According to official news from PANews on December 31, the Superseed Foundation has raised nearly $4 million through its ongoing Supersale activity, which will last until January 8, 2025. This sale allocates 20% of the total token supply directly to users, with no-risk investment participation, and subscription amounts ranging from $250 to $100,000. The protocol introduces two new foundational DeFi components: Supercollateral for self-repaying loans, and Proof-of-Repayment as a programmatic reward mechanism.
As part of the Superchain ecosystem and built on the OP Stack, Superseed realizes Supercollateral as a fundamental element, allowing borrowers to benefit from interest-free, self-repaying loans. Users borrowing Superseed tokens can automatically repay their loans through all fees generated by the protocol (including CDP interest, sequencer revenue, and Proof-of-Repayment), creating the first systematic chain-level framework that enables loans to be automatically repaid over time. The second fundamental element, Proof-of-Repayment, operates through daily auctions of newly minted tokens. Users bid with the protocol's stablecoin, and winning bids directly reduce the debt of Supercollateral borrowers. By linking protocol growth with debt reduction, these two fundamental elements together create a new model where network activity automatically reduces user debt.
These innovations together establish a new foundation for the integration of applications and chain layers, allowing protocol growth to directly translate into user benefits in a capital-efficient manner. By automatically reducing debt through network activity and creating self-repaying loans, Superseed demonstrates how Layer 2 protocols can go beyond scaling to reshape fundamental DeFi mechanisms.