10 million STARK budget, a quick look at the 67 projects awarded in the first round of Starknet Early Adoption Grants

Follow the steps of the Starknet Foundation to explore 67 projects in the Starknet ecosystem. Among the application projects, 64% of the projects successfully obtained grants, but there are also many projects that have received grants with a low degree of completion and a relatively small number of users.

Written by: Karen, Foresight News

With the strong anticipation of potential STARK airdrops, the gradual improvement of the Starknet ecology, and the interactive activities launched by the ecological wallets Argent and Braavos, the locked amount of Starknet exceeded 50 million US dollars this week, and this figure was only less than 8 million in early March. Ten thousand U.S. dollars.

Meanwhile, the Starknet Foundation announced the first round of 67 grantees for the Starknet Early Adoption Grant (EAG) program. The task of the EAG committee established by the Starknet Foundation is to distribute multiple rounds of STARK token clearance to early builders of applications on Starknet, allowing early builders to participate in the operation of the network through pledge and voting. The total budget is up to 10 million STARK tokens, accounting for 0.1% of the STARK initial token supply (10 billion).

The first round of the EAG program has a total of 104 project applications, mainly for applications already on the Starknet main network or test network, and requires the application projects to open source their Starknet contracts and verify them on the block browser. The specific distribution adopts a point mechanism, the upper limit of points is 18 points, and 1 point rewards 10,000 STARKs. The measurement criteria are innovation (1-5 points), importance to the Starknet ecosystem (1-5 points), and so far in Starknet activities on the site (1-5 points), team size and workload (1-3 points).

Among the donated projects, projects launched on the main network before April 5 can unlock 100% of the grant tokens, projects in the test network can unlock 25% immediately, and the remaining 75% will be released within 2 months after the main network is launched distribution.

Foresight News will briefly introduce 67 projects donated by EAG, so as to help readers follow the steps of the Starknet Foundation EAG Committee to learn more about Starknet ecological projects. Overall, 64% of the projects that were applied for successfully received donations, but there are also many projects that have received grants with low completion and a relatively small number of users.

DeFi

10KSwap: AMM protocol (mainnet launched).

Alpha Road: A completely permissionless and composable AMM.

Carmine Options AMM: Options protocol on Starknet (mainnet launched).

Commercium: DEX aggregator on Starknet.

DAI and Maker over Starknet: Developed by MakeDAO's Starknet Core Unit department, it is currently building DAI and Maker related contracts on Starknet.

Donex Finance: AMM and revenue earning protocol.

Fibrous Finance: A price discovery and routing algorithm across multiple AMMs, providing token exchange services in the Starknet Validity Rollup.

JediSwap is a permissionless and composable AMM protocol on Starknet, built by the Mesh Finance community. JediSwap is currently launched on the Starknet mainnet, and the current TVL is about $5 million. JediSwap received 150,000 STARK grants.

Multichain: Cross-chain infrastructure.

Morphine

Morphine is a DeFi lending protocol. The main use cases include passive lending and active borrowing. Among them, passive lending allows users to provide liquidity and earn income through primary and advanced strategies; active borrowing enables users to deploy sub-accounts that can borrow collateral 15x, can access LSD, LP, ERC4626 and set automation.

Nostra: Starknet ecological liquidity layer, providing money market, UNO stable currency and Nostra Swap.

Orbiter Finance is a cross-chain solution, and the Orbiter Bridge infrastructure allows assets to be transferred in various Rollups such as StarkNet and zkSync. Orbiter Finance is developing zkProver, a middle layer that utilizes zero-knowledge technology to aggregate transactions and increase TPS and cross-Rollup transaction volume.

RabbitX: Limit order book perpetual and derivatives trading protocol on Starknet.

Renegade

Renegade is developing an on-chain dark pool trading solution based on multi-party computation (MPC) and zero-knowledge proofs, aiming to improve execution prices in DeFi by preventing front-running, sandwich attacks, and arbitrage.

In February 2023, Renegade completed a $3.4 million seed round of financing led by Dragonfly and former AngelList CEO Naval Ravikant. Other individual investors include Lily Liu (Balaji Srinivasan), Tarun Chitra (Robot Ventures), Marc Bhargava (Tagomi) and Lev Livnev (Symbolic Capital Partners).

SithSwap is a decentralized AMM protocol based on StarkNet (the main network has been launched). In June 2022, SithSwap completed a US$2.65 million seed round of financing at a valuation of US$25 million, led by Lemniscap, with participation from Big Brain Holdings, GSR Markets, DWeb3 Capital, and Ghaf Capital Partners.

StarkDeFi: A comprehensive DeFi solution Hub on Starknet, including Launchpa "StarkPad", which is currently on the test network.

Sphinx: Cross-chain order book DEX protocol

Starkswap: StarkNet ecological DEX.

Yagi: Starknet Yield Aggregator.

zkLend

zkLend is an L2 money market protocol built on StarkNet. In mid-May, zkLend announced that the Alpha version of the main network was officially launched on Starknet, which supports user deposits, loans, and license-free use of ETH, USDC, USDT, DAI, and WBTC.

In mid-2022, zkLend completed a US$5 million seed round of financing led by Delphi Digital. Other investors include StarkWare, Three Arrows Capital, Alameda Research, MetaCartel DAO, Amber Group, Genesis Block Ventures, etc.

