Stellar Community Fund

By LiquidsFi: Bridge and Cross-chain Oracle

LiquidsFi: Bridge and Cross-Chain Oracle

SCF #36

$108.0K

Build

Awarded

LiquidsFi is a decentralized, secure liquidity protocol and interoperability oracle network that connects liquidity and on-chain data between multiple EVM chains and Soroban. It provides the Soroban ecosystem with a reliable way to bridge crypto assets from various EVM chains.

Products & Services

LiquidsFi is a multichain liquidity protocol and interoperability oracle network that connects liquidity across siloed blockchains. It is powered by a decentralized oracle relay network infrastructure and focuses on bridging assets securely and cost-effectively between EVM-compatible chains and Soroban and the Stellar ecosystem.

Interoperability has long been a challenge in blockchain development. Many existing solutions prioritize asset transfers between isolated chains, often introducing a single point of failure. While oracle-based inter-chain messaging protocols like Chainlink help relay data across chains, they primarily support EVM-based blockchains, leaving non-EVM ecosystems like Soroban without robust interoperability options.

LiquidsFi addresses this gap by developing a secure and efficient EVM-Soroban interoperability data transmission oracle network and asset bridge.

By enabling seamless liquidity transfers between EVM chains and Soroban, LiquidsFi enhances capital efficiency, dApp accessibility, and overall adoption of Soroban-based assets. Users who previously relied on EVM networks for interoperability can now securely transfer assets and access DeFi opportunities on Soroban, ultimately driving higher on-chain activity and TVL growth.

Key Features

The key features of LiquidsFi include:

1. Decentralized, Non-Custodial Liquidity protocol

Powered by community-supplied on-chain liquidity
Fully non-custodial model enhances trust and transparency
Liquidity providers earn LP rewards and token incentives
Aligns token incentives with Stellar/Soroban adoption

2. Dedicated EVM ↔ Soroban Interoperability

Custom-built infrastructure for EVM-Soroban bridging
Supports Lock-and-Release + Lock-and-Mint mechanisms
Optimized for seamless token, NFT, and data transmission

3. Multichain Token Integration API

Projects can easily integrate their tokens into the bridge
Includes support for:
- Metadata registration
- Custom minting configurations
- Liquidity pair initialization
- Bridge fee customization

4. On-Chain Oracle Data Bridging

Enables oracle-based data transmission between chains
Ideal for DeFi, analytics, and real-world data applications
Supports custom data routing for advanced dApp use cases

5. NFT Bridging with Metadata Support

Native support for NFTs + metadata across chains
Allows Soroban-based NFT platforms to access EVM marketplaces and vice versa

6. Infrastructure Layer for Soroban Projects

Simplifies cross-chain functionality for Stellar-based dApps
Helps non-EVM-native tokens and protocols become multichain
Boosts accessibility and liquidity reach for Soroban projects

Ecosystem Impact

The impact LiquidsFi has on the Stellar ecosystem is as follows:

For Developers:

Launch Soroban-native tokens with built-in cross-chain functionality
Access liquidity and user bases on major EVM chains
Build oracle-powered dApps with real-time multichain data feeds

For the Stellar Network:

Drives TVL and active usage of Soroban smart contracts
Expands Stellar’s role as a DeFi-capable Layer 1 beyond payments
Encourages native project growth with first-class interoperability support

For the Community:

Incentivizes participation through LP staking and liquidity mining
Offers transparent, non-custodial infrastructure for secure asset bridging
Enables NFT creators, dApp builders, and DeFi developers to grow multichain

Soroban

Yes

Requested Budget

$108.0K

Success Criteria

The success of LiquidsFi will be evaluated using the following key platform metrics:

1. Active Liquidity Providers

Definition: Number of users providing stablecoin/asset liquidity through the LiquidsFi protocol.

Target:
- 100 active liquidity providers in the first month
- 500 active liquidity providers by the second month

2. Total Value Locked (TVL) in the Bridge Pool

Definition: The total stablecoin/asset value locked in the Soroban LiquidsFi Bridge pool.

Target:
- $50,000 in TVL within the first two months
- $500,000+ in TVL within six months

3. Active Users of the LiquidsFi Bridge

Definition: Number of unique wallets interacting with the bridge.

Target:
- 500 active wallets within a one-week period
- 5,000+ unique wallets using the bridge overall

4. Total Bridge Volume (Inflow + Outflow)

Definition: Total transaction volume processed by the bridge across all supported chains.

Target:
- $10,000+ weekly volume in the first month
- $100,000+ weekly volume from the second month onward

5. Adoption by Projects & dApps

Definition: Number of third-party projects integrating the LiquidsFi Oracle Network.

