💱GZ-S1 Protocol

GZ-S1 Protocol by GOTM Labz provides a unique solution for projects to combine NFTs and Token

You might be familiar with MPL-404, a hybrid tech solution enabling NFT/Token conversions—but it comes with some significant limitations.

Traditionally, NFTs have been less liquid compared to fungible tokens. MPL-404 addressed this by allowing seamless swaps between NFTs and fungible tokens, thereby increasing the liquidity and marketability of digital assets.

At the core of the model is a swap program (mpl-hybrid) that trades a fixed number of fungible assets for a non-fungible asset and vice versa.

Limitations

❌ Limited to new MPL core NFTS. ❌ Potential duplicate NFTs can be created. ❌ Unable to add additional traits overtime. ❌ Limited to one Token. ❌ Lack of ability to scale.

🔥 GZ-S1 protocol by GOTM LABZ🔥

Our fully customizable, scalable, future proof solution!

✅ No limitations on NFT standard, supporting all types - New & Old NFTs. ✅ Preventitive measures to ensure no duplicates can be created. ✅ Ability to add additional traits at any time. ✅ Advanced rarity and constraint management. ✅ Create multiple pools with additional Tokens and Taxes. ✅ 1way-Swaps (Great for burning NFTs) (Art Upgrades) ✅ Full pool management ✅ Dynamic Token Price ✅ Discord role gated swap pools

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Benefits

Significantly enhances the functionality, liquidity, and interactivity of digital assets on the Solana blockchain, benefiting collectors, developers, and the broader DeFi ecosystem.​

🔥Enhanced Liquidity for NFTs 🔥Dynamic Asset Customization 🔥Innovative DeFi Opportunities 🔥Adds an excitment factor to generate new NFTs

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🤔How does it work?

Users:

A user has an NFT - they decide to swap it into Token, user gets token and the NFT is put into the pool. If the re-roll functionality is active the metadata of that NFT is wiped and an image overlay is added instead, still retaining the original nft hash in the colection.

When a user swaps Token to an NFT, a new NFT is constructed factored upon the founders configuration in settings, ensuring no duplicate is created that already exists on chain. Metadata and image are added during the process, creating a new unique NFT.

Founders:

Admin panel provided to fully mange your setup and multiple pools, add traits, manage max qty's, constraints, forced combinations, layer orders and associated swap fees.

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GZ-S1 Fees:

Each swap entails a 0.005 SOL fee per tx paid by the user when utilizing the swap functionality. Projects have the ability to apply additional tax fees in any SPL token.