ENTER

The enter protocol aims to align the interests of investors, collectors, and artists, and empower them to participate in governance while earning rewards proportional to the value they create for the platform. Therefore, we're now inviting everyone to take part in shaping the NFT space by bringing the VE (voting escrow) concept and radical governance to the enterverse.  In the enter protocol, participants can lock up their ENTER tokens for a duration of their own choice and are rewarded with Voting Power proportional to their stake and time lock (the longer the lock and the bigger the stake, the more voting power is allocated). veENTER stakeholders can put forth new proposals and participate in voting. Besides influence over emissions, fee distributions, development, the community treasury, and marketing initiatives, participants can earn fees and ENTER emissions by locking their tokens in the protocol or participating in the gauges. One of the most essential parts of the enter protocol is the NFT Listing and NFT Bid gauges, where participants can earn ENTER emissions for listing specific NFTs and bidding on them within a set price range. ENTER is initially launched on the BNB Chain, but is fundamentally built as an Omnichain Fungible Token through the additional deployment of a LayerZero proxy contract. By utilizing LayerZero’s interoperability protocol, we are enabling easy and safe deployment of bridges to a multitude of EVM L1s (Ethereum/Avalanche/Fantom), EVM L2s (Arbitrum/Optimism/Base), and non-EVM-chains (Solana/Aptos), which means that the infrastructure from the get-go is built in a way that allows us to further expand the ENTER protocol practically anywhere.