ShardingDAO
NFT marketplaces
ShardingDAO
ShardingDAO is an NFT fragmentation protocol that splits ERC-721 and ERC-1155 NFTs into tradable ERC-20 shards on Ethereum.
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What is ShardingDAO?
ShardingDAO lets NFT owners fractionalize ERC-721 and ERC-1155 assets into tradable ERC-20 shards on Ethereum. Subscribers stake stablecoins during a subscription period to receive shards pro-rata, then trade shards on any AMM or stake LP tokens in ShardingDAO Farms for SHD rewards. The original owner and the protocol each keep 5% of every shard issuance, and the wider community governs the fractionalized NFTs through a DAO.
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