Cover image for #66 | Key Players in Nibiru's Growing dApp Ecosystem

#66 | Key Players in Nibiru's Growing dApp Ecosystem

· 5 min read

Nibiru is rapidly expanding its roster of innovative dApps, driving a transformative shift across the entire ecosystem.

Nibiru is thrilled to bring a wide variety of ambitious dApps aimed at building the future of Web3 to the Nibiru ecosystem. Since Nibiru's public mainnet launch, dApps across the Web3 landscape — from DeFi to RWAs, NFT marketplaces, and beyond — have been deployed, with even more to come.

This article provides an overview of some of the currently integrated and upcoming projects from across the ecosystem that are capturing the attention of the Nibiru team and adding excitement to the journey ahead.

DeFi and Liquidity in the Nibiru Ecosystem

The destiny of DeFi holds the key to mass Web3 adoption, and one of Nibiru's key missions is to support its growth and ensure the next generation of groundbreaking dApps can reach their full potential. The rapidly growing ecosystem of DeFi and liquidity-focused projects on Nibiru is a testament to this mission.

Astrovault

Astrovault

Astrovault is a liquidity hub supporting the growth of tokenized protocols by providing a platform and necessary infrastructure to build liquidity sustainably.

While other automated market makers (AMM) have had to rely on speculation in the past to bring liquidity into the ecosystem, Astrovault's sustainable incentives and market-making cost decentralization protocols help ensure lasting liquidity and resilience regardless of the broader market environment.

Since Astrovault's founding in late 2022, it has amassed more than $8.6M in TVL with a market cap of $2.25M, and is the leading source of TVL on the Archway blockchain, an economically designed incentivized smart contract platform.

As an upcoming dApp of Nibiru, Astrovault will provide a variety of useful tools to Nibiru's ecosystem designed to connect liquidity providers with projects looking to take the next step in their journey:

  • Token swaps: Swap any IBC-compliant token to NIBI
  • xNIBI: A derivate offering of NIBI designed to facilitate staking and generate AXV rewards on Nibiru.
  • Incentives for Liquidity Providers for NIBI pools: Yield generation and fast conversion from staked derivative to native asset
  • Clean routing: Slippage-free pools and 1:1 trades
  • Outbid: Launchpad for projects that want to raise liquidity and fundraise unique functionalities

Euclid Protocol

Euclid

Euclid Protocol is an upcoming modular, accessible, and unified liquidity layer powered by Nibiru, that allows all EVM and non-EVM chains, dApps, and exchanges to tap into the same liquidity to offer completely decentralized efficient markets.

Unifying liquidity across the DeFi landscape has long been a key challenge to overcome. Fractured liquidity limits growth by separating potential providers from worthy projects and increasing the cost of provision across chains.

Euclid transcends these limits, working to create a truly unified liquidity market that Nibiru users can tap into. Fairer prices, lower slippage, and reduced trade friction are just some of the benefits to Nibiru users.

Nomos

Nomos

Nomos is a platform that offers advanced blockchain asset management tools, focusing on features such as Super Accounts and cross-chain interoperability. It aims to simplify complex account management, enhance security, and enable seamless asset management across multiple blockchains including Ethereum, Polygon, Solana, and Cosmos.

Simply put, Nomos cuts through the clutter of managing digital assets, allowing secure, customizable, and seamless management of any IBC-compliant assets. Users can connect any existing wallets and assets or create a new multisig wallet.

By utilizing Nomos's technology, Nibiru users can manage their digital assets, engage in staking, and participate in governance efficiently within a single, user-friendly account.

Kado

Kado

Kado streamlines fiat onboarding directly to Nibiru alongside self-custody, skipping the friction-filled process of onboarding via centralized exchanges.

Nibiru users across the globe can now buy NIBI, USDC, and many other cryptocurrencies and deposit it directly to their Nibiru wallet using popular fiat payment methods in more than 160 countries.

Bank transfers, Apple Pay, Visa, Mastercard, and wire transfers are all already supported by Kado, with more methods continuously being added.

Kado's direct onboarding process allows for faster growth for decentralized applications within the ecosystem. Instead of going through the friction-heavy process of onboarding capital to a centralized exchange, purchasing NIBI tokens, transferring them to a wallet, and then into a dApp, Nibiru users can now purchase and deploy NIBI directly within one application.

Nexus Network

Nexus

Nexus Network provides non-custodial solutions for generating yield on idle bridge assets.

As the popularity of bridges as a cross-chain solution grows, more and more of the total supply of digital assets becomes idle and unable to be deployed across other events. Nexus Network solves this problem by creating opportunities to generate yield on these assets.

Unlike Liquid Staking, Nexus is a completely non-custodial solution. ETH and stablecoin assets move from bridge contract to the Ethereum chain when staking is triggered, and back to the bridge contract when unstaking happens. This completely eliminates the need for a custodial middleman, adding security to the staking process.

Through Nexus, NUSD holders can generate up to 15% yield on otherwise idle assets. The platform's non-custodial protocol also supports Eigenlayer restaking with up to 5% yield alongside 3-4% ETH staking.