Target:
- 5 projects onboarded within the first two months
- 15+ projects onboarded by the sixth month

Go-To-Market Plan

LiquidsFi has developed a robust and proven go-to-market strategy, inspired by successful models implemented by leading interoperability and DeFi protocols. The core focus of our approach is participation incentivization — ensuring early adoption, user retention, and sustained ecosystem engagement.

1. Liquidity Mining Incentives

At the heart of LiquidsFi is a multichain liquidity protocol and non-custodial bridge, which relies on active liquidity provision. To bootstrap liquidity and reward early users, LiquidsFi will launch a liquidity mining rewards program. This initiative will:

Attract early adopters by providing yield opportunities on idle stablecoins and other assets
Boost available liquidity for seamless cross-chain asset bridging
Foster long-term engagement by rewarding consistent participation

2. Point-Based Token Rewards

LiquidsFi will implement a point-based token reward system, similar to a loyalty or cashback program. Users earn points (redeemable for tokens) when bridging assets through the protocol. This system is designed to:

Incentivize repeat usage of the bridge
Improve user retention through ongoing rewards
Encourage organic growth as users are rewarded for continued activity

3. Strategic Partnerships & Ecosystem Integration

To accelerate adoption, LiquidsFi will form strategic partnerships within the Soroban and Stellar ecosystems. These efforts include:

Integrations with Soroban-based dApps and DeFi platforms to expand use cases
Cross-marketing collaborations with ecosystem projects to leverage community overlap
Active participation in Soroban and Stellar growth initiatives and hackathons

4. Community Engagement & Incentivized Programs

LiquidsFi will prioritize community-driven growth by launching targeted engagement campaigns, including:

Bounty Programs: Security and community bounties to encourage contributions and feedback
Marketing Collaborations: Partnering with KOLs, crypto influencers, and media outlets to amplify visibility
Education & Awareness Campaigns: Hosting AMAs, producing educational content, and organizing onboarding workshops to grow the user base

By combining liquidity incentives, token-based rewards, strategic partnerships, and community engagement, LiquidsFi is positioned to achieve rapid adoption, deep protocol liquidity, and strong developer and user traction from the outset. This multi-pronged strategy ensures both immediate impact and long-term sustainability.

Traction Evidence

LiquidsFi has been in development for several months, with the team conducting rigorous internal testing and multiple iterations of the MVP. The testing phase involved 15 internal users focused on identifying and resolving bugs, helping ensure a stable and secure foundation for the protocol.

During the testnet phase, LiquidsFi secured over $15,000 in TVL from stablecoin deposits — an early indicator of user trust and protocol engagement. The MVP (Beta) is expected to go live soon, with initial access planned for over 100 users. This beta release will serve as a crucial step toward refining the protocol ahead of the full mainnet launch.

Growth Projections

Within the first two months post-launch:
- 200+ active users
- $50,000+ in TVL on Stellar/Soroban
At full launch:
- 2,000+ users
- $250,000+ in TVL on Stellar/Soroban

Tranche 1 (Deliverable Roadmap) - MVP

Deliverable 1: LiquidsFi Multichain Interoperability Oracle Connecting Stellar/Soroban to Multiple EVM Blockchains

Brief Description:

The LiquidsFi multichain interoperability oracle enables seamless data transfer between Soroban/Stellar and multiple EVM blockchains. It consists of a decentralized node network, a network of 10–20 independent oracle nodes that securely transmit data between chains. An on-chain consensus mechanism validates and finalizes the transmitted data, while a message routing system ensures efficient delivery from the source chain to the target chain.

Measure of Completion:

Users can send data from Soroban/Stellar to various EVM blockchains and develop multichain/omnichain dApps using the LiquidsFi interoperability oracle.
Developers can create applications such as multichain NFTs and tokens that move securely and efficiently between Soroban/Stellar and EVM chains.
Users can integrate LiquidsFi and utilize both the Lock-and-Release and Lock-and-Mint mechanisms for asset transfer.

Estimated Completion Date:

July 15, 2025

Budget:

$20,000

Deliverable 2: LiquidsFi Stellar/Soroban - EVM Asset Bridge

Brief Description:

The LiquidsFi multichain Asset bridge facilitates secure and efficient bridging of stablecoins and other supported assets between Soroban/Stellar and multiple EVM blockchains. Stablecoins such as USDC, which already exist on Stellar, will be integrated using LiquidsFi’s Lock-and-Release mechanism. Other popular stablecoins and assets, such as USDT, will be supported using the Lock-and-Mint approach, issuing a wrapped version of the asset on Stellar/Soroban.

Measure of Completion:

Users can securely transfer USDC between several EVM blockchains and Soroban/Stellar using the LiquidsFi bridge (via the beta Mainnet Lock-and-Release mechanism).
Users can securely transfer other widely-used stablecoins (e.g., USDT) and assets from several EVM blockchains to Soroban/Stellar using the beta Mainnet Lock-and-Mint mechanism.

