{"signature": "0x0c0d5dc74b1922f7f0f5e149c795069e285a9cfb7eb7835459637d3a509c33de6a5f0afa43446dd5f4fefe1e52e8762e86619554b9824f03334f2a7f071234931b", "application": {"round": "0xa58818eaa39b77ac2b69950551d4f9335c63329f", "answers": [{"type": "short-answer", "answer": "@juyi_juyi", "hidden": true, "question": "Telegram Handle for Contact", "questionId": 0}, {"type": "short-answer", "answer": "https://discord.com/invite/yaka-finance", "hidden": false, "question": "Public group chat link", "questionId": 1}, {"type": "paragraph", "answer": "YAKA Finance’s Key User Metrics:\n\nSince its July 2024 launch, user activity is best reflected in TVL and VOL:\n\nTrading Volume (VOL):\n  - All-time volume: $45M.\n  - Peaked in August 2024 ($6.48M) and December 2024 ($7.91M).\n  - Recent volumes: January 2025 ($3.19M) and February 2025 ($3.54M), showing steady engagement.\n\nTotal Value Locked (TVL):\n  - Launched at $2.84M, peaked at $7.07M in December 2024.\n  - Declined to $3.18M in January 2025 and $2.52M in February 2025 due to market conditions.\n\nTrends:\n- Strong initial adoption, followed by volatility tied to SEI market performance.\n- Recent stabilization with consistent VOL but lower TVL suggests cautious user activity.\n\nsource: https://defillama.com/protocol/yaka-finance", "hidden": true, "question": "What have your project's key user metrics been since launch (DAU, WAU, MAU)? Please provide verifiable data showing growth trends.", "questionId": 2}, {"type": "paragraph", "answer": "Trading Volume (VOL):\n  - All-time volume: $45M.\n  - Peaked in August 2024 ($6.48M) and December 2024 ($7.91M).\n  - Recent volumes: January 2025 ($3.19M) and February 2025 ($3.54M), showing steady engagement.\n\nTransaction Count: \n  - On average, approximately 10,000 transactions occur on Yaka Finance every 24 hours.\n\nToken Holders:\n  - The number of Yaka token holders has reached 20,400.\n\nsource: \nhttps://defillama.com/protocol/yaka-finance\nhttps://dexscreener.com/seiv2/yaka-finance\nhttps://seitrace.com/token/0x51121BCAE92E302f19D06C193C95E1f7b81a444b?chain=pacific-1", "hidden": true, "question": "Share your project's total transaction volume and unique wallet interactions since the launch of Sei V2.", "questionId": 3}, {"type": "paragraph", "answer": "At least 15,000 new users (addresses), including 1,780 active users.\n\nMethod:\n  - Yaka Finance introduced ve(3,3) to the SEI DeFi ecosystem. We have strategic partnerships with top ve(3,3) projects. After launching on SEI EVM, Yaka conducted an airdrop to active users of ve(3,3) DEXs such as Velodrome, Aerodrome, Lynex, Retro, and Thena, reaching over 15,000 addresses.\n\nMetrics:\n  - Yaka token holders: 20,400\n  - veYAKA token holders: 1,780", "hidden": true, "question": "How many new users have your project brought to the Sei ecosystem? Describe your user acquisition methods and provide metrics.", "questionId": 4}, {"type": "paragraph", "answer": "Yaka Finance, as a ve(3,3) DEX, serves as the premier liquidity hub within the ecosystem. Our collaboration with other projects in the SEI ecosystem is primarily reflected in our liquidity distribution functionality.\n\nAny legitimate eco-project can be whitelisted for Yaka gauges, enabling its token LPs to receive Yaka emissions and making its pools eligible for voting. This partnership helps project teams gain higher liquidity in the secondary market while also providing additional incentives for veYAKA holders, boosting voters' APR—creating a win-win scenario.\n\nFor instance, take Yaka Finance’s collaboration with the memecoin project MILLI:\n\n- On Yaka Finance, the MILLI/SEI pool consistently maintains an LP APR of around 150%, effectively attracting liquidity providers and helping the MILLI project secure $68K in secondary market liquidity.