SpaceFi Intro
On November 1st, 2008, Satoshi Nakamoto introduced the concept of Bitcoin. Since then, crypto world has been flourished. We are a group of crypto enthusiasts from different cultures and backgrounds around the world, who want to launch a widely participatory crypto experiment. Diving into crypto, just as exploring space. So, we name it SpaceFi.
SpaceFi is a cross-chain web3 platform on Evmos and zkSync, with DEX+NFT+Starter+Spacebase as initial product. Its ultimate vision is to connect Cosmos and Ethereum Layer2 ecosystem, exploring assets cross-chain and interoperability solutions.
edited on the basis of picture from dose of defi
Space is initially deployed on Evmos and zkSync, and in future on other EVMs like Celo.
Evmos is the EVM hub on Cosmos. It will not only bring EVM developers into Cosmos eco, but also works with Celestia to bring modular and interoperable cross-chain solutions to EVM ecosystem.
zkSync is a Layer 2 scaling solution on Ethereum that offers low gas and fast transactions, without compromising on security. It’s a scaling and privacy engine for Ethereum, based on zero-knowledge proof technology.
Celo is a decentralized Libra. Its mobile-first strategy allows it has more than 1 million wallet addresses in 113 countries/regions around the world. It has also won support from top institutions and entrepreneurs such as Deutsche Telekom, a16z, Polychain, Coinbase, and Twitter founder Jack Dorsey, Paypal co-founder Reid Hoffman.
Space is an evolving ecology and its product modules will initially be launched in steps, initially including Swap, Farm, NFT, Starter, Spacebase, etc., with new experiments such as Game and Social network to follow.
Space has created a fully integrated system that strives to create sustainable chemistry between the products. In the Space universe, you can earn DeFi rewards through liquidity mining, trading mining or minting Star tokens into NFTs for higher revenue, transaction fee dividends, premium trading, and governance rights, etc. At the same time, you can also create a Spacebase, invite fans and friends to join, both sides get additional rewards. Space will also be on the Starter platform to incubate and support outstanding ecological projects, and jointly build Space.
- Low fees and efficient
Space runs on Evmos and zkSync chain, with low transaction costs and faster transaction speed.
- Cross-chain ecosystem
Space is multichain deployed and will be a bridge among layer1 ecosystems.
- Multiple Value Capture
SpaceSwap transaction fee will be used for LP rewards, buyback-and-burn, NFTs dividends, etc. Traders can also receive transaction fee mining rewards.
- Farm
By staking single coin and LPs in the Farm, you can get mining rewards. Staking NFTs will give you even higher mining rewards.
- Transaction Fee Mining
By using SpaceSwap, you can also get additional transaction fee mining rewards, even much higher than the fees themselves.
- NFT Minting
Space NFT is not just a collection, but a set of NFT systems with strict token mechanism design. With Star tokens, you can mint primary NFTs, and combine multiple NFTs to mint higher level NFTs.
- Bonus, Staking and Marketplace
As an NFT holder, you can earn Space multiple transaction fee dividends. Staking NFTs for mining will also give you higher rewards. You can sell NFTs on the market and earn high premiums.
Starter is Space's incubation and fundraising platform. You can use Star tokens to participate in the early-stage investment of quality projects.
Spacebase is Space's on-chain community, create or join Space Base to earn more mining rewards. Groups can participate in base PK to get special honors and rewards.
Compared to other trading platform or NFT projects, Space has a more scientific token system that greatly enhances sustainability.
- Liquidity mining for market makers, transaction fee mining for traders, a comprehensive combination of the two, which facilitates the development of user habits and Space's early start-up.
- Space's token system has an NFT system in addition to the core token Star. From fungible tokens to non-fungible tokens, the process of producing fungible tokens makes the entire token system more dynamic.
- The Starter platform allows Star users to get investment opportunities in quality projects, while quality projects can attract new users and diversify values into the Space ecology.
In the Space universe, NFT is no longer a gimmick or a speculative tool, but a system of value with a rigorous token mechanism. NFT has a rich variety of categories and different functions, as well as the ability to combine and upgrade, and other scenarios yet to be unveiled. Whether you are a newcomer to NFT or a veteran of trading and collecting NFTs, there is ample room for experimentation.
SpaceBase quickly maps off-chain communities to on-chain through fission propagation, which not only promotes communication among users, but also can stimulates more vitality and value through activities like base PK. In the future, SpaceBase will also integrate DAO and games.
Space is not just a trading platform or a place to trade and use NFT, it is a vast world, a metaverse in the early stages of construction, with more features to be developed. The tokens or NFTs you hold may have a new value in the next board that opens up.
Last modified 6mo ago