What The Frac

 Basics

• Founded in: 5-2020
• Mainnet release:
• Based in:
• From The Defiant (27-5-2020):

"Building off NFTs playing an ever-growing role in the Ethereum landscape comes a hack called What The Frac. As the name suggests, users can leverage the platform to create fractional claims on a given NFT - all of which are backed by DAI using a Balancer pool.

Auction creators commit to locking their NFTs in exchange for the right to create fractional shares. What The Frac allows creators to issue a fixed amount of “Fracs” which are claimable by those who contribute to the Balancer Pool. At the end of an auction, the winning bidder deposits Dai to the Balancer pool to unlock the NFT."

History

• Built at the ETHGlobal’s DeFi-focused hackathon (5-2020).

Tech

• Whitepaper can be found [insert here].
• Code can be viewed [insert here].
• Built on:
• Programming language used:

Transaction Details

• Capacity (TPS):
• Latency:

Roadmap

• Can be found [Insert link here].

Audits

• Bug bounty program can be found [insert here].

Team, Funding, Partnerships, etc.

Team

• Full team can be found [here].