Nexus also offers superior flexibility, allowing users to choose exactly how much of their idle assets to stake.

Real World Assets in the Nibiru Ecosystem

Bridging the gap between the real and digital worlds remains a key challenge for Web3. Slowly but surely, blockchain technology is gaining a foothold in real-world verticals like real estate, traditional capital markets, and green energy, and several Nibiru dApps are at the leading edge of that push.

HiYield

HiYield

HiYield will bring access to traditional capital markets directly to Nibiru users. US treasuries, corporate debt, asset-backed securities, private credit, equities and custom baskets of assets will be available before the end of 2024.

This is a game-changing addition for users who are looking to diversify their portfolio with non-digital assets. Before HiYield, the friction involved with turning liquid digital assets into a capital markets investment was nearly impossible.

HiYield takes the headache out of diversifying into a brand new investment category by working directly with highly qualified custodial and broker-dealer partners like Raymond James and Wilmington. All users have to do is whitelist the wallet of their choice, select their preferred investment category, and let HiYield do the legwork.

Truflation

Truflation

Truflation is another project that helps bring order to the chaos of real-world assets for Web3-native users.

Truflation is a decentralized indexing network that enables access to real-time, accurate, and unbiased economic data that will empower users of Nibiru to make informed decisions based on reliable, verified, and immutable information. It monitors economic and financial data via a global permissionless network that tracks more than 18M items indexed across 10 blockchain networks.

Everything from centralized indexes like the S&P 500 and Nasdaq Composite, mutual funds, and global inflation data to an electric vehicle commodity index and beyond is tracked and tokenized in real-time by Truflation.

The platform also allows users to use AI to predict asset prices and develop trading strategies that take advantage of patterns they notice emerging in these real-world assets.

Coded Estate

Coded Estate

Coded Estate is one of two notable dApp in Nibiru's ecosystem designed to bring real estate on-chain. Coded Estate allows users to buy, sell, and trade real estate via NFTs for as little as $50.

Coded Estate has been a pioneer in on-chain real estate investment, with more than 50,000 mainnet users and more than 1.2M token claims, alongside the first fractional ownership pools.

This platform removes the barriers to real estate investment erected by traditional markets, bringing fractional ownership and frictionless trading to Web3-native investors.

Coded Estates also allows users to speculate on certain real estate markets through its perps protocol. Users will soon be able to bet on the real estate markets in individual cities around the globe, bringing a brand new way to invest in RWAs on-chain.

Playestates

Playestates

Real estate, meet digital assets.

Play Estates is the second notable dApp utilizing Nibiru to bring real estate on-chain, aiming to make real-world asset ownership easier and more affordable.

Users now have direct access to one of the largest RWA markets on the planet through Play Estates' NFT-based real estate. Investors can buy, sell, and trade tokenized property ownership with all the benefits of traditional real estate investment.

Play Estates has a current portfolio worth more than $12M with plenty more on the horizon, and has already paid out more than $100,000 worth of dividends to investors.

Anfani

Alfani

Anfani aims to tokenize renewable energy investments like solar and wind capacities by leveraging Nibiru. Through this initiative, Anfani seeks to democratize access to renewable energy investments by allowing fractional ownership of solar and wind farms.

Through Anfani, Nibiru users can contribute to the development of renewable energy infrastructure worldwide by providing liquidity to micro, small, and medium-sized renewable energy enterprises.

Anfani offers users distinctive opportunities to invest in emerging markets focused on the growth of renewable energy and the pursuit of a greener, more equitable future.

Nibiru's Native NFT Marketplace

Nibiru's commitment to the growth of Web3 isn't contained to DeFi and RWA tokenization. Across the globe, an entire generation of talented artists is waking up to the possibilities of Web3. The draw of a global audience, a diverse and inclusive marketplace, and the possibility of putting their stamp on a nascent and fast-growing technology is enticing new and ambitious artists to showcase themselves on NFT platforms.

OpenMark

Openmark

OpenMark is Nibiru's native NFT marketplace, an exclusive platform that enables the trading of both Cosmwasm and EVM standard NFT assets. This cross-chain flexibility allows NFT traders to conveniently transact their preferred NFTs across various blockchains directly through OpenMark.

OpenMark's extensive range of supported NFTs provides users with access to a vast variety of NFT art and offers artists the opportunity to launch their collections completely free of charge, without any coding knowledge required.

Users will also have the opportunity to earn rewards from limited edition NFTs and exclusive mints, further adding liquidity to a fast-growing artistic landscape.

Dropspace

Dropspace

Dropspace is a free self-service solution for creating digital collectibles of all types. It's a no-code NFT minting platform and toolkit designed to simplify the NFT creation process for artists, creators, brands and enthusiasts.

Powered by Nibiru, Dropspace offers an intuitive interface for minting NFTs, adding metadata, and integrating NFT sales into websites.

Dropspace makes it easier than ever before for creators to power their own digital creation experience from start to finish. Without any coding whatsoever, creators can embed Dropspace's widget directly into their website and sell directly from their own platform.

Creators can now mint their projects directly on Nibiru, joining thousands of other artists taking the next steps in their digital journey.

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