Superposition|The First DeFi Native Layer-3

Table of Contents

Project Details

SuperPosition is the first DeFi native Layer-3 built on Arbitrum One, developed by Fluidity. It leverages the Arbitrum Orbit technology stack and Stylus to provide the cheapest and fastest DeFi experience.

Longtail, the first Dapp on the Superposition Chain, is built using Arbitrum Stylus, which supports Rust-based smart contracts, making it 10 times cheaper than Solidity and 4 times cheaper than Uniswap V3. This makes Longtail the most affordable and rewarding concentrated liquidity model V3 AMM in the Arbitrum ecosystem.

Superposition is the first DeFi-compatible Layer-3 chain built on Arbitrum One. Transactions on Superposition are free, and traders are rewarded for using the platform. Liquidity providers (LPs) can better hedge against the risks of impermanent loss and rebalancing losses, enabling them to earn more revenue. It also introduces a mechanism called SuperAsset, where stablecoins like USDC are wrapped into super assets and lent out on protocols like Aave. Lossless yield is guaranteed on all transactions using SuperAssets.

In the ongoing testnet, you can earn points, and various rewards are planned for the future.

Funding Status

Fluidity, the company developing SuperPosition, has raised approximately $1.3M from prominent investors such as MulticoinCapital and SolanaVentures.

Airdrop Information Details

Detailed airdrop information has not yet been announced, but as an incentivized testnet, points and various rewards are planned to be added.

Participation in the incentivized testnet requires Arbitrum Sepolia ETH.

The testnet details page is here

Airdrop Guide

Summary of Steps

  1. Access the site
  2. Get SPN from the Faucet
  3. Bridge SPN from Arbitrum Sepolia to Superposition Testnet here
  4. Access Longtail
  5. Get the necessary tokens from the Faucet
  6. Stake on Longtail

Illustrated Instructions

  1. Access the site
  2. Get SPN from the Faucet
  3. Bridge SPN from Arbitrum Sepolia to Superposition Testnet here
  4. Access Longtail
  5. Get the necessary tokens from the Faucet
  6. Stake on Longtail

Disclaimer

  • This article is created for informational purposes only and should not be used to solicit the sale, purchase, or underwriting of cryptocurrencies, securities, or other financial products, nor should it be considered an invitation to engage in such transactions, or constitute financial or investment advice.
  • The information and opinions in this article are obtained from sources that we believe to be reliable, but we do not guarantee their accuracy, completeness, suitability, timeliness, or truthfulness.
  • We, the authors, and all related parties are not responsible for any damage or loss caused by or related to the information published in this article. Cryptocurrencies involve hacking and other risks, so please conduct thorough research before using them.