SoneFi – dApp Staking Application

Governance dApp Staking Applications
1

1. Introduction

We’re thrilled to present SoneFi as a candidate for the Astar dApp Staking program. SoneFi is one of the earliest DeFi platforms natively built for the Soneium ecosystem, and we’re proud to already be contributing to the adoption and utility of the ASTR.

SoneFi is committed to advancing the utility, adoption, and ecosystem value of the ASTR through a robust suite of financial products.

2. Project Overview & Mission

SoneFi is a decentralized exchange (DEX) and comprehensive trading platform designed for the Soneium blockchain. Our mission is to make powerful DeFi tools accessible and efficient for everyday users and professional traders alike, while embedding core economic alignment with Astar’s infrastructure.

SoneFi offers a unified interface for:

  • DEX Aggregation

  • Perpetual futures trading

  • Token launches

  • Staking and passive liquidity provision

We aim to provide a high-performance DeFi stack that prioritizes execution quality, user experience, and ASTR utility.

3. ASTR Integration & Ecosystem Contribution

SoneFi incorporates ASTR not only as a supported asset, but as a foundational element of our protocol design. The following summarizes how SoneFi directly enhances the ASTR use-case:

3.1 Collateral in Perpetual Trading

  • ASTR can be used as collateral to trade over 50 cryptocurrencies (BTC, ETH, BNB, SOL, SUI, …) up to 50x leverage and 12+ real-world assets (RWAs) such as U.S. equities (e.g., AAPL, TSLA), with leverage up to 20x.

  • APLP: A dedicated, single-sided ASTR liquidity pool that powers these leveraged positions and provides yield opportunities to ASTR holders.

3.2 DEX Aggregation & Liquidity Depth

  • ASTR is fully integrated into the SoneFi aggregator, enabling users to swap ASTR across 5+ DEXs at optimal prices.

  • This ensures efficient routing of trades involving ASTR and enhances liquidity depth in the Soneium ecosystem.

3.3 Token Launch & Onboarding

  • New tokens can be launched directly on SoneFi using ASTR as base liquidity, strengthening ASTR’s role in ecosystem expansion and initial market making.

3.4 Staking and Yield

  • ASTR can be staked into single-sided liquidity pools (APLP) to earn trading fees rewards, with no impermanent loss or lock-ins.

  • This enables both new and long-term ASTR holders to passively participate in DeFi without exposure to volatility through paired assets.

4. Team & Execution Track Record

The SoneFi team consists of contributors with extensive experience in decentralized finance, infrastructure security, and blockchain product design. With backgrounds in Layer 2 scaling, protocol architecture, and automated market systems, the team is focused on transparent, secure, and community-aligned development.

5. Security & Infrastructure

  • Oracle Integration: SoneFi uses real-time price feeds from the Pyth Network to support all perpetual markets.
  • Backup Mechanisms: On-chain fallback trackers ensure data resilience and pricing accuracy.
  • Security Reviews: Formal audits by Fuzzland and Secure3, with continuous monitoring to ensure SoneFi safety and uptime.
  • Perp Liquidity Safe Mechanism: Role-Based Access Control (RBAC), Leverage Settings & Risk Controls, Total Position Size Limits.

6. Milestones

  • $100M+ in cumulative trading volume
  • Support for 50+ crypto assets and 12+ RWA markets
  • Integration with 5+ major DEXes on Soneium
  • Deployment of single-sided ASTR pools supporting perpetual trading

SoneFi has quickly become a critical liquidity and trading layer within the Soneium ecosystem and is uniquely positioned to scale alongside future ASTR and Superchain innovations.

7. dApp Staking Reward Allocation

If granted a dApp Staking slot, SoneFi will use rewards to strengthen ASTR utility and liquidity, with a focus on the following areas:

  • Expanding the APLP (ASTR Perpetual Liquidity Pool)
  • Supporting technical upgrades that improve collateral efficiency for ASTR with support wide range of RWAs
  • Ensuring sustainable integration of ASTR across trading, staking, and onboarding flows

All funds will be used to further embed ASTR into the core of the SoneFi protocol and to increase its long-term demand and adoption across DeFi use cases.

