The S7 Gov Fund Incentives are OP rewards from the Gov Fund distributed by the Grants Council to protocols across the Superchain that help increase TVL. Users can earn rewards by bridging assets to one of the participating chains and utilizing the protocols that are actively providing rewards.
All of the rewards have been Projects have up to 12 months to distribute rewards, however most rewards will be distributed in Season 7.
Velodrome Finance is an automated market maker (AMM) and integrates features from Curve, Convex, and Uniswap to establish itself as the primary liquidity hub for OP Mainnet. It boasts unique functionalities like a self-optimizing liquidity flywheel and NFTs representing liquid locked positions, directing 100% of protocol incentives and fees to its voters.
Aerodrome Finance is an AMM on the BASE network, integrating Velodrome V2 features with its unique liquidity incentive engine, vote-lock governance, and user-friendly design. It offers low slippage, high liquidity, $AERO token emissions, and rewards for liquidity providers, promoting active governance and community benefits. The platform's tokenomics include $AERO for utility and $veAERO for governance, encouraging long-term engagement and decision-making power for token holders. Governance is driven by $veAERO token holders, focusing on community-led decisions. Recently, Aerodrome received over 100,000 OP tokens from RetroPGF, underscoring its self-bootstrapped success and growing industry support.
Kyo Finance is a DEX on the Soneium blockchain. It leverages vote-escrowed tokenomics and innovative batch operations to simplify liquidity management and streamline DeFi interactions.
Moonwell is an open and decentralized lending and borrowing protocol. Onchain financial tools like decentralized lending and borrowing can empower people and act as stepping stones to new opportunities.
Sake Finance is a decentralized liquidity protocol built on Soneium. It offers a suite of integrated financial products—including lending, over-collateralized stablecoin issuance, and leveraged liquidity strategies—to optimize capital efficiency and streamline decentralized finance operations.
WOOFi enhances DeFi with low slippage, 0.025% swap fees, and deep liquidity via its sPMM model. Governed by the WOO DAO, users stake 1800 WOO tokens for voting rights on proposals. WOO tokens, with a 3 billion total supply, offer trading benefits, staking yields, and governance. Launched by WOO Network, WOOFi has backing from market leaders and venture capital, supporting its growth and development in the decentralized finance space.
Euler revolutionizes DeFi by letting any asset become collateral for a lending market. Lenders and borrowers get market leading risk-adjusted rates. Builders can create and manage markets exactly how they want them, with institutional-grade security.
Uniswap is a DEX protocol for ERC-20 tokens that features concentrated liquidity and community-driven governance through its UNI token. With a total supply capped at 1 billion tokens, UNI holders influence protocol changes and earn rewards through governance participation and liquidity provision. Initial funding included a grant from the Ethereum Foundation and a seed round led by Paradigm, which supported its development and growth in the decentralized finance (DeFi) ecosystem.