Shield Official

Shield Protocol is the crypto-native solution for on-chain derivatives trading and a one-stop-shop for Web3 structured products.

Users are able to trade academic-level innovative derivatives product, Shield Perpetual Options, that achieve high capital efficiency, low LP counterparty risk and no impermanent loss all at the same time. Moreover, Shield offers users with professional structured products utilizing option strategies issued by protocols and marker makers, SS-Vault and M-Vault.

SLD Token

SLD token is the governance token and the utility token designed to facilitate and incentivize Shield. Shield captures value through trading fees and returns 100% of the revenue to the maintainers of the decentralized network.

The value of the SLD tokens is captured by Swap&Burn contracts. Shield generates a buyback price by making 10% of the total SLD tokens outstanding always equal to 100% of the repurchase pool value (derived from 90% of the transaction fees).