Project incubators have always aided in meeting the increased need for the creation of DeFi solutions. Unfortunately, existing tiered arrangements ensure that every legal launchpad token will reach a price point where new entrants will be unable to pay for new project tier allocations. This encourages investors to seek out an alternate launchpad with a lower token price. As a result, a higher chance of securing a reasonable allocation for new projects. But, this diminishes the quality and raises the risk profile of project offers on new launchpads over time.
According to NewField Fund’s premise, it is the “launchpad dilemma”. So far, attempts to remedy the issue have focused on diluting the supply, decreasing the requirements per tier, or holding a lottery for non-token holders. But, the underlying issue of accessibility has persisted in all circumstances.
The team behind Seeded Network is currently developing a new approach to project incubation. It aims to deliver a fair solution for all participants by using its built-in DeFi solutions.
Seeded Network: What is it?
The Seeded Network is a borrowing and lending protocol that takes a different approach to typical DeFi integration. Its primary aim is to produce a variety of DeFi products to synchronise network usage, provide utility to its native $SEEDED coin, and reward the use of its incubator.
Seeded Network’s flagship lending protocol is the first of its type on Solana. It supports liquidity provider (LP) collateral, allowing players to use LP tokens as collateral and borrow other assets while also giving benefits to other sections of the network.
How Does It Work?
Solana’s innovative Proof of History and Proof of Stake hybrid design powers Seeded Network’s DeFi solutions. It provides high-performance, with 400,000 transactions per second, less than $0.01 gas charge, and a decentralized blockchain.
Seeded Network tries to circumvent the launchpad conundrum. It employs a no-tiered structure that allows eligibility regardless of the number of tokens possessed. It uses a decentralization model that mixes many incubators to enable companies to set up their fundraising process using smart contracts.
Seeded also seeks to allow the ecosystem to blend and grow. It provides incentives, using the power of its lending and borrowing solutions to drive the use of its incubator.
Features of the Seeded Network
- From Seeded’s variety of DeFi solutions, investors may access hand-selected initiatives that have completed the incubation phase under an upgraded allocation method. It gives a more sustainable weighted-average system with varying risk tolerances.
- Projects incubated at Seeded have access to Seeded’s network of expert marketers, developers, advisers, graphic designers, and community moderators, as well as hands-on help from the Seeded team, to launch and build their platforms.
- Seeded Network allows users to borrow native tokens, including its own $SEEDED token, using their current assets and LP tokens as collateral. To get access to an allocation, they can borrow $SEEDED stakes for 10 days before the debut of an incubated business. You can withdraw these staked tokens within the time frame. But, there is a 30% fine.
- Users may lend out their desired assets for good returns and access to the Seeded ecosystem using Seeded’s lending service. Tokens lock for 90 days before other users can borrow and stake them to take part in incubation. But, their removal can be early with the same 30% distribution penalty.
CeritK, a premium security platform, will certify Seeded’s smart contracts. The company then intends to integrate synthetics, stable coins, farming, and other DeFi incentive solutions into its ecosystem.
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