Lil Monki is a collection of 1,212 unique, 3D-rendered NFT characters that represent the genesis project within the broader "Lil Universe" ecosystem on the Hedera network.
As the foundational characters of the Lil Universe, Lil Monkis serve as a key to accessing features and interacting with other future collections within the expanding ecosystem and community.
A central element of the Lil Monki project is the "Monki Lab," a feature that allows holders to evolve their NFTs. By combining a Lil Monki with other specific assets from the ecosystem, users can create new, often rarer characters, introducing a strategic and deflationary dynamic to the collection. This process, along with other platform activities, is powered by the native ecosystem token, $LILU. Holders can typically stake their Lil Monki NFTs to passively earn $LILU, which is then used to pay for evolutions and other transactions within the Lil Universe.
Built entirely on Hedera, the project leverages the network's speed and low transaction fees to enable an affordable and efficient user experience for staking, trading, and utilizing the NFT evolution mechanics.
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Stader Labs is a multi-chain liquid staking platform that provides a secure and efficient way to earn staking rewards while maintaining asset liquidity. It was launched in 2021 and has since extended its services across several major blockchain networks, including Hedera where it offers a liquid staking solution centered around the HBARX token.
When users stake HBAR tokens through Stader's platform, they receive HBARX, a liquid token representing their staked HBAR. This mechanism allows HBAR holders to continue participating in the DeFi ecosystem with HBARX, engaging with protocols including SaucerSwap and HeliSwap for additional yield opportunities, while still accruing staking rewards. The HBARX token is designed to increase in value relative to HBAR as staking rewards accumulate in the pool, with an auto-compounding feature managed at the smart contract level.
Stader Labs emphasizes security, subjecting its smart contracts to multiple third-party audits from firms such as Halborn, Peckshield, and Sigma Prime. The platform's architecture on Hedera aims to contribute to network decentralization by distributing staked HBAR across various nodes.
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DeraGods is a unique digital collectibles game centered around a collection of 303 distinct non-fungible tokens (NFTs) dubbed "gods" which are minted on the Hedera Hashgraph network. It features an immersive and engaging world-building experience within a bespoke metaverse for its community of holders. Acquiring a DeraGods NFT grants access to the in-game decentralized Web3 environment where participants can contribute to building and securing virtual assets.
A distinctive feature of the DeraGods ecosystem is its "faith scale tax system," which rewards NFT holders based on their level of engagement and commitment to the project. Users can earn faith by following the project’s “commandments” which include directives to engage with and share social media content related to the project, recruiting new members, spreading positive commentary about the Hedera ecosystem, and using Hedera-based tokens and blockchain services to conduct cryptocurrency transactions.
A percentage of all DeraGods NFT sales will go toward purchasing and building virtual assets such as virtual real estate, DApps, liquidity pools, and games.