Derby Finance Docs
  • Introduction
  • Products
    • Vaults
      • User interactions
        • Deposit
        • Withdraw
        • Relevant view functions
      • Deployed vaults
        • USDC_Low_Risk
      • Cross-chain implementation
      • Rebalancing
      • Gas efficiency
      • Currency swapping
      • Automatic yield harvesting
  • Game
    • User interactions
      • Mint new basket
      • Rebalance basket
      • Redeem rewards
      • Basket allocated tokens
      • Basket allocations in protocol
      • Basket redeemed rewards
      • Basket unredeemed rewards
    • DeFi yield optimization
    • The game
    • Formulas
    • Decentralized reputation
    • NFTs as user profiles
    • Delegation
  • Developers
    • Architecture
      • Single chain
      • Cross-chain
      • Other important flows
    • Contract overview
    • Deployed contract addresses
    • Security
  • DAO
    • Governance
    • The DRB token
    • Adding a new vault
    • Adding new protocols to an existing vault
    • Important parameters
    • Keeper
    • Guardian
  • Roadmap
    • Roadmap
Powered by GitBook
On this page
  1. Game

NFTs as user profiles

When game players lock their tokens and determine their optimal capital allocation they receive an NFT, which functions as a receipt to at any point in the future unlock their locked tokens and build up rewards. It makes sense to use the NFT standard here, because it represents the underlying portfolio track record per game player, which is unique. Apart from that, the NFT standard offers a nice way to incorporate gamification features like cool avatars etc. Unlike most of the NFTs in the market today, these NFTs will actually represent real value because of the tokens and rewards that they can unlock. Game players can rebalance their portfolio as often as they want, but the rewards will only build up during a bi-weekly snapshot. This is also the moment that all of the Derby vaults will rebalance their allocations. With this system of rebalancing in place, the NFTs, which resemble user profiles, can build up a certain track record which acts as a decentralized reputation system.

PreviousDecentralized reputationNextDelegation

Last updated 2 years ago