Introduction to SpaceFi Product: Connecting Cosmos and Ethereum Layer2 Ecosystems

Are you curious about the cross-chain web3 platform on Evmos and zkSync that is making waves in the crypto space? Look no further than SpaceFi, with its initial product offering of DEX, NFT, Starter, and Spacebase. But what sets SpaceFi apart is its ultimate vision to connect Cosmos and Ethereum Layer2 ecosystems and explore asset cross-chain and interoperability solutions.

Led by Spacer DavidC, SpaceFi is building on Evmos, the EVM hub on Cosmos, to bring EVM developers into the Cosmos ecosystem and offer modular and interoperable cross-chain solutions. Additionally, SpaceFi is leveraging zkSync, a Layer 2 scaling solution on Ethereum, to provide fast and secure transactions.

The SpaceFi product is fully integrated and aims to create sustainable chemistry between modules. You can trade in the DEX, earn in the Farm, mint/stake/sell Planet NFTs, create or join a Spacebase, and invest in new projects through the Starter module. Planet NFTs are a pass in the SpaceFi ecosystem, containing lots of STAR assets and utilities. By staking planet NFTs, users can get more rewards than staking STAR tokens.

SpaceFi also offers the SPACE Bridge, specially designed for transferring SPACE/xSPACE/Planet NFT between different chains, currently Evmos and zkSync Era. The bridge fee will be burned, and a corresponding amount of the token will be issued in the target chain as native token.

Finally, SpaceFi has a community-driven, dynamically evolving tokenomics system with an initial supply of 60 million STAR tokens. The community can participate in Evmos and zkSync ecosystem building and governance through spacefi.io Validator, which has a co-building and sharing mechanism for stakers and the SpaceFi community. Delegators will be incentivized with extra airdrops, WL, and NFTs, while 50% of validator commission will be redistributed to planet NFT holders, community contributors, buyback, and burning $STAR.

Stay tuned for more exciting developments from SpaceFi as they continue to connect Cosmos and Ethereum Layer2 ecosystems!