Superseed
Announcements
Superseed is a network that transforms Ethereum scaling into self-repaying loans.
We believe in Ethereum’s ability to enable financial freedom. Superseed extends this by maximizing capital efficiency, returning 100% of protocol revenue to our users.
With Superseed, you access yield at zero percent interest, with loans repaid effortlessly through protocol-generated fees, including sequencer profits, CDP interest, and inflationary rewards.
Superseed is an optimistic rollup, featuring a collection of components designed to enhance the onchain experience by automatically repaying loans. Key components include:
- A general-purpose Ethereum Layer 2 built on the OP stack. Superseed is open-source, permissionless, and Ethereum-equivalent, enabling builders to seamlessly create using familiar tooling and infrastructure.
- A native CDP (Collateralized Debt Position) platform enshrined in the rollup protocol.
- Proof-of-Repayment: A unique programmatic reward mechanism, where a small percentage of the native token’s total supply is distributed daily through an auction. The auction proceeds are used to repay the loans of Supercollateral users
- Dynamic Repayment Vault: Channels protocol fees into a smart contract that systematically burns debt, stabilizing the repayment rate for Supercollateral users.
- Supercollateral: Superseed’s governance token plays a special role within the CDP protocol, allowing borrowers who meet safety requirements (e.g., a collateralization ratio of 500%) to secure loans without interest. All fees generated across the network are used to burn the debt of Supercollateral users.
- The Superseed Stablecoin: An overcollateralized stablecoin is generated when users borrow against their assets on the native CDP platform. To ensure stability, the protocol mandates that the value of the collateral must exceed 150% of the stablecoin’s value.
About Chainlink
Chainlink is the industry-standard oracle platform bringing the capital markets onchain and powering the majority of decentralized finance (DeFi). The Chainlink stack provides the essential data, interoperability, compliance, and privacy standards needed to power advanced blockchain use cases for institutional tokenized assets, lending, payments, stablecoins, and more. Since inventing decentralized oracle networks, Chainlink has enabled tens of trillions in transaction value and now secures the vast majority of DeFi.
Many of the world's largest financial services institutions have also adopted Chainlink's standards and infrastructure, including Swift, Euroclear, Mastercard, Fidelity International, UBS, ANZ, and top protocols such as Aave, GMX, Lido, and many others. Chainlink leverages a novel fee model where offchain and onchain revenue from enterprise adoption is converted to LINK tokens and stored in a strategic Chainlink Reserve.
Learn more about Chainlink by visiting chain.link or reading the developer documentation at docs.chain.link
The Chainlink Labs Channel Partner strategy is intended to outline a joint approach between Chainlink Labs and select accelerators, launchpads, incubators, devshops, and software tools to promote the user adoption and growth of the web3 ecosystem. Chainlink Labs and the channel partners will collaborate to accelerate and nurture the web3 ecosystem in key areas including gameFi, NFTs, developers, and startups.
Chainlink Labs is the leading provider of secure and reliable open-source blockchain oracle solutions, enhancing smart contracts by connecting them to a wide range of off-chain data sources and computations, such as asset prices, web APIs, IoT devices, payment systems, and more. We are dedicated to the development and integration of Chainlink as the standard decentralized oracle framework used by smart contracts across any blockchain.
