Originally published: Sep 13, 2024

Retaining capital and users has proven difficult for blockchains once economic incentives taper. In the current cycle, accessing TVL has become a complex and expensive affair for blockchain foundations. The cost of acquisition has increased significantly due to the intense competition for capital. Multiple blockchain ecosystems have encountered a dramatic fall in TVL and unique wallets as users migrate post their respective governance or gas token airdrop.

Demether helps blockchains to attract and retain capital by rewarding users for their ongoing loyalty to an ecosystem. We aim to be uniquely value additive to ecosystems by offering our service at zero cost to chains.

In simple terms, think of us as a “TVL-as-a-Service” protocol!

Demether aims to enhance this base yield on users’ assets while being a secure, easy to use and modular platform.

Our tokenomic model is designed to create a sustainable alignment between blockchain foundations and the community — by continually rewarding active governance. Demether will launch its synthetic reward-bearing $ETH-based token, $demETH, in Q4’2024. $demETH will be the first among the suite of synthetic tokens aiming to deliver regular rewards to holders.

Users will be able to mint our reward-bearing tokens by bridging $ETH to partner blockchains, helping to boost TVL while receiving regular rewards. Foundations can bid for this capital to be bridged to their blockchain by offering a better yield to users through our governance mechanisms.

The yield received from the emissions will be further enhanced by the wide range of DeFi integrations planned as part of an expansive product vision.

Safety of users’ funds is paramount and Demether is committed to ensuring the same. Our code has been audited by Resonance Security, the premier web3 security house. The team is also assessing having additional rounds of audits to ensure coverage by multiple perspectives and plugging as many gaps as possible.

📃 The audit reports:
https://demether.gitbook.io/demether/demeth-token/audit-report

Demether is also in talks with Immunefi team to set up a bug bounty program. The code shall be made open source. We look forward to rewarding our community and white hat hackers for bringing any gaps to light.

Demether already has a number of commitments from partner chains and aims to launch on Superposition and LightLink starting from Q4’2024.

Ahead of this, we plan to launch testnet campaigns on various networks to educate the community and receive valuable feedback as part of our ongoing commitment to refine and improve our technology and UX.

Our mission is supported by some of the biggest names in the industry with SkyVision Capital, Formless Capital, Gandel Capital, M Capital & 15+ other partners. Demether will be launching on Superposition, a DeFi-native L3 and LightLink chain soon.

“The Demether protocol has come a long way since we assembled our team of core contributors and began building just a few short months ago in April of this year. We have readied our smart contract framework and received a robust audit report from our Security Partner Resonance, preparing the way for a rapid path to launch in the latter part of the year. Our business development and partnerships have led to multiple commitments, expanding our ecosystem footprint and providing utility to our suite of tokens in the period post launch. Our marketing efforts have proven fruitful and initial campaigns to raise awareness have started to build momentum in social media and among key opinion leaders. We are excited, motivated and committed to bringing Demether to mainnet.”

— Kartik Swaminathan, Lead Contributor to Demether and CEO of Rolling Thunder Labs.

Demether recently announced that it has successfully completed an initial angel investment round. Led by marquee Web3 names, such as SkyVision Capital, Formless Capital, Gandel Invest and M Capital, the oversubscribed round saw participation from a total of 17 family offices and angel investors.

We look forward to welcoming you into the DeFam ahead of our first campaign launch in Q4’2024. Early joiners and supporters will be rewarded in our upcoming points system. Join our discord to get our latest updates!

Originally published: Sep 13, 2024

Retaining capital and users has proven difficult for blockchains once economic incentives taper. In the current cycle, accessing TVL has become a complex and expensive affair for blockchain foundations. The cost of acquisition has increased significantly due to the intense competition for capital. Multiple blockchain ecosystems have encountered a dramatic fall in TVL and unique wallets as users migrate post their respective governance or gas token airdrop.

Demether helps blockchains to attract and retain capital by rewarding users for their ongoing loyalty to an ecosystem. We aim to be uniquely value additive to ecosystems by offering our service at zero cost to chains.

In simple terms, think of us as a “TVL-as-a-Service” protocol!

Demether aims to enhance this base yield on users’ assets while being a secure, easy to use and modular platform.

Our tokenomic model is designed to create a sustainable alignment between blockchain foundations and the community — by continually rewarding active governance. Demether will launch its synthetic reward-bearing $ETH-based token, $demETH, in Q4’2024. $demETH will be the first among the suite of synthetic tokens aiming to deliver regular rewards to holders.

Users will be able to mint our reward-bearing tokens by bridging $ETH to partner blockchains, helping to boost TVL while receiving regular rewards. Foundations can bid for this capital to be bridged to their blockchain by offering a better yield to users through our governance mechanisms.

The yield received from the emissions will be further enhanced by the wide range of DeFi integrations planned as part of an expansive product vision.

Safety of users’ funds is paramount and Demether is committed to ensuring the same. Our code has been audited by Resonance Security, the premier web3 security house. The team is also assessing having additional rounds of audits to ensure coverage by multiple perspectives and plugging as many gaps as possible.

📃 The audit reports:
https://demether.gitbook.io/demether/demeth-token/audit-report

Demether is also in talks with Immunefi team to set up a bug bounty program. The code shall be made open source. We look forward to rewarding our community and white hat hackers for bringing any gaps to light.

Demether already has a number of commitments from partner chains and aims to launch on Superposition and LightLink starting from Q4’2024.

Ahead of this, we plan to launch testnet campaigns on various networks to educate the community and receive valuable feedback as part of our ongoing commitment to refine and improve our technology and UX.

Our mission is supported by some of the biggest names in the industry with SkyVision Capital, Formless Capital, Gandel Capital, M Capital & 15+ other partners. Demether will be launching on Superposition, a DeFi-native L3 and LightLink chain soon.

“The Demether protocol has come a long way since we assembled our team of core contributors and began building just a few short months ago in April of this year. We have readied our smart contract framework and received a robust audit report from our Security Partner Resonance, preparing the way for a rapid path to launch in the latter part of the year. Our business development and partnerships have led to multiple commitments, expanding our ecosystem footprint and providing utility to our suite of tokens in the period post launch. Our marketing efforts have proven fruitful and initial campaigns to raise awareness have started to build momentum in social media and among key opinion leaders. We are excited, motivated and committed to bringing Demether to mainnet.”

— Kartik Swaminathan, Lead Contributor to Demether and CEO of Rolling Thunder Labs.

Demether recently announced that it has successfully completed an initial angel investment round. Led by marquee Web3 names, such as SkyVision Capital, Formless Capital, Gandel Invest and M Capital, the oversubscribed round saw participation from a total of 17 family offices and angel investors.

We look forward to welcoming you into the DeFam ahead of our first campaign launch in Q4’2024. Early joiners and supporters will be rewarded in our upcoming points system. Join our discord to get our latest updates!