\n- To sustain the APR appeal for LPs, the MILLI team provides bribe incentives every epoch on Yaka to encourage voters to allocate votes to the MILLI/SEI pool. This pool consistently achieves a vote APR of over 20%.", "hidden": true, "question": "Detail any integrations or partnerships with other Sei ecosystem projects and their measurable impact.", "questionId": 5}, {"type": "paragraph", "answer": "Yaka Finance differentiates itself on the SEI network and enhances user experience in the following ways:\n\nUnique Features\n1. Innovative DEX Model: Yaka Finance utilizes the ve(3,3) DEX model, where trading fees are distributed to voters ($veYAKA holders) rather than liquidity providers (LPs). LPs are incentivized through governance token emissions, setting it apart from traditional DEXs.\n2. Dual Functionality: It serves as both a DEX and a launchpad, providing users with a comprehensive platform for trading and participating in new projects.\n3. Robust Governance System: The $veYAKA token empowers holders to participate in governance, influencing emissions distribution, token whitelisting, and IDO project selection.\n\nEnhanced User Experience\n1. Centralized Liquidity Hub: As SEI's native liquidity engine, Yaka Finance consolidates DeFi activities, making it easier for users to engage.\n2. Incentivization Programs: Users are rewarded through $YAKA and $veYAKA tokens, encouraging liquidity provision and governance participation.\n3. Governance Participation: Users can influence platform decisions, fostering a stronger sense of community ownership.\n4. Earning Opportunities: $veYAKA holders earn from trading fees, bribes, and token emissions, offering diverse passive income streams.\n5. Early Project Access: The launchpad grants $veYAKA holders early allocations to IDOs, providing opportunities to invest in promising projects.", "hidden": true, "question": "What differentiates your project from similar solutions in the ecosystem? How does it enhance the user experience on Sei?", "questionId": 6}, {"type": "paragraph", "answer": "Based on the current state of the SEI ecosystem, Yaka Finance believes that encouraging the emergence of innovative projects and attracting active user participation are the most critical priorities. Here are the key initiatives we are implementing to drive significant impact:\n\n---\n\n1. Lowering Barriers for New Projects - Liquidity Support and Gauge Whitelisting\nObjective: Reduce the entry barriers for new projects by providing seed liquidity and infrastructure support.\nAction: Allocate at least 20% of Grants to fund eco-projects, helping them launch and secure initial liquidity.\n- Eligible projects will be added to the Yaka Gauge Whitelist, receiving emissions to incentivize liquidity.\n- Yaka will establish and maintain SEI trading pairs as seed liquidity for these projects.\n- Provide continuous incentives over 12 epochs to attract votes and sustain liquidity.\nImpact: This initiative directly addresses the liquidity challenges faced by new projects, fostering innovation and growth within the SEI ecosystem.\n\n2. Driving User Participation in Liquidity Governance\nObjective: Incentivize users to actively participate in Yaka’s liquidity distribution governance.\nAction: Allocate at least 60% of Grants to reward ecosystem participants:\n- Distribute rewards over 16 epochs through:\n  • Targeted bribe markets for veYAKA voters.\n  • APR-optimized reward structures aligned with voting power concentration.