A Borrowing and Lending Protocol With a Twist By CoinQuora

Project incubators, supporting the launch and growth of crypto startups, have helped to meet the increasing demand for the development of defi solutions in the space. Unfortunately, current tiered models mean that eventually, every legitimate launchpad token rises to a price level where new entrants are prohibited from affording new project tier allocations. This incentivizes investors to find an alternative launchpad with a cheaper token price and, therefore, a better chance of receiving a decent allocation to new projects. Over time, however, this degrades the quality and increases the risk profile of project offerings on new launchpads.

This problem is known as the launchpad dilemma, based on the thesis by NewField Fund. Attempts to address the issue have so far revolved around diluting the token supply, lowering the token requirements per tier, or conducting a lottery for non-token holders. However, in all cases, the fundamental problem of accessibility has remained.

A new approach to project incubation is now being developed by the team behind Seeded Network, aiming to deliver a truly fair solution for all participants by leveraging its built-in defi solutions.

What Is Seeded Network?

Seeded Network is a borrowing and lending protocol with a twist on traditional defi integration to deliver a project incubator product that offers value beyond the standard launchpad approach. It focuses on developing a range of defi products to synchronize network usage, add utility to its native $SEEDED token, and incentivize the use of its incubator.

Seeded Network’s flagship lending protocol is the first-of-its-kind on to allow liquidity provider (LP) collateral, enabling participants to use LP tokens as collateral and borrow other assets while also providing utility to other parts of the network.

How Does It Work?

Seeded Network’s defi solutions are powered by Solana’s unique Proof of History and Proof of Stake hybrid architecture, delivering a high-performance, 400,000 transactions per second, less than $0.01 gas fee, decentralized blockchain from which to scale for mainstream adoption.

In solving for true fairness, Seeded Network seeks to avoid the launchpad dilemma by utilizing a no-tiered system that enables eligibility regardless of the number of tokens held. It also employs a decentralization model that combines more centralized incubator support with a fully decentralized product to allow projects to set up their own fundraising process via its smart contracts. And, by incorporating product usage incentives, Seeded aims to allow the ecosystem to harmonize and thrive, leveraging the power of its lending, borrowing, and staking solutions to promote usage of its incubator.

Project Incubator

Investors can access hand-selected projects that have passed the incubation process under an updated allocation model that delivers a more sustainable weighted-average system with…