One-Stop Liquidity Protocol for NFTs
Pledge your NFTs to get extra liquidity or Get a loan to buy your favorite NFTs. Register through our discord to get early access.
What is Zumer Protocol?
Zumer Protocol is a non-custodial liquidity protocol with a novel credit and liquidity risk management mechanism to allow permissionless loan origination for NFT assets by segregating different risks to different liquidity providers.
Safety All Around
Our novel risk management mechansim allows pincipal protection for lenders. Additionally, our liquidation insurance also offers protection for NFT owners to avoid losing their ownerships amid absurd market conditions.
Smart & Fast
Zumer is partnering with an oracle provider to apply a decentralized price feed for NFTs to the protocol. With that, Zumer is able to price NFTs based on a set of rules written into the smart contract and lend out loans permissionlessly.
Zumer has an Uniswap-like feature that allow any Metaverse (collectibles, GameFi and etc.) projects to create their own financing pool to either boost the liquidity of their projects or offer the BNPL option to potential buyers.
The first community-driven Metaverse Bank
Zumer aims to be the new standard for DeFi protocols that focus on offering liquidity to the NFT market, creating a fully decentralized financial system for the Metaverse assets. Our end goal is to let everyone be the central banker, banker, investment banker of the Zumer eco-system, allowing them to determine interest rates, perform QE/QT, and underwrite credit risks. #WAGMI
The story of how we got started
Zumer was started by two guys with a similar vision. Our story started 3 years ago...
Protocol's NFT Drop - Zumerland NFTs
Sumer is considered to be the first urban civilization that invented consumer loans and the credit system. Zumer is the Metaverse version of Sumer (Z is the mirror image of S), redefining, buidling and governing the financial system for the Metaverse assets.
Zumer pronounces like "Zoomer", meaning the new era of financial innovation would be ruled by the new generation, aka Zoomers.
Whitelisting to join the ALPHA test is now done. BETA test for the public will start on 26th Sept 2022.
Interested parties could learn more about the whitelisting process through our Discord.
The BETA launch on the Testnet will start on 26th Sept 2022 with full functions.
Only whitelisted individuals would be able to access to the BETA testing. Full launch has started in Jan 2023.
Zumer is powered by Sumeria Labs, a team from MIT, Harvard and Cornell with a good mix of TradFi, DeFi, Art and NFT investment experience from companies and projects like JP Morgan, Barclays,
Goldman Sachs, Abra, Aave, etc. Sumeria Labs aims to re-define the way that Metaverse natives manage their NFT assets.
Zumer will be live on Ethereum first. Polygon is the next chain to build on. Zumer could be deployed to all EVM compatible chains.
The project team will explore other L2 solutions to lower the transaction cost for borrowers.