\n  • Epoch-based liquidity direction protocols to ensure dynamic and efficient liquidity allocation.\nImpact: This strategy ensures sustained engagement, aligns user incentives, and enhances the overall efficiency of liquidity distribution on SEI.\n\n---\n\nWhy These Matter:\n- New Project Support: By lowering barriers and providing liquidity infrastructure, Yaka enables innovative projects to thrive, enriching the SEI ecosystem with diversity and utility.\n- User Engagement: Rewarding users for governance participation fosters a vibrant, active community while ensuring optimal liquidity allocation.\n\nMetrics and Results:\n- New Projects Supported: Target to onboard 10+ projects within the first 12 months.\n- Voter Participation: Aim to engage 5,000+ veYAKA voters in governance decisions.\n- Liquidity Growth: Achieve $5M+ in liquidity for supported eco-projects.\n\n---\n\nVoters Should Consider This:\nYaka’s initiatives are designed to accelerate SEI’s ecosystem growth by addressing two core challenges: liquidity accessibility for new projects and user engagement in governance. By supporting Yaka, voters are directly contributing to a more innovative, inclusive, and sustainable SEI ecosystem.\n\nLet’s build the future of SEI together!", "hidden": true, "question": "Highlight 1-3 key initiatives your team believes have had the most significant impact on the Sei ecosystem and that you’d like voters to consider. Include relevant metrics, links, or supporting data to provide an informed view of how your efforts have contributed to the ecosystem’s growth. ", "questionId": 7}, {"type": "checkbox", "answer": ["Yes"], "hidden": true, "question": "Please confirm that you have read and agree to comply with the ethical standards outlined in the eligibility criteria.", "questionId": 8}, {"type": "paragraph", "hidden": true, "question": "Is there anything else you'd like to share about your project that may help determine eligibility?", "questionId": 9}], "project": {"id": "0xa644a9c2e9c0098a4ccb4d33d23f341573a9d7ad8e5875791281b7c4f6f527f5", "title": "Yaka Finance", "logoImg": "bafkreifzwbqeol6r3qfl7biq7l4cg5s27dqcd3lgk7ptll2mpu4yuklp6q", "metaPtr": {"pointer": "bafkreiac7cmzbzfteinfqepu2lcu2ejglqny5bcnu6cclaaiuzsmk7tj4y", "protocol": "undefined"}, "website": "https://yaka.finance", "bannerImg": "bafkreidp7uuxptj4jjkuk2hd52yfik7pmo7uh6qkltm2cubbyjcwlhfnsa", "createdAt": 1740543775168, "userGithub": "Yaka-devel", "credentials": {"twitter": {"type": ["VerifiableCredential"], "proof": {"jws": "eyJhbGciOiJFZERTQSIsImNyaXQiOlsiYjY0Il0sImI2NCI6ZmFsc2V9..q5WoB7ds2ZCInCqYxOdTqd-aIrOB68_qjAE_8Qr_nQ6g7AWtM7Gtapb_s0Azc5C4WtwfYtbWy3Qgtokjh5gTBA", "type": "Ed25519Signature2018", "created": "2025-02-26T04:07:38.697Z", "proofPurpose": "assertionMethod", "verificationMethod": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC#z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC"}, "issuer": "did:key:z6MkghvGHLobLEdj1bgRLhS4LPGJAvbMA1tn2zcRyqmYU5LC", "@context": ["https://www.w3.org/2018/credentials/v1"], "issuanceDate": "2025-02-26T04:07:38.697Z", "expirationDate": "2025-05-27T04:07:38.697Z", "credentialSubject": {"id": "did:pkh:eip155:1:0xf15a5F675BA3da5D872c619cbb6566a3D0c61051", "hash": "v0.0.0:RqhPJh7AQ6WFXidZANOI+PD5aGvg2Zicuqq5vxEi2pM=", "@context": [{"hash": "https://schema.org/Text", "provider": "https://schema.org/Text"}], "provider": "ClearTextTwitter#YakaFinance"}}}, "description": "Yaka Finance is the native liquidity engine of the Sei Network, designed as a ve(3,3)-styled DEX and launchpad. \n", "lastUpdated": 0, "projectGithub": "Yaka-Labs", "projectTwitter": "YakaFinance"}, "recipient": "0xEbC813b22b26C9250F7755Dd4DaF37d9eB47F652"}}