Releap Protocol is a decentralized social graph built on Sui and zkSync. With the Releap Protocol, creators can own their relationships with their community, establishing a completely composable, decentralized social network.

🔷 Releap Highlights & Features

Successfully raised $2.1M from top-tier venture capital firms.

Backed by over 30 prominent VCs and angel investors including GBV Capital, Big Brain Holdings, Shima Capital, Sui Foundation, Arweave Foundation, Assembly Partners, DWeb3 Capital, Impossible Finance, MoveBit, Solar Eco Fund and more.

Releap App is the first social graph platform that is already live on Sui and ZkSync and gets direct support from the Sui Foundation.

Successfully built a robust community with 100,000+ users across all platforms.

Achieved an impressive milestone of onboarding over 10,000 users within just 3 months of launching the Releap App.

Forged strategic partnerships not only with major players in web3 but also with renowned web2 entities like Viscartoons (animation studio in Australia), zkDX, and Rollup Finance.

🔷 Releap Protocol Concept

Profile

Releap Protocol’s primary component is the Profile NFT, which grants control over your content. Profile NFTs are owned by individual addresses, and a single address can possess multiple Profile NFTs. What sets the Releap Profile NFT apart from other on-chain identities is its ability to publish content. It stores all of your posts, reposts, comments, and other generated content.

A Profile NFT contains a list of followers that Profile follows.

Governance whitelists addresses for Profile NFT minting to prevent domain squatting in the low-fee environment on Sui. If you’re creating an app on Releap that requires Profile minting, please contact us on Discord.

Content

Content is central to any creator platform and with the Releap Protocol, content can be made into NFTs as easy as posting it. Each piece of content associated with a profile can be its own NFT linked to the creator. These NFTs will be stored permanently on the Sui network.

These Content NFT will open more avenues for creators to monetize their work, reward users and much more.

Comment

Comments make posts special, it brings a unique social aspect to content sharing; with Releap Protocol these comments can function as unique NFTs associated with the post under which they are made.

Comments can also be customized or restricted to reward users or enhance experience. For example, only users who have been following a profile for more than 6 months can comment on a post.

🔷 Reap IDO Timeline

VIP Round: 8th Aug, 10:00 am UTC => 8th Aug, 10:00 pm UTC (12 hours)

Triple Limit Round: 8th Aug, 10:00 pm UTC => 8th Aug, 11:00 pm UTC (1 hour)

FCFS Round: 8th Aug, 11:00 pm UTC => 9th Aug, 11:00 pm UTC (12 hours)

🔷 Releap IDO Details

Token Name: Releap Token

Token Symbol (Ticker): REAP

Chain: Sui

Initial Supply: 37,800,000

Initial Market Cap (Excluding Liquidity) : $387,400

Total Supply: 800,000,000

Fully Diluted Value: $10,400,000

IDO Price: $0.013

Listing Price: $0.013

CEX/DEX: Bitmart, Mexc, Pancakeswap

Vesting Schedule: TGE 20.00%, 0m Cliff, 12m Linear Quarterly vesting

Listing Date: 10th Aug

Users have been bridging funds and manually moving capital for years, this has deterred many users from accessing new opportunities due to the complexity. Combining Autonomy with Omni unlocks a new class of applications for developers. They can build revolutionary applications such as:

Global Margin Accounts: Put your capital to work efficiently across the entire crypto space without the hassle of bridging complexities.

Global Yield Optimizers: Automatically capture the highest yield available across all crypto platforms.

Global Liquidation Prevention: Ensure your funds are safe from liquidation by automating protective measures no matter how many rollups your money is on.

A Closer Look at the AutoFarm - The First DApp launched on the Omni Network Testnet

One of the first showcases of this innovative technology is the AutoFarm app deployed on the Omni Testnet. It redefines yield farming by allowing users to automatically move capital to the highest-yielding pool across any chain. This is made possible through Autonomy’s functionality, which optimizes the users' APY (Annual Percentage Yield).