The Stabila Foundation is a community-driven initiative focused on advancing stablecoin adoption within the Celo ecosystem. Established in May 2024, it supports the growth of Celo-native stablecoins through liquidity incentives, educational campaigns, and strategic partnerships
LogX is a perp dex offering deep liquidity and an efficient leveraged trading experience, moving away from traditional reliance on external liquidity providers. It allows trading against a pool of stable assets, with innovative features like a dark oracle for price aggregation and a risk management framework. While LogX has launched an airdrop program, it currently lacks a native token, focusing on user engagement through rewards. Governance is code-centric, reflecting its early stage without a token-based decision-making process. The project has secured $6.1 million in funding from notable investors such as Sequoia Capital and Coinbase Ventures, marking its potential within the DeFi ecosystem.
FxHash stands out in the generative art space by providing a user-friendly platform for artists, collectors, and curators to engage with generative art. Unlike other platforms, it does not have its own token, focusing instead on enabling the creation, sale, and collection of unique NFTs. Governed solely by its core team without a formal governance structure, FXhash prioritizes direct oversight and decision-making. The project has garnered significant support, raising $5 million in seed funding led by 1kx and supported by various notable entities
RubyScore is a decentralized onchain ranking protocol that evaluates wallet reputation based on various blockchain metrics. It encourages user engagement by motivating users to improve their onchain reputation through daily tasks. While RubyScore currently has no governance process or token, it generates revenue through a fee-based API for wallet identification, transaction fees for NFT rewards and minting profiles, and services like deferred transactions, the RubyScore ranking passport, and Verax Proof of Humanity attestation. It has received funding from Gitcoin Grant 20 and Optimism Retroactive Public Goods Funding 4.
