To the StaFi Community and rLaunchpad Committee:
This proposal presents the exciting opportunity to list rXPLA and rSEI, representing leading projects in GameFi and DeFi, on StaFi’s rLaunchpad program. By integrating these innovative rTokens, we aim to:
Unleash Growth Potential
- Expand StaFi’s Reach: Access the rapidly growing GameFi (rXPLA) and high-frequency trading (rSEI) sectors, diversifying StaFi’s offerings and attracting new user segments.
- Drive rToken Utility: Enhance staking volume and capital appreciation for both rXPLA and rSEI holders through rLaunchpad features like boosted APYs, exclusive token sales, and engaging governance opportunities.
Fuel Community Engagement:
- Spark Interconnectivity: Bridge the gap between DeFi and GameFi, fostering collaborations and cross-chain interactions between XPLA and Sei Network ecosystems.
- Attract Diverse Interests: Draw in the passionate communities of gamers and DeFi enthusiasts, enriching StaFi’s user base and fostering vibrant community growth
SEI NETWORK (SEI)
SEI is an open layer 1 blockchain specialized for digital asset trade. The fastest blockchain in the industry solving the trilemma issues of decentralization, scalability and capital efficiency.
Vision: high-throughput, low-latency blockchain optimised for high-frequency trading and on-chain financial derivatives.
Strengths: Twin-Turbo consensus architecture for fast finality and scalability; focus on security and decentralisation; growing ecosystem of DEXes and DeFi protocols.
Circulating supply: 2.425bn
Market Cap: $2.1bn
Trading Volume: $313bn
Adoption: Axelar , PYTH, Sushi, Nitro
Recent growth: about 806% since all time low at 0.09536, as at Oct 19, 2023.
Sei Network fills a critical gap in the DeFi landscape with its focus on high-performance trading and financial applications. This caters to a large and underserved market of professional traders and institutional investors seeking advanced, decentralised financial tools.
Partnership with KudasaiJP expands the presence of SEI in Japan, thus automatically exposing StaFi to more investors in Asia, home of Crypto investors.
RWA support from SEI blockchain could boost TVL of StaFi as we could get more investors from real estate, agriculture etc.
Also, the Sei Network’s rapid growth and strong technical foundation indicate significant potential for rSEI price appreciation and increased utilisation within the platform.
Listing rSEI on StaFi can provide StaFi users with early access to a promising project positioned to revolutionize the trading and DeFi landscape.
Explore and Play(XPLA):
Emerging in 2023, XPLA Chain champions accessible, scalable Web3 gaming and dApps. Built on the secure Tendermint engine, it empowers developers with seamless user experiences and fosters cross-chain collaboration through IBC protocol. Committed to a sustainable future, XPLA prioritizes energy efficiency and aims for carbon neutrality, making it a future-proof playground for next-generation Web3 innovation.
As at 17th of January, 2024,
Circulating supply: 427 million XPLA
Total supply: 1.9 billion XPLA
Market cap: $79,473,712
Daily trade volume: $107k
Recent growth: since all time low at 0.$0.1375, as at Oct 22, 2023, the percentage change from ATL to current price 39%
Adoption: The walking dead all stars, Gallery(an onchain content aggregator), Ace Fishing crew, Idle Ninja Online. DEXs like Osmosis, MonsterSwap, SuperDex, Dezswap
Recent news: Partnership with Oasys, a gaming specialized mainnet in Japan. Google Cloud will be added to XPLA community as a volunteer validator.
Stafi gets to tap into the expanding GameFi and Web3 markets, which are poised for significant growth. Also, its a chance to diversify StaFi’s rToken offerings and appeal to a broader audience as XPLA has partnership in the gaming sector, also with Layer Zero, Burrito wallet.
Promote a more sustainable and interconnected DeFi ecosystem since it got partnership with Cosmos ecosystem partners like Axelar, Leap wallet etc. Capitalize on XPLA’s early traction and potential for future expansion.
XPLA Chain is still in its early stages of development, and its long-term success depends on community adoption, dApp development, and overall market conditions. I feel we could use this to our advantage.
Community Feedback and Governance:
We encourage the StaFi community to actively participate in the discussion and voting process regarding this proposal. Share your thoughts, ideas, and concerns through the designated channels to ensure a transparent and informed decision-making process.