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By Liqvid.xyz

Committed Yield RWAs on Stellar

SCF #37
$137.5K
Build
Awarded
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A firm commitment to deploy on Stellar and bring yield-generating institutional tokenized RWAs.

Products & Services

Liqvid X Stellar (product deck)
https://docsend.com/v/v5rxq/stellar_scf
The grant will enable Liqvid to bring institutional-grade infrastructure to Stellar for compliant tokenization, capital formation, and secondary liquidity for tokenized private market assets.

We aim to onboard the first $5–10M from institutional investors into initial tokenized deal(s).

Specifically, we plan to:

  • Deploy smart contracts for compliant RWA issuance, redemption, and investor access control (on Stellar L1 or Soroban)

  • Onboard the Liqvid platform to Stellar, utilizing L1 or Soroban to issue tokenized private market deals

  • Launch the first institutional-grade tokenized transactions on Stellar, targeting $5–10M in AUM

  • Promote this first deal as a flagship use case to drive future AUM/TVL growth and attract institutional attention to both the Stellar ecosystem and Liqvid platform. This transaction will serve as a live showcase of our partnership—positioning Liqvid as a trusted infrastructure provider and Stellar as a high-performance blockchain for institutional-grade yield opportunities in private markets.

Soroban

Yes

Requested Budget

$137.5K

Success Criteria

Success = Real institutional capital and programmable RWAs deployed via Stellar.

What does success and impact look like?

  • $3M+ AUM Deployed through Stellar (minimum)

  • 1+ Fully Tokenized Deal live on Soroban with yield-generating asset flow

  • Verified Institutional LPs onboarded through KYC/KYB

  • Integration with rwa.io or similar for public AUM/TVL tracking

  • All compliance and contract logic live and tested in production

  • First omnichain RWA-ready asset on Stellar, enabling future expansion through Asterizm cross-chain stack

Bonus impact: We demonstrate Stellar as a credible Layer 1 for institutional-grade private credit — compliant, fast, and yield-enabled.

Go-To-Market Plan

Liqvid is already live on mainnet in production with $3M+ AUM deployed (off-Stellar). This grant will help us bring the next $5–10M of institutional assets on-chain via Stellar.

Go-to-Market Strategy Includes:

  • Deal Syndication via Partner Network: We collaborate with originators and family office allocators to onboard real yield private credit deals.

  • Investor Pipeline: Liqvid already has institutional LPs in onboarding, seeking 10–15% APR tokenized deals. The first Stellar-based deal will be distributed directly to this network.

  • Showcasing Real Yield on Stellar: The tokenized deal launched on Stellar will act as a live showcase for the ecosystem. We will actively promote the structure (non-promotional, educational content only) to demonstrate technical viability and yield performance.

  • Integration into Liquidity Aggregators: Liqvid’s assets will be listed in analytics and tracking tools (e.g., rwa.xyz, rwa.io) to ensure visibility.

Traction Evidence

🚀 Liqvid Protocol v1 launched June 6, 2025

✅ First tokenized deal raised: $12,000,000

💲 Current AUM/TVL: $5,040,000 (deployed)

  • Attracted participation from multi-strategy funds and treasury managers targeting double-digit yield

  • Full backend and compliance infrastructure live, including KYC/KYB, wallet onboarding, and transaction management

  • Multiple tokenized deal pipelines in progress, representing over $20M in potential AUM

Disclaimer:

Integration with RWA.io is currently in progress. To view Liqvid’s real-time AUM/TVL, investors must complete onboarding on the platform.

Access is available exclusively to verified institutional participants. Public visibility of AUM/TVL via RWA.io will be available soon.

You can use this screenshot from platform dashboard

https://docsend.com/v/v5rxq/dealstvl

GITHUB: https://github.com/Liqvid-Protocol

BASE: https://basescan.org/address/0xBF2a0573b7fdEA7c9308888F4C994f469F42aE46#code

📈 Deal Flow

$75M+ in live deal flow now available on Liqvid v1

Targeting double-digit net APR for qualified investors

DEALS TEASERS
https://docsend.com/view/s/8yxqbjdbi4rrzxs2

🧳 Investor Onboarding

Over $5B in estimated AUM from onboarded investors

Includes multi-strategy funds, family offices, treasury managers, credit funds, hedge funds, and HNWIs

🎯 Boosts & Incentives

First yield boosts secured from L1 blockchain

Incentivizing up to $10M in tokenized assets

🏆 Recognition

Top 4 Protocol at Paris Blockchain Week

Finalist at WebSummit Qatar

Pre-seed closed in 10 days

backed by: Optic Capital | Blockchain Founders Fund | V3NTURES |

Funders VC | WebWise Capital | Cicada Capital | Oversubscribed Capital

✨ The first official event for institutional investors and capital allocators took place in May 2025 in Dubai as part of Token2049.

https://www.linkedin.com/feed/update/urn:li:activity:7327763755088404480

✅ In process of listing at https://www.rwa.io/ live data will be available soon with $5 040 000 in AUM/TVL

Tranche 1 (Deliverable Roadmap) - MVP

Omnichain stack Integration on Soroban for Liqvid baskets

Brief Description:
Port Asterizm’s omnichain cross-chain logic to Soroban (Rust/WASM) to enable messaging and validation between Stellar and other chains.

