Smallcase's expert-managed stock portfolios
• Simplified Trading: Trade complex liquidity positions as easily as trading a single NFT
• Cross-Chain Integration: Seamlessly interact with liquidity pools across multiple blockchain networks through Euclid Protocol's infrastructure

🏗️ Architecture

Smart Contracts

1. UL-NFT Core Contract

   • Handles minting and burning of UL-NFTs
   • Manages ownership and transfers
   • Implements CW721 standard for NFT functionality

2. Portfolio Manager Contract

   • Manages underlying liquidity positions
   • Handles portfolio rebalancing
   • Interacts with Euclid Protocol's unified liquidity pools

3. Marketplace Contract

   • Facilitates buying and selling of UL-NFTs
   • Manages listings and auctions
   • Handles price discovery and trades

Integration Points

• Euclid Protocol Integration

  • Connects with Euclid's Virtual Settlement Layer (VSL)
  • Utilizes Euclid Messaging Protocol (EMP) for cross-chain communication
  • Interacts with virtual liquidity pools across chains

• Archway Features

  • Leverages Archway's rewards distribution for fee sharing
  • Utilizes Archway's WASM environment for smart contract deployment
  • Benefits from Archway's cross-chain capabilities

💡 Use Cases

For Investors

• Purchase a single UL-NFT to gain instant exposure to diversified liquidity positions
• Trade complex DeFi positions without managing multiple pools directly
• Benefit from expert-crafted liquidity strategies

For Liquidity Providers

• Package liquidity positions into tradeable NFTs
• Create and sell curated liquidity portfolios
• Earn fees from portfolio creation and trading

For DeFi Strategists

• Design and deploy professional liquidity strategies
• Earn fees from portfolio performance
• Build a track record of successful portfolio management

🔧 Technical Implementation

Smart Contract Functions

// Core NFT functionality
fn mint_portfolio_nft(portfolio_id: String, owner: Addr) -> Result<Response, ContractError>;
fn burn_portfolio_nft(token_id: String) -> Result<Response, ContractError>;
fn transfer_nft(recipient: Addr, token_id: String) -> Result<Response, ContractError>;

// Portfolio management
fn create_portfolio(positions: Vec<LiquidityPosition>) -> Result<Response, ContractError>;
fn rebalance_portfolio(portfolio_id: String, new_positions: Vec<LiquidityPosition>) -> Result<Response, ContractError>;
fn claim_rewards(portfolio_id: String) -> Result<Response, ContractError>;

// Marketplace operations
fn list_nft(token_id: String, price: Uint128) -> Result<Response, ContractError>;
fn purchase_nft(token_id: String) -> Result<Response, ContractError>;
fn cancel_listing(token_id: String) -> Result<Response, ContractError>;

Portfolio Structure

struct Portfolio {
    id: String,
    positions: Vec<LiquidityPosition>,
    total_value: Uint128,
    strategy_type: StrategyType,
    creator: Addr,
    last_rebalance: Timestamp,
}

struct LiquidityPosition {
    pool_id: String,
    chain_id: String,
    amount: Uint128,
    token_pair: (String, String),
    virtual_pool_address: Addr,
}