Foresight News reported that the Superseed Foundation has raised nearly $4 million through its ongoing Supersale, which will continue until January 8, 2025. The sale allocates 20% of the total token supply directly to users, with no venture capital participation and contribution limits ranging from $100,000 to $250.
Superseed is built on the OP Stack within the Superchain ecosystem, introducing two new DeFi base mechanisms: Supercollateral and Proof-of-Repayment. Supercollateral serves as the infrastructure for self-repaying loans, allowing borrowers to automatically repay interest-free loans through protocol fees (including CDP interest, sequencer revenue, etc.). Meanwhile, the Proof-of-Repayment mechanism operates through daily new token auctions, where users participate in bidding using the protocol's stablecoin, with the winning funds directly used to reduce the debt of Supercollateral borrowers. These two mechanisms link protocol growth to debt reduction, creating an innovative model of automatically reducing user debt through network activity.
