Original｜Odaily Planet Daily

Author: Azuma

In the early morning of April 18, Jupiter, the leading DEX protocol in the Solana ecosystem, announced that the second round of voting for LFG Launchpad has officially started. There are six candidate projects in this vote, namely LST liquidity aggregation protocol Sanctum, idle bandwidth sharing network UpRock, decentralized energy network Srcful, integrated DEX project MonkeyDex, AAA game Nyan Heroes, and on-chain reputation system Solana ID. This round of voting will end on April 21.

Previously, on March 11, Jupiter completed the first round of community voting for LFG Launchpad. In the end, 175,000 voting users jointly selected Zeus Network and SharkyFi as the first two projects to be launched. Among them, Zeus Network has completed its launch and has successfully landed on top exchanges such as OKX, and SharkyFi's launch also started yesterday.

Considering Jupiter’s strong brand appeal in the Solana ecosystem, and the fact that there are already many well-known projects in the second round of Launchpad candidates, this round of voting has also attracted a lot of attention on social media. Next, Odaily Planet Daily will take you to quickly understand the overview of the six major projects in the second round of LFG Launchpad, hoping to help you make voting or trading choices.

Sanctum: LST liquidity aggregation protocol

Earlier this month, Sanctum just announced the completion of its seed round of extended financing, led by Dragonfly, with participation from Sequoia, Solana Ventures, CMS Holdings, DeFiance Capital, Genblock Capital, Jump Capital, Marin Digital Ventures and others. Although the amount of this round of financing was not disclosed, Sanctum revealed that the total financing of the project has reached US$6.1 million.

Sanctum hopes to solve the liquidity fragmentation problem of major liquidity staking tokens (such as jitoSOL, mSOL, bSOL) in the current Solana ecosystem. By creating a liquidity pool (Sanctum Infinity Pool) that supports multiple LST tokens, Sanctum will build a unified liquidity layer around liquidity staking scenarios.

Users can invest SOL or other LST tokens into Sanctum Infinity Pool and receive INF, a voucher token representing the pool share. INF not only automatically helps users accumulate staking income, but can also be used freely in DeFi protocols such as Marginfi and Kamino. If users want to exit, they can also redeem INF for LST tokens or SOL at any time.

Voting application homepage: Sanctum LFG: building the infinite-LST future - LFG Introductions - (jupresear.ch)

Official website: https://sanctum.so

Social media accounts: https://twitter.com/sanctumso

UpRock: Idle bandwidth sharing network

UpRock is positioned as a DePin network for sharing idle bandwidth. With UpRock, users can earn tokens by sharing their idle Internet bandwidth, and can also convert tokens into various real services in the real world through staking, such as air tickets, call duration, etc. In addition, UpRock also makes full use of AI to help users break down complex Crypto concepts, so that users can use its products concisely and efficiently.

UpRock currently has approximately 165,000 users, with approximately 10,000 new users added each week. Its services have spread to more than 3,000 cities in 168 countries.

Voting application homepage: Introducing UpRock! DePin for AI - Share your idle internet and earn $UPT

Official website: https://uprock.com

Social media accounts: https://twitter.com/uprockcom

Srcful: Decentralized Energy Network

Srcful hopes to build a decentralized "virtual power plant" in the form of DePIn and use tokens to incentivize members' participation, thereby accelerating and promoting the development of renewable energy.

Over the past two years, Srcful has been committed to deploying distributed energy resources (DER) such as solar panels and home batteries in homes in multiple cities and suburbs, and then challenging traditional energy giants by linking distributed devices to build a decentralized virtual power plant.

Voting application homepage: Srcful - Decentralized Virtual Power Plant - LFG Introductions - (jupresear.ch)

Official website: https://srcful.io

Social Media Accounts: https://twitter.com/srcful

MonkeyDex: All-in-one DEX project

Monkey Dex is a decentralized exchange that started on Solana but has now expanded to 12 chains. Its vision is to become the most comprehensive one-stop decentralized trading solution.

In addition to spot trading services, Monkey Dex plans to use Jupiter's liquidity to build contracts and copy trading functions.

Voting application homepage: LFG Launchpad Introduction - Monkey Dex / Monkey Gold $MOGO

Official website: https://monkeydex.exchange

Social media accounts: https://twitter.com/monkeygodlabs

Nyan Heroes: AAA Game

Nyan Heroes is a competitive shooting game, and it is also one of the most popular games in the Solana ecosystem.

In 2021, Nyan Heroes announced the completion of a US$2.5 million seed round of financing, led by Three Arrows Capital, Mechanism Capital and DeFiance Capital, with participation from Sino Global Capital, Infinity Ventures Capital, Solana Ventures, Skyvision Capital, Yield Guild Games, Merit Circle and angel investors Twitch co-founder Kevin Lin, League of Legends executive producer and creative development director Thomas Vu, Wu Jihan (Matrixport), Darren Lau (The Daily Ape) and MrBlock.

In May 2022, Nyan Heroes announced again that it had completed a strategic financing of US$7.5 million with a valuation of US$100 million. Kosmos Ventures, Sino Global Capital, Shima Capital, Petrock Capital, Morningstar Ventures, 32-bit Ventures, Crypto.com, Tess Ventures, Master Ventures, Wave 7, Ancient 8, Drops Ventures, Andromeda Capital, Salad Ventures, Moonchain Capital, Snackclub, Joel Madden, A$AP Lou, Arnold Poernomo, DataDash, CryptoLark, CAGYJAN, Sol Legend and Koroush participated in the investment.

Nyan Heroes currently has over 220,000 active users, and the game once ranked ninth on the Epic Games hot list.

Voting application homepage: Introducing Nyan Heroes to LFG - A flagship AAA shooter on Solana - LFG Introductions - (jupresear.ch)

Official website: https://nyanheroes.com

Social media accounts: https://twitter.com/nyanheroes

Solana ID: An on-chain reputation system

Solana ID hopes to build a decentralized identity and reputation system (DID) based on Solana.

Solana ID can filter and group specific addresses based on their on-chain activity to derive a preliminary trust score and rating for the address. At the same time, users can also selectively use their own off-chain identity credentials for verification, thereby improving the security of the entire system.

For on-chain service providers, Solana ID data can also help them capture target customers more accurately when conducting marketing activities, thereby reducing costs and increasing efficiency.

Voting application homepage: DSID 𑁍 — Makers of the one and only Solana ID ($SOLID application for LFG)

Official website: https://www.digitalsocial.id

Social media accounts: https://twitter.com/digitalsocialid

Voting Live

According to Jupiter's plan, the second round of LFG Launchpad voting will last 72 hours and end on April 21.

Judging from the current real-time voting process, Sanctum, which is backed by top VCs such as Sequoia, Solana Labs, and Jump Capital, has received over 60% support and temporarily maintains an almost overwhelming advantage. Following closely behind is the DePin project UpRock and the blockchain game Nyan Heroes.

However, since the voting has just begun, it is still unknown what changes will occur in the next three days. Odaily Planet Daily will continue to accompany you to keep an eye on it and follow up as soon as the final results are released.