Smoothly
Smoothly enables home stakers to pool rewards, providing network support with reward smoothing. Seeking funds for protocol development, potentially removing the need for an oracle network, thus making it trustless.User Review
R1
Reviewed on 18 Apr 2024 05:38 AM
User-Centric Design and Functionality: Projects should prioritize the development of applications that offer exceptional user experience, accessibility, and practical utility in the Web3 space. The goal is to make tech easy and beneficial for everyday users, bridging the gap between complex innovations and their practical application.
Innovation in Application Use Cases: Projects should explore and implement new and novel use cases for applications within the Web3 sphere. We're interested in projects that push the boundaries of what's possible, showcasing the versatility and expansive potential of Web3 technologies to address a wide range of needs and opportunities.
AI Review
A1
Reviewed on 15 Apr 2024 06:02 PM
User-Centric Design and Functionality: Projects should prioritize the development of applications that offer exceptional user experience, accessibility, and practical utility in the Web3 space. The goal is to make tech easy and beneficial for everyday users, bridging the gap between complex innovations and their practical application.
Smoothly aims to enhance the Web3 staking experience for individual validators by providing an accessible system for pooling tips and MEV rewards. The project prioritizes user experience by offering smoother reward distributions, which simplifies the reward variability challenge faced by home stakers. This makes Smoothly's tech both user-centric and beneficial, aligning with the criteria.
Innovation in Application Use Cases: Projects should explore and implement new and novel use cases for applications within the Web3 sphere. We're interested in projects that push the boundaries of what's possible, showcasing the versatility and expansive potential of Web3 technologies to address a wide range of needs and opportunities.
Smoothly introduces an innovative approach to reward distribution for Ethereum validators, aiming to level the playing field between solo validators and large staking pools. The application of this new model within the Web3 ecosystem showcases the potential for decentralized networks to adapt traditional financial concepts, such as reward smoothing, to enhance financial inclusion and provide benefits typically reserved for centralized services.