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Solana · Protocol

MLKY

A lending protocol on Solana where collectors borrow against vaulted, graded cards. Protocol design, on-chain programs and the web app around them.

Sector
Web3 · Collectibles
Focus
Solana · Rust · Protocol design · Web app
01 — The challenge

Graded trading cards are valuable, but they sit in a vault doing nothing. Collectors wanted to unlock that value without selling, and lenders needed a market they could trust with real money.

02 — What we did

We designed the protocol from the ground up: how cards are tokenized, how pools price risk, and what happens when a loan goes wrong. Then we wrote the on-chain programs in Rust and built the wallet-connected web app collectors actually use.

03 — The result

A pool-to-peer lending protocol for tokenized collectibles, from the economic design down to the last on-chain instruction, and a clear interface on top of it.

Next projectMilieudefensieReplaced a set of manual processes with a custom-built crawler.

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