Introduction to SpaceFi

Mishtu
3 min readMar 9, 2023

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What is SpaceFi?

Welcome to Space, a blockchain platform that operates as a community-driven decentralized exchange (DEX), and combines various features of DeFi, NFT, gaming, and social networking. At Space, we uphold the spirit of DAO governance and are constantly exploring the possibilities of Web 3.0 and other experimental technologies.

As a member of Space, you can engage in farming activities in the DeFi sector, mint your own NFTs, invest in early-stage projects via our incubation and fundraising platform known as Space Starter, create or join a Spacebase, and vote in our DAO.

Our native token, STAR, is fairly issued and is used in various sections of our ecosystem.

Spaceswap, for instance, offers LP rewards, NFT dividends, buyback and burn mechanisms, and trading mining.

Space Farm supports various types of pools, including Single Pool, LP Pool, and NFT Pool.

Space NFT allows users to create and sell NFTs of different levels, and stake them to mine.

Space Starter, on the other hand, is our platform for incubating and fundraising for quality projects.

Lastly, Spacebase is our on-chain community, which offers additional mining rewards to its members.

In the wake of the launch of SpaceFi’s complete product and the 1M Evmos Liquidity Incentive on 02.21, there has been a steady increase in liquidity. This guide is intended to help the community understand how to use the Evmos Assets Dashboard and Axelar Bridge, in order to more effectively participate in SpaceFi’s farming and other offerings.

Incentivized Assets: axlUSDC, axlWETH, axlWBTC, ATOM, OSMO, JUNO, SPACE

Buy $EVMOS

To use $EVMOS on SpaceFi, you can purchase it from Huobi.com or Mexc.com, and withdraw it via the EVMOS (ETH/ERC20) network to an ERC20 address in your Metamask wallet. However, some centralized exchanges may have withdrawal limits on EVMOS via the EVMOS (ETH/ERC20) network. In such cases, you can withdraw your EVMOS via the EVMOS (EVMOS) network to an EVMOS address. The asset will then be automatically converted to EVMOS (ETH/ERC20).

Similarly you can also buy $EVMOS on SpaceFi or Osmosis.

Using the Axelar Bridge, it is possible to bridge assets such as USDC, ETH, and wBTC from Ethereum to Evmos as ERC20 assets. To accomplish this, you must enter your EVMOS (EVMOS) address, rather than the ERC20 address, in the ‘Destination Address’ field. Once the assets have been bridged to Evmos, they will be automatically converted to ERC20 assets, making it possible to use them in Metamask.

About SpaceFi

SpaceFi is a cross-chain web3 platform on Evmos and zkSync, with DEX+NFT+Starter+Spacebase as initial product. The first project to connect Cosmos and Layer2 ecosystem.

#evmos #cosmos #zkSync #Layer2 #web3 #defi

Join
Crew3: https://crew3.xyz/c/spacefisoulnetwork-1831/invite/OdggRJerWoLgILqKH1YU2

Discord: https://discord.gg/jxYKQfks

Twitter: https://twitter.com/spacefi_io

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