In this issue of our newsletter, we delve into why rLaunchpad Season 3 has chosen Movement as our new rToken/LSaaS. This strategic decision opens doors to the broader MOVE ecosystem and leverages the rising interest in SUI, one of the most bullish assets in the current market. Let’s break down the rationale and opportunities behind this choice.

Why Movement?

Movement is a community-first blockchain providing the highest possible TPS through Move, instant finality, native day-zero access to mass liquidity, and modular customizations. It will support Aptos Move, Sui Move, and also our embedded EVM interpreter MEVM — empowering both Sui, Aptos, and EVM users to use the L2.

By integrating with Movement, StaFi LSaaS taps into:

• The MOVE Ecosystem: Movement serves as a gateway into the broader MOVE ecosystem, which includes other Layer 1 chains utilizing the MOVE language.

• SUI Hype: SUI’s impressive price rally has brought significant attention to the MOVE ecosystem. By aligning with Movement, StaFi LSaaS capitalizes on SUI’s growing popularity, positioning itself to benefit from the increasing demand for MOVE-based assets.

LSaaS and rMOVE: Accelerating Movement Staking

StaFi’s Liquid Staking as a Service (LSaaS) framework aims to accelerate Movement’s staking ecosystem through two primary initiatives:

LSaaS Integration with Movement’s LSD Stack

Movement LST developers can quickly deploy a Liquid Staking Token (LST) using StaFi’s LSaaS framework with minimal development and configuration. This integration streamlines the process for developers, ensuring a faster go-to-market timeline.

rMOVE: A Rebaseable Staking Token

Users can deposit MOVE tokens on the StaFi Protocol without any capacity limitations. The deposited MOVE is staked by StaFi’s staking contract, which autonomously selects optimal sequencers to maximize staking yields. Users receive an equivalent amount of rMOVE tokens, a rebaseable rToken that:

• Represents staked MOVE assets.

• Can be freely traded or used in liquidity pools (LP) to earn additional yield.

• Provides opportunities to stake LP tokens with reputable DEX partners in the Movement ecosystem.

Development Progress

While the implementation plan for Movement integration is largely finalized, development progress has faced delays due to two primary hurdles:

• Lack of a Movement staking testnet.

• Requirement for validators to be whitelisted.

To overcome these barriers, We has submitted a proposal to the Movement forum. The proposal outlines a strategy to integrate LSaaS within the Movement ecosystem, highlighting mutual benefits and providing a roadmap for collaboration.

Bullish on LSaaS in the MOVE Ecosystem

The MOVE ecosystem presents a unique opportunity for rLaunchpad and LSaaS. With the growing attention towards MOVE-based Layer 1s and the recent price surge of SUI, now is the perfect time to establish a foothold.

By embracing Movement, rLaunchpad Season 3 positions itself at the forefront of this emerging ecosystem, ensuring that LSaaS remains relevant and competitive in the rapidly evolving blockchain landscape.

About StaFi

StaFi is a leading Liquid Staking infrastructure provider and protocol for PoS chains. Its Liquid Staking as a Service (LSaaS) framework enables developers to create Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs) across ecosystems like ETH, EVM, BTC, CosmWasm, and SOL. By issuing rTokens (e.g., rETH, rMATIC, rBNB), StaFi unlocks the liquidity of staked assets, allowing users to earn staking rewards while retaining the flexibility to engage in DeFi. With support for major blockchains such as Ethereum, Solana, Polygon, BNB Chain, and Cosmos, StaFi bridges liquidity and security in Proof-of-Stake networks.

Read more about StaFi 2.0.

About LSaaS

LSaaS is a paradigm shift offering developers a robust framework to build their own Liquid Staking Tokens (LSTs) and Liquid Re-staking Tokens (LRTs). Compared to Rollup as a Service(RaaS), RaaS projects, like Altlayer, Dymension and Conduit, are primarily concerned with improving blockchain scalability and efficiency through layer 2 solutions.

For a deeper comparison and analysis, you can check out the full article: Read here.