Stellar Community Fund

By zkCrossDEX

Stellar zkCrossDEX

SCF #30

$100.0K

Build

Awarded

Phase Two of Stellar zkCrossDEX expands blockchains, wallets integrations, introduces airdrop program, and launches unified asset management and staking pools.

Products & Services

In Phase Two, we plan to develop several key products for Stellar zkCrossDEX Expansion:

1. Stellar Wallets Integration: Seamless integration with Stellar wallets - Lobstr, Albedo, Trezor, Xbull and Ledger.

2. Unified Wallet Manager: Offer a single interface to view DeFi holdings across EVM blockchains and Stellar.

3. Blockchain Integrations: Expand zkCrossDEX to include Arbitrum, Avalanche, Base, Blast, and Optimism.

4. Airdrop Program: Develop infrastructure for Airdrop dashboard, quests, and referral system for user growth.

Stellar’s infrastructure will support these innovations, driving adoption and improved user functionality.

Soroban

Yes

Requested Budget

$100.0K

Success Criteria

1. Development and Innovation:

With Phase Two, zkCross Network will bring substantial innovation to the Stellar ecosystem by addressing key DeFi gaps. Our focus on cross-chain liquidity, one-click transaction automation, and unified wallet management will streamline user experience and enhance Stellar’s competitiveness in the DeFi space. Introducing Smart Contract Audits, Stellar Wallets Integration and Staking Pools will lay the foundation for a more secure, scalable, and user-friendly DeFi infrastructure, further solidifying Stellar’s position as a leading blockchain for decentralized finance.

2. User Onboarding and Growth:

Our vision is to onboard the next wave of DeFi users to the Stellar ecosystem by offering an intuitive, easy-to-use platform that removes technical barriers. With the Airdrop Program, Quests, and Referral System, we plan to actively engage the community and incentivize participation. We aim to achieve 50,000 users interacting with Stellar zkCrossDEX within 6 months of Phase Two’s launch, greatly expanding Stellar’s DeFi user base and increasing financial access to decentralized services worldwide.

This dual focus on innovative development and user onboarding will ensure the long-term success and growth of Stellar zkCrossDEX.

Go-To-Market Plan

After completing the Stellar zkCrossDEX Phase Two development, our go-to-market strategy will focus on an extensive Airdrop Program where we’ve allocated 2% of the token supply of our upcoming $CROSS token to drive user adoption and promote zkCrossDEX. This will involve:

1\.	**Quests & Challenges**: Engaging users with specific tasks and rewarding them for completing various activities within zkCrossDEX.
2\.	**Referral Program**: Incentivizing users to invite others into the ecosystem, creating a viral loop of growth and adoption.
3\.	**Leaderboards**: Adding a competitive element where top participants earn extra rewards.

This approach will create excitement, incentivise engagement, and rapidly expand our user base. Additionally, through this program, the Stellar community will be able to experience and use zkCrossDEX, further solidifying their involvement.

We will leverage multiple channels for promotion, including partnerships, influencer marketing, and social media campaigns, ensuring wide visibility and participation.

Traction Evidence

We have made significant strides with Stellar zkCrossDEX during Phase One, introducing critical innovations:

1. Fiat OnRamp Integration: We successfully integrated Transak, enabling seamless fiat-to-crypto onboarding across Stellar and EVM chains.

2. Cross-Chain Transactions: We launched one-click cross-chain transactions on Ethereum, BNB Chain, and Polygon, abstracting DeFi complexities such as gas, swaps, and bridging.

3. DeFi Complexity Abstraction: Automated transaction processes for a simplified DeFi user experience.

You can view our phase two proposal deck for more detailed insights: https://docsend.com/view/fvgd4c7t8qs57udc

These milestones validate zkCross Network’s ability to drive real impact in the Stellar ecosystem.

Tranche 1 (Deliverable Roadmap) - MVP

Tranche 1: Stellar Wallets Integration & Unified Balance with Wallet Manager

Deliverable A: Seamless integration with Lobstr, Albedo, Xbull, and Ledger to enhance user experience and support native Stellar interactions.
Deliverable B: Implementation of a unified wallet manager displaying DeFi holdings across multiple chains.

Completion Measurement: Operational wallet integrations and wallet manager on Stellar zkCrossDEX mainnet. Timeline: 1 month Budget: $40,000

Tranche 2 (Deliverable Roadmap) - Testnet

Tranche 2: Blockchain Integrations

Deliverable: Expansion to Arbitrum, Avalanche, Base, and Optimism.

Completion Measurement: Functional blockchain integrations on Stellar zkCrossDEX mainnet.

Timeline: 1 month Budget: $30,000

Tranche 3 (Deliverable Roadmap) - Mainnet

Tranche 3: Airdrop Program System

- Deliverable: Launch of a referral-based airdrop program with quests and leaderboards to drive adoption.

Completion Measurement: Mainnet launch of the airdrop program. Timeline: 1 month Budget: $30,000

While the $90k grant will contribute to our development efforts, it will not cover the entire cost of building out the full features of Stellar zkCrossDEX Phase Two as outlined in the three tranches above.

However, we are fully committed to our long-term vision for this project. To expedite development and maximise the opportunity presented by the upcoming bull run, we are willing to allocate our resources to fast-track these initiatives. Our goal is to complete our long-term vision before the end of this year, ensuring Stellar zkCrossDEX is fully optimised for the DeFi landscape.