Robox.fi is the first escrow-less NFT leveraged trading platform on Solana. The platform consolidates NFT listings from various marketplaces, providing easy browsing and enabling traders to trade NFTs at a fraction of their price.
Robox.fi seeks to revolutionize the NFT market by creating a user-friendly and secure trading platform that provides equal opportunities to investors and traders to access high-value NFTs.
The platform is designed to democratize the NFT market by:
- Making it more accessible and liquid, allowing for easier buying and selling of NFTs.
- Allowing users to trade NFTs with leverage while taking into account their unique needs and risk tolerance, addressing the low liquidity and risk aversion challenges faced by NFT traders.
Ultimately, Robox.fi aims to become the go-to platform for NFT trading, offering advanced leverages and trading mechanics while maintaining a focus on simplicity and usability.
- Buy NFTs from Hadeswap with leverage
- Customizable down payment and duration
- NFTs are frozen in the user's wallet until repayment
- Ability to sell NFTs instantly via Hadeswap AMM
- Liquidation options include margin call or expiration
- Internal liquidity pool available
- Loan repayment
The Robox.fi app consists of three main components: client, server, and contract.
Backend APIs - Internal APIs that are used for CRUD of Users and Positions data.
Tech Stack: NodeJS, ExpressJS, Anchor, MongoDB, Repl.it
Solana Program - The core component that allows to buy/sell/liquidate/list NFTs on-chain using cross program invocations (CPIs).
Tech Stack: Rust, Anchor
Frontend - The main frontend app that connects all the components together. It allows users to browse collections, buy NFTs with leverage, sell/list them and track stats.
Tech Stack: Typescript, Anchor, Vercel
Liquidation backend - This component is running on the backend in real-time and tracks Floor Price and Duration for each active leveraged position. If the FP drops to liquidation price or duration experices - NFT is automatically sold on Hadeswap AMM (Later on we will have other liquidation options in order to mitigate risks of cascade liquidations)
Tech Stack: NodeJS, Mongodb
Site: https://robox-fi-web.vercel.app/
Twitter: https://twitter.com/robox_fi