Estimated Completion Date:

August 25, 2025

Budget:

$20,000

Deliverable 3: LiquidsFi Bridge Liquidity Protocol

Brief Description:

LiquidsFi will deploy its non-custodial stablecoin and assets liquidity pool on Soroban/Stellar and all supported EVM chains. This protocol allows users to participate by adding stablecoins to the pool, earning rewards, and mining LiquidsFi-native assets. The pool will also support Lock-and-Release and Lock-and-Mint mechanisms to enable efficient cross-chain liquidity.

Measure of Completion:

Users can add stablecoin liquidity to the pool and earn interest from bridge-related fees, as well as mine LiquidsFi assets.
Users can add liquidity of other supported assets to the pool and earn interest from bridge-related fees, as well as mine LiquidsFi assets.
Users can withdraw deposited assets and accrued rewards at any time.
Users can participate in liquidity pool balancing and earn additional rewards for helping rebalance pool liquidity across chains.

Estimated Completion Date:

September 15, 2025

Budget:

$14,000

Tranche 2 (Deliverable Roadmap) - Testnet

Deliverable 1: LiquidiFi Interoperability Oracle and Multichain Bridge Beta/Testnet Launch

Brief Description:

This milestone marks the official Beta/Testnet launch of the LiquidsFi interoperability oracle and multichain bridge. The beta version will be deployed on both Soroban testnet and public network, allowing developers and users to interact with and test all core features of the protocol, including the oracle network, message routing system, and bridging mechanisms.

Measure of Completion:

Bug bounties program will be conducted, and detailed reports on identified bugs will be collected.
The team will implement necessary fixes in preparation for security audits and the full Mainnet launch.
project token bounty reward

Estimated Completion Date:

October 25, 2025

Budget:

Tranche 3 (Deliverable Roadmap) - Mainnet

Deliverable 1: LiquidsFi Mainnet Official Launch

Brief Description:

This milestone marks the official Mainnet launch of the LiquidsFi interoperability oracle and bridge protocol. With this release, all users within the Stellar/Soroban ecosystem will gain access to LiquidsFi’s features. The launch will enable the secure and efficient bridging of stablecoins and other digital assets between Stellar/Soroban and more than 10 EVM-compatible blockchains. Additionally, developers and projects will be able to build multichain dApps on Stellar/Soroban, powered by the LiquidsFi oracle network.

Measure of Completion:

Users can securely and efficiently bridge assets between Stellar/Soroban and over 10 EVM blockchains, increasing both asset liquidity and user activity within the Stellar ecosystem.
Users can participate by providing asset liquidity on soroban and earn interest from bridge-related fees, as well as mine LiquidsFi assets.
Projects can integrate the LiquidsFi oracle network to develop multichain dApps, including asset bridges, multichain tokens, NFTs, and other cross-chain applications.

Estimated Completion Date:

November 25, 2025

Budget:

$54,000

Team

The LiquidsFi team is composed of five tech enthusiasts and blockchain experts, collectively boasting over 30 years of experience in software application development and more than 15 years building blockchain applications. The team is led by Adedotun Akintayo, who holds a Ph.D. specializing in Numerical Algorithms and Applied ML. With extensive experience as an AI/ML Software Engineer & Tech Lead at Boeing, he brings profound technical expertise and strategic insight to his role as co-founder and business lead at LiquidsFi. His background in developing distributed computing, numerical analysis, and AI-driven tools and frameworks, combined with a proven track record in product development and project management, equips him to effectively lead the team in achieving LiquidsFi's mission.

The team has done significant work on developing decentralized applications and protocols on several blockchains, both EVM and non-EVM ones like Soroban, Solana and Polkadot. These include the development of a multi-chain algorithmic money market (AMM) where users can take out over-collateralized loans using both tangible and intangible assets like NFTs. It is one of the few AMMs that supports the use of whitelisted NFTs in a permissionless manner as collateral. Another major achievement is the development of an NFT on-chain liquidity reserve. This protocol is designed to give NFTs of GameFi projects intrinsic value, making it possible to build LP DEXs and atomic swaps for NFTs, which was not possible before. And more recently, the team developed a stablecoin bridge protocol that uses a lock and release mechanism for asset transfer and leverages the Chainlink Cross-Chain Interoperability Protocol (CCIP) and an in-house decentralized oracle mechanism to transfer assets. This protocol supports the bridging of stablecoins (testnet) across multiple EVM chains, and the team is now working on expanding it to non-EVM chains.

With these accomplishments, the team is now focused on interoperability solutions, which involve bridging Soroban and Stellar Lumen to tens of EVM chains in a secure and decentralized approach.

Some of the team members include: