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
Symbiosis Finance is a cross chain decentralized exchange that unifies liquidity from various blockchains, supporting both EVM and non-EVM technologies. It simplifies cross-chain token trades and asset transfers with a single-click operation, offering competitive rates and low transaction costs. Governed by a DAO utilizing the SIS token, it empowers holders with voting rights, security contributions, and participation incentives, encouraging active involvement and long-term commitment through token staking for governance and rewards. With $5 million raised over three funding rounds, backed by prominent investors like Delta Blockchain Fund and Binance Labs, Symbiosis Finance has established a solid foundation for growth and innovation in the decentralized exchange space.
Reserve Protocol distinguishes itself by offering a platform for the permissionless creation of asset-backed, transparent, and overcollateralized stablecoins, with a focus on enhancing financial security and transparency for its users. Its native token, Reserve Rights (RSR), is pivotal within the ecosystem, offering staking benefits and acting as a safeguard against collateral default while also enabling holders to participate in governance through proposals and voting on protocol changes. The governance model is community-driven, emphasizing democratic participation from RSR holders. Although specific funding details are undisclosed, Reserve Protocol enjoys backing from prominent investors like Peter Thiel, Sam Altman, and Coinbase, highlighting strong industry support and confidence in its mission to revolutionize financial services through transparency and user empowerment.