Deliverables:

  • Soroban-native Initializer and Translator contracts

  • Event-emission logic and hash/xID generation for Asterizm relayers

  • Off-chain relayer and Docker tooling adapted to Soroban

  • Full E2E simulation of messaging from Stellar to EVM testnet

How to Measure Completion:

  • Contracts deployed to local and Soroban devnet

  • Relayer detects Soroban events and validates hash/xID

  • Cross-chain simulation succeeds with proof relay (with any EVM chain)

Estimated Completion:
September 25, 2025

Budget Allocation:

  • Smart contract & relayer development: $35,000

  • Backend/off-chain agent work: $10,000

  • Internal QA & test infra: $5,000
    Total: $50,000

Tranche 2 (Deliverable Roadmap) - Testnet

Deployment of Liqvid Infrastructure

Brief Description:
Deploy Liqvid’s smart contract framework for RWA issuance and compliance-gated transfer mechanics, built on top of Asterizm logic.

Deliverables:

  • Smart contract with multisig, mint, burn, settle, crossChainTransfer

  • Full KYC/KYB off-chain investor onboarding logic + frontend dashboard v1

  • Integration with oracle feed for real-time NAV updates

  • Whitelist-based permissioning and investor flow simulation

  • Test tokenized deal simulation on Stellar testnet

How to Measure Completion:

  • Contracts deployed on Soroban testnet and functional

  • Asset lifecycle flows verified

  • RWA onboarding and omnichain mint simulated

Estimated Completion:
October 20, 2025

Budget Allocation:

  • Contract + backend infra (incl. compliance/KYC): $35,000

  • Oracle feed + frontend + API integrations: $15,000

  • DevOps + test infra: $5,000
    Total: $55,000

Tranche 3 (Deliverable Roadmap) - Mainnet

Mainnet Launch & Success-Based Expansion

Brief Description:
Launch first real-money tokenized RWA deal (min. $3M AUM) via Soroban. Connect live contract to rwa.io and prepare for scaling.

Deliverables:

  • Smart contracts launched on Soroban mainnet

  • Real capital onboarded via Liqvid platform ($3M+ AUM)

  • Integration with rwa.io (or another public listing) for live AUM/TVL tracking

How to Measure Completion:

  • Live smart contract addresses published

  • TVL > $3M tracked on Stellar

  • Yield dashboard activated for LPs

  • Contract integrated and visible via rwa.io (or another public listing)

Estimated Completion:
December 15, 2025

Budget Allocation:

  • rwa.io integration (or another public listing), monitoring & launch support: $5,000

  • Final deployment ops: $37,500 (smart contract methods modification and deployment)
    Total: $37,500 (unlocks only upon meeting AUM/TVL criteria)

Team

Liqvid brings together a powerhouse team with top-tier TradFi and DeFi investment experience, combined with deep technical expertise in building advanced blockchain protocols and infrastructure — uniquely positioned to serve as the connective tissue between traditional capital markets and tokenized private assets.

Founding team:

  • Hersi Shima - CEO, Co-founder (product vision & strategy, institutional GTM)

    ex-BlackRock, Global Fixed Income – Vice President, ex-Lazard.

  • Ignat Shapkin - CIO (LP coverage, deal underwriting, product oversight)

    ex-Edge Capital –  Head of Portfolio Management

  • Denis Polulyakhov – CPO, Co-founder (product delivery, chain integrations, partnerships)

    Previously launched Asterizm Protocol – Co-founder & CGO, investor at Carbyn Group VC.

  • Alex Gotovets – CTO (protocol architecture, on-chain development)

    Led tech teams at Asterizm, Chainspot, PointPay - CTO and tech lead

  • Elena Kiseleva – COO (regulatory and compliance operations)

    ex-GFS - operations/compliance 

Liqvid’s founding team brings unmatched operational expertise across capital markets, blockchain infrastructure, and product scaling.

  • Hersi led the launch and scaling of fixed income bond infrastructure at BlackRock

  • Denis and Alex built cross-chain protocols and DeFi liquidity layers used on 27+ blockchains

  • Ignat brings execution experience from Edge Capital ($230M AUM) hedge fund portfolio management

  • Elena supports us with robust regulatory compliance operations

Together, we bridge TradFi-grade trust with Web3-native architecture — unlocking a new institutional-grade asset class.

Our tech team has 7+ years of experience in blockchain development and product management.
Projects like Asterizm Protocol and Chainspot are live on 25 blockchains, generating revenue over the last 2 years.
Recognized with 8 grants and 4 hackathon wins, including at ETH Global.

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Denis-Polulyakhov

Denis Polulyakhov

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Project Stats

Team Size
1
Category
Financial Protocols
Total awarded
$137.5K*
Awarded Submissions
2
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Other Submissions

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By Liqvid.xyz

Cross-Chain Interoperability (GMP) infrastructure and Liquidity for RWAs on Stellar

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$135.0K
Build
Not Awarded