KaiaFun 🌱

1/ New updates coming to @weerofinance and @kaiafunio the following week. ♻️ Remember the meme szn that powered @KaiaChain from last year? We're bringing it back, this time with stablecoins and $LAIR coin pairs to make it more exciting! Here are all the details for KaiaFun V2:

🐿️♻️ Weero AVS Round 2 Wrapup AVS Round 2 on @KaiaChain concluded successfully with @weerofinance ranking #3 by total restaked volume, achieving 2.2M $rstKAIA through our $bWEERO vault partnership with @LairFinance. Congratulations to all AVS projects and stakers! This collaboration provided critical pre-TGE infrastructure—enabling early supporter rewards before token launch and building momentum ahead of our upcoming TGE. We’re preparing significant platform updates that will leverage insights gained from the AVS Round 2 experience, introducing new features designed to maximize the utility of restaked/native assets across partner protocols. Teaser soon, Go Weero!

Introducing Weero, the Next Liquidity Hub on Kaia ♻️ weero.finance As the @KaiaChain Ecosystem enters a new phase of growth with millions of potential users through messenger integration, we built Weero — a V2/V3 DEX with integrated aggregator. Read more:

[A Six-Month Retrospective on KaiaFun and Our Vision Forward] 📌 From a builder and protocol's perspective who loves to @BuildOnKaia 🛠️ 📌 Coming Soon: A new DEX "for Degens™" 1/ We launched KaiaFun in September, inspired by the success of @Pumpdotfun on Solana. It showed how a core app could elevate an entire L1 ecosystem. We wanted to watch the replication of this same protocol-to-chain growth transition on @KaiaChain, and since no one was building a speculative yet product-driven launchpad at that time, we decided to create it ourselves. 2/ We believe that DeFi's greatest strength is its function as money legos. Since every protocol is transparently deployed on-chain (and is open source, at least some of their ABIs, lmao), various protocols can connect with each other's products and grow together. 3/ The simple playbook would be forking successful products from other chains, but we sought more ways to align with other players in Kaia and leverage its growing DeFi environment and building blocks. 4/ What impressed us most about Kaia was its evolution from a private chain with traditional companies as GCs (Validators) to a more decentralized network with diverse stakeholders and protocol-centric companies. Validators launched their own LSD assets (Liquid Staking Derivatives) to give control and listen to delegator opinions, engaging communities transparently. Examples include @LairFinance's $stKAIA and @Swapscanner's $GCKAIA. Among EVM chains, we think Kaia shows the most impressive growth in this aspect. That's why our favorite KIP (Kaia Improvement Proposal) will always be CNStaking. 5/ Like other ecosystems we've observed such as Cosmos, our thesis was that Kaia would gradually see validators and LSD providers gain influence based on their delegated KAIA amounts, which they'll naturally want to increase. The Kaia Foundation and holders also would want native tokens to be staked. 6/ Memecoin launchpads typically operate with users speculating against the contract using virtual prices determined by its bonding curve. Once 80% of tokens on the curve are sold, the curve deploys the remaining 20% of tokens paired with the native tokens from buyers to CPAMM based DEX ("migration"). 7/ Instead of simply deploying liquidity with KAIA, we used LSD services to deposit KAIA with validators, issuing new LSD to pair with tokens. This benefits all parties in the cycle: LSD protocols (providers), validators, DEXs, and the Kaia Foundation. What LSD Providers and validators want most is to increase the issuance of LSD (i.e., the amount of delegated KAIA) / And what they want to avoid is direct undelegation from stKAIA. The solution is to create sufficient market liquidity for LSDs so users can sell them in the market. KaiaFun continuously increases LSD issuance on liquidity migration. Additionally, when killer memecoins emerge via KaiaFun and create additional pools paired with other coins like KAIA or stablecoins with enough liquidity, this will enable stKAIA-Memecoin-(...)-KAIA swap routes and increase stKAIA's market liquidity, helping users exit at better prices while preventing increases in KAIA circulation. 8/ For this experiment, we partnered with @LairFinance and used $stKAIA. Their strong community cohesion greatly helped viralize the product. Not just because of us, but thanks to their excellent product and continuous efforts like $rstKAIA (Liquid (Re)staking to power LINE MiniDapps and more), Lair's LSD now holds $5.4M liquidity—the second-largest in Kaia after KAIA itself. 9/ Wouldn't there be difficulties with price discovery with those pairs? Luckily, Kaia has @Swapscanner, a high-performance DEX aggregator and another valued partner of ours. Thanks to their high-performance navigator which connects KAIA-stKAIA-memecoin routes utilizing multiple pools in the entire ecosystem, there was no friction in the degen experience at all. And that was it. With Lair, DragonSwap, and Swapscanner, our first experimental DeFi flywheel was complete. We're grateful to them for creating and providing excellent money legos to our team and the ecosystem. 10/ Over three months, numerous memecoins had been launched and migrated, and we staked over 1 million KAIA with validators and locked it as DragonSwap LP (which is locked forever with accrued fees in KAIA). Six of the top 10 TVL pools in DragonSwap V2 were created through us. 11/ Six months after launch, perhaps as a natural result of initial hype, KaiaFun's activation frequency decreased except during interesting ecosystem events. It was of course still fun to watch and see the latest Kaia drama, but rather than waiting for the next Kaia memecoin season, we decided to build more infrastructure for Kaia DeFi. 12/ While building, we realized Kaia needs more infrastructure, legos, and preparation to onboard the masses. The most common feedback we received from the community was requests to build DEXes and other solid protocols that interconnect with other protocols, and most importantly, are "fun (like KaiaFun)" and trader-friendly — "for degens." 13/ So that's exactly what we're going to do next. We're creating a new DEX (for degens) and more protocols with it on Kaia, not only adding dashboard features to make trading existing memecoins and assets easier. This will prevent external protocol TVL leaks to exchanges during token migrations, while allowing WEERO (our upcoming token to be airdropped to KaiaFun users) to absorb value from protocol growth. Newly tokenized assets and LINE DApps on Kaia will be able to easily deploy & manage Uniswap V2/V3 based liquidity pools. (Users will be finally able to @PlayonKaia) 14/ "Memecoin liquidity that benefits all ecosystem participants" Once this growth is complete, users will be able to purchase memecoins at better prices using various assets as input tokens. We'll also share interfaces and SDKs with other services and integrate core pools from other DEXes for in-app route exploration, allowing us to grow together with other Kaia protocols. 15/ The DEX will be called Weero, offering the same experience and value capture opportunities as KaiaFun, not as a separate product but as one brand umbrella. Having a protocol-owned DEX, like other Ethereum products, will make it easier for users to fully absorb all value in our future protocol expansions/partnerships. 16/ We'll continue the experiments with creating "liquidity flywheels" on Kaia. By growing this liquidity-absorbing cycle, we want to drive Kaia's growth and help numerous assets flourish. Please look forward to March-April, when we'll restart KaiaFun's SuperFast™ innovation through our new exchange launch and points system (we'll try to make it fun, we feel your tiredness grinding). That's all for today, folks. Stay Funny! 🌱

[LIVE ON KAIA!] Play with KaiaFun 🌱 -- the new memecoin launchpad platform on @KaiaChain prioritizing fair launch & fun trading. Witness the historical moment where memecoins start powering onchain DeFi liquidity! ✨✨✨ kaiafun.io