SpaceFi: The DeFi Nexus on zk-Rollups
SpaceFi is established as a central DeFi hub on zk-Rollups, integrating a decentralized exchange (DEX), NFT capabilities, Spacebase, and a Launchpad to delve into the Layer2 ecosystem. Currently, SpaceFi is operational on zkSync Era and has also expanded into the Cosmos ecosystem via Evmos.
Leveraging Advanced Blockchain Technologies
zkSync, a Layer 2 scaling solution for Ethereum, enhances transaction speeds and reduces gas fees while maintaining robust security through zero-knowledge proof technology. On the other hand, Evmos serves as the EVM hub within the Cosmos network, facilitating the integration of EVM developers and supporting modular, interoperable solutions across blockchains in collaboration with Celestia.
SpaceFi Ecosystem and Offerings
SpaceFi has developed an integrated ecosystem designed to foster sustainable interactions among its various products. Users can engage in liquidity mining, trading mining, or convert SPACE tokens into NFTs to unlock higher revenues, governance rights, and other benefits. Additionally, participants can establish or join a Spacebase to enhance community engagement and gain further rewards. SpaceFi also supports emerging projects through its Starter platform, promoting a collaborative development environment.
SpaceSwap: A Low-Cost, Efficient Trading Platform
Operating on zk-Rollups, SpaceSwap offers reduced transaction fees and improved speeds, serving as a conduit among various blockchain ecosystems. The platform captures value through mechanisms like LP rewards, buyback-and-burn strategies, and NFT dividends, with additional incentives through transaction fee mining.
Enhanced Mining Rewards
SpaceFi's Farm allows users to stake coins or liquidity provider tokens to earn mining rewards, with enhanced rewards for staking NFTs. SpaceSwap users can also gain substantial transaction fee mining rewards.
Robust NFT Ecosystem
The SpaceFi NFT framework is not merely a collection but a well-structured system with a rigorous token mechanism. Users can mint primary or higher-level NFTs using SPACE tokens, benefit from staking NFTs in mining processes, and trade NFTs on the marketplace for potential premiums.
Starter: Incubation and Fundraising
The Starter platform serves as SpaceFi's incubation and fundraising arm, offering SPACE token holders early investment opportunities in promising projects, thereby attracting new users and enriching the SpaceFi ecosystem.
Spacebase: Fostering On-Chain Communities
Spacebase is an on-chain community platform where users can create or join bases, participate in competitions for honors, and earn additional mining rewards.
Unique Features of the SpaceFi Project
SpaceFi distinguishes itself with a scientifically structured token system that enhances sustainability and facilitates user engagement. The inclusion of an NFT system adds dynamism to the token economy, allowing for a variety of user interactions from trading to upgrading NFTs. The on-chain community aspect, SpaceBase, leverages fission propagation to map and energize off-chain communities on-chain, fostering active participation and value creation.