ZKX

ZKX is a derivatives trading protocol based on Starknet. In April 2022, ZKX received funding from StarkWare. In July 2022, ZKX completed a $4.5 million seed round of financing. Investors include StarkWare, Alameda Research, Huobi, HashKey, Gate.io, Amber Group, Crypto.com, Polygon Co-founder Sandeep Nailwal and DragonFly Capital general partner Ashwin Ramachandran, among others.

ZK-Swap: Open source NFT AMM protocol on Starknet.

NFT/ Game/ Metaverse

Aspect: NFT marketplace on Starknet (formerly PlayOasis).

AlmanacNFT: A collection of 10,000 NFT series of unique crypto trading days on Starknet.

briq: NFT construction protocol, one of the winners of the StarkWare Hackathon in April 2022 (the main network has been launched).

Cartridge: Autonomous worlds and game infrastructure are being built on Starknet.

Death-Machine: Game.

Dragon Quest: A text-based role-playing game where players battle dragons in a cyclical combat system, leveling up, gaining abilities, using spells, and acquiring equipment.

Early Starkers: Inspired by the Hollywood Walk of Fame, allows users to cast and name their own stars.

Focus Tree: Aims to help users reduce their dependence on their phones, using collectibles and financial incentives to gamify experiences and help users adopt a healthier lifestyle.

Frens Lands: is a fully on-chain builder strategy game where players can harvest resources and create the community of their dreams.

Guildly: Aiming to change the way assets are shared in Web3 games, shared accounts are being leveraged to facilitate secure and permissionless lending without collateral.

Galaksians: An NFT collection on Starknet.

Influence: Space strategy game.

Mint Square: NFT market based on Ethereum Layer2 ZK Rollup.

Mystis: Based on the Greek mythology Web3 fighting game on Starknet, 9 games are under development.

Monkey Mind: Gamified meditation mobile app.

NoGame: Space-themed MMO utilizing NFT and ERC20.

Penrose: An experiment in on-chain generative art built by Quasar Labs on Starknet.

PokeCairo-Cards: NFT series.

Pxls: Allow on-chain artwork to assist in production.

Realms (150,000 STARKs)

Realms (Bibliotheca DAO) started out as a Loot spinoff and is currently a massively multiplayer on-chain game on Starknet. Realms scored 15 points in the Starknet Foundation's score, with a total of 150,000 STARK.

Realms plans to release Lords migration to Starknet within the next 30 days, as well as release a Lords-powered arcade-style survival game play2 die, and Realms Eternum is rewriting for Cairo 1.0 using the Dojo tech stack toolkit (Dojo is a Starknet's on-chain gaming toolchain).

RULES: A trading card game about rap music.

RYG.Labs: An NFT creative agency that is building interactive dynamic NFTs and providing NFT marketing solutions. RYG.Labs previously announced in October 2022 that it had received a donation from StarkWare.

Starkpunks: A collection of 10K NFTs on Starknet.

Starki NFT: An NFT collection of 559 unique NFTs on Starknet. StarkiNFT holders will have an advantage in the Starki protocol currently under development. The Starki protocol is a no-loss earning protocol on Starknet.

Starknet Chimpion: Utility NFT series.

Starknet Security Challenges Factory: Allow users to learn about Starknet smart contracts in the form of games.

Starkpilled: Collection of SFT Avatars.

StarkRocks: is a collection of 444 unique NFTs. Users holding NFT can access Fibrous Finance's services at a 0% service fee.

The Ninth: The metaverse game on Starknet, the gameplay includes land purchase, upgrade and pledge, etc.

Topology: The world on the chain is being built.

other

Carbonable is a carbon tracking system Carbonable based on StarkNet. In March 2023, Carbonable completed a $1.2 million seed round of financing, led by Ethereal Ventures and La Poste Ventures, and participated by Starkware.

Civia: Account Abstraction (AA) wallet on Starknet, covering social recovery and social graph on real chain.

Dolven Labs + Starknet Social + StarkGuardians

Dolven Labs is a DAO-based ecosystem Catalyst and a center for permissionless DeFi tools in the Starknet ecosystem. Starknet Social is a social network built by Dolven Labs. StarkGuardians is an auditing platform, Launchpad platform, and also offers anti-fraud plugins.

Herodotus: A proof-of-storage cross-chain data access solution is being built, which will allow smart contracts deployed on Starknet to access current and historical data on the Ethereum chain in a trustless manner.

Fossil: It is a set of smart contracts on Starknet and Ethereum L1, allowing Starknet smart contracts to read any content that has been submitted to Ethereum L1 and L2.

QuarkID: Decentralized identity protocol.

Pragma Network: The original Empiric is Starknet's native oracle machine, providing data streams for the ecosystem.

Prop House: Public infrastructure launched by Nouns DAO, rewarding builders through financing rounds.

Snapshot X: Starknet-based governance framework (developed by Snapshot).

Starknet ID: Domain name service on Starknet (the mainnet has been launched).

Starksheet: Starknet ecological spreadsheet protocol (mainnet launched).

WTF Starknet (60,000 STARK)

WTF Starknet is developed by WTF Academy, an open source community for Web2 programmers to learn the Ethereum programming language Solidity.

xoroshiro128_starstar: Pseudo-random number generator.

Triality: is a decentralized knowledge sharing platform focused on providing Starknet technology education for Web3 developers.