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By Helix Labs
Helix enables strategic token holders—foundations, validators, and large stakers—to access liquidity from their staked positions without unwinding governance participation or triggering sell pressure on native chains.
The challenge: L1 foundations and institutional stakers hold billions in staked assets but face liquidity constraints. Selling creates downward price pressure and forces governance exit.
Traditional unstaking means weeks of lockup periods and lost yield.
Helix's solution: Cross-chain collateralized lending that preserves staking positions.
Users deposit LSTs (stETH, stATOM, stSOL, stADA) and receive liquidity on Stellar without losing:
- Native staking yields (3-8% APY continue accruing)
- Governance rights on source chains
- Long-term token positions
This unlocks short-term or long-term financing via Stellar's institutional lending infrastructure
(Blend's 12-18% rates, RWA-backed liquidity pools) while maintaining TVL on origin chains.
For Stellar: Helix channels external L1 liquidity INTO the ecosystem via Axelar/Chainlink CCIP bridges, growing TVL across Blend, Aquarius, and RWA protocols—without requiring Stellar-native assets to leave.
Backed by validator operations across 7+ L1s, Canton Network integration for institutional compliance, and $2M in funding from Tribe Capital, EMURGO Ventures, and LD Capital.
$150.0K
Institutional Validation:
- Canton Network validator operator status (institutional blockchain settlement network)
- $2M pre-seed funding closed from Tribe Capital, EMURGO Ventures, Taureon Capital, LD Capital
- DFINITY Foundation developer grant recipient
Technical Infrastructure:
- Operational multi-chain staking vaults with cross-chain LST minting capabilities
- Production-ready governance and proof-of-reserve modules
Ecosystem Integration:
- 15+ strategic partnerships including Canton Network, Eigen Labs, Cardano Foundation, Polygon,
Digital Assets, Avail, Starknet, BitLayer
- Chainlink CCIP and Axelar bridge integration expertise (required for Stellar LST ingestion)
Market Validation:
- $230M liquidity coordination pipeline across institutional stakers and L1 foundations
- Identified validated need: foundations/validators require liquidity without unstaking or
governance exit
Team Experience:
- CTO: Published FinTech researcher (Journal of Risk Finance), Canton Network validator operator
- CEO: Former Monarch Wallet founder, Trust Wallet whitepaper author (Binance acquisition)
More infos at:
X: https://x.com/zkhelixlabs
Discord: https://discord.gg/ErFrVph7
Email: investor-relations@helixlabs.org
M1: SOROBAN CORE INFRASTRUCTURE (Month 1-2)
Tranche #1: 20% - $30K
Deliverables:
Collateral Vault Contracts - Soroban smart contracts for LST deposit, lock, and debt token issuance
Completion metric: Deployed to Stellar testnet, contract addresses public, basic deposit/withdraw functions operational
Budget: $18K (Soroban contract development, testing framework)
Oracle Integration - Chainlink price feed integration for LST valuation (stETH, stATOM, stSOL pricing)
Completion metric: Live price feeds on testnet, automated liquidation threshold calculations
Budget: $7K (Oracle infrastructure, data feed subscriptions)
Bridge Architecture Design - Technical specification for Axelar/Chainlink CCIP integration for cross-chain LST deposits
Completion metric: Published technical documentation, testnet bridge contracts deployed
Budget: $5K (Bridge integration research, documentation)
Total Milestone 1: $30K
M2: CROSS-CHAIN INTEGRATION & TESTNET (Month 2-3)
Tranche #2: 30% - $45K
Deliverables:
Bridge Live Integration - Functional Axelar bridge connecting Ethereum testnet (stETH deposits) to Stellar testnet
Completion metric: Successful cross-chain LST transfer, verifiable on both chain explorers
Budget: $20K (Bridge development, cross-chain testing, gas fee reserves)
Liquidation Engine - Automated liquidation bot monitoring collateral ratios and executing liquidations
Completion metric: Testnet demonstration of liquidation event, public bot repository
Budget: $12K (Bot infrastructure, monitoring systems)
Frontend Dashboard - User interface for depositing LSTs, viewing positions, managing collateral ratios
Completion metric: Live testnet UI at app.helixlabs.org/stellar, wallet connection functional
Budget: $13K (React/Next.js development, Freighter wallet integration)
Total Milestone 2: $45K
M3: MAINNET LAUNCH & LIQUIDITY INTEGRATION (Month 3-4)
Tranche #3: 40% - $60K + audit credits
Deliverables:
Mainnet Deployment - All contracts deployed to Stellar mainnet with full cross-chain functionality
Completion metric: Mainnet contract addresses public, first real LST deposits processed
Budget: $25K (Mainnet deployment, liquidity bootstrapping, operational reserves)
Blend Protocol Integration - Integration with Stellar's leading lending protocol for institutional liquidity access
Completion metric: Helix LST collateral accepted in Blend markets, first borrows executed
Budget: $15K (Blend integration development, liquidity coordination)
Professional User Testing - Institutional user cohort testing (foundations/validators) with feedback incorporation
Completion metric: 5+ institutional testers, documented feedback, UX improvements implemented
Budget: $10K (User testing coordination, incentives, feedback analysis)
Documentation & Developer Resources - Complete technical docs, integration guides, API documentation
Completion metric: Published at docs.helixlabs.org with Stellar-specific guides
Budget: $10K (Technical writing, video tutorials, developer support)
Total Milestone 3: $60K (+ audit credits provided by SCF)
Sneh Bhatt Co-Founder & CEO Linkedin: https://www.linkedin.com/in/snehbhatt/ Early blockchain consultant (2016–17) with nuclear & systems engineering background. Authored Trust Wallet whitepaper (later acquired by Binance). Founded Monarch Wallet, authored its patent, and exited via equity sale after angel funding.
Zandanbal Arslankhuyag Co-Founder & CTO Linkedin: https://www.linkedin.com/in/zandanbal-arslankhuyag-611480169/ US-educated Mongolian FinTech entrepreneur, early inter-chain pioneer, and founder of GHorde, a non-profit mentoring Web3 & AI talent. Published researcher on Islamic Banking and FinTech adoption in financial systems.
Chingun Amarbaatar Engineering Lead co-founder of GHorde (self-governed community mentoring Web3 & AI talent) Linkedin: https://www.linkedin.com/in/achingun/ Github: https://github.com/0xCadeZ
Munkhsuld Bayaraa Fullstack Engineer co-founder of GHorde (self-governed community mentoring Web3 & AI talent) Github: https://github.com/tksulde
Dulguun Battulga Backend Engineer Github: https://github.com/dgduksict
Bayart-Ireedui Baigalmaa Backend Engineer Github: https://github.com/ccireedui
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