Closing

We thank the Astar community for considering this proposal. With your support, we look forward to further advancing ASTR’s role within SoneFi and Soneium ecosystem.

The SoneFi Team

7 Likes
2

SoneFi is without a doubt an excellent project. They’ve been part of the Soneium ecosystem since the very beginning and have consistently provided outstanding support for the ASTR token within their platform.

Their application is very well received and fully supported on my end. :+1:

4 Likes
3

SoneFi is a project I’ve always appreciated within the Soneium ecosystem. :rocket:
From the very beginning, they’ve shown great dedication, keeping ASTR at the core of their dApp and building features around it that truly benefit the community. (I remember the ASTR as bonding curve token in the MEME LAUNCHPAD for example)

They’ve consistently provided strong support, and for this reason, their application has my full backing! :fire:

As I always ask every dApp applying for dApp staking: do you have any rewarding mechanism in mind for the users (stakers) who will choose your dApp through dApp staking ? (for example fee discounts or Special NFTs with perks or ASTR rewards, etc))

1 Like
4

Hello, I welcome your proposal!

SoneFi is an active project on Soneium and a great project that is growing its TVL.

image
image1012×607 74.2 KB

One question I have is that it says you can use ASTR for Perp and liquidity provision, but I couldn’t find it on my browser. Is this a problem with my environment?

image
image469×359 9.48 KB

1 Like
5

Good proposal — SoneFi’s deep ASTR integration and new support for on-chain stock trading (incl. APLP and no-KYC equities) mark a meaningful step for ecosystem utility.

1 Like
6

Wow, that’s great! SoneFi has always been one of the projects that drives the ecosystem well. If the team has time, may I ask a few more questions?

  1. In terms of marketing, campaigns, or any activities - how does the team plan to promote things?

  2. In terms of targets - what numerical goals does the team set?"

1 Like
7

I’ve been following SoneFi since its early days and it’s been exciting to witness the team’s steady growth.

On one occasion, I encouraged the team to apply for the dApp Staking program after Astar announced its expansion to support the DOT, ETH, and Soneium ecosystems. I’m genuinely pleased to see that they’ve moved forward with this initiative.

It’s especially exciting to see the team committed to creating real use cases for the ASTR token within Soneium. Since DeFi is fundamentally about liquidity and financial incentives, it makes perfect sense to direct staking rewards toward incentivizing liquidity pools.

I fully support this proposal and look forward to seeing SoneFi deepen its role as a DeFi cornerstone of the Soneium ecosystem.

Sure! Here’s the English version of the questions, clearly structured for discussion or feedback on the proposal:

  1. What criteria will be used to determine which tokens can launch using ASTR as base liquidity?

  2. Could this model increase selling pressure on ASTR? Are there strategies in place to mitigate that?

  3. Will the newly launched tokens be required to build use cases for ASTR or integrate with the Soneium ecosystem?

1 Like
8

I’ve followed SoneFi since its inception and truly appreciate your approach, placing the ASTR token at the heart of your platform from the very beginning. I believe your project contributes substantially to the growth and adoption of ASTR, including:

-The innovative use of ASTR as collateral for cryptocurrency and RWA trading
-The creation of APLP (ASTR Perpetual Liquidity Pool)
-Support for the launch of new tokens using ASTR as core liquidity, strengthening ASTR’s central role in the entire Soneium ecosystem.

Your roadmap and the results already achieved (over $100 million in cumulative volume and integration with multiple platforms) confirm the strength of your vision and the team’s capabilities.

I personally support your candidacy for dApp Staking and I am sure that, with the support of the Astar community, SoneFi will be able to continue to grow, further consolidating ASTR’s position :raising_hands:t2::glowing_star:

1 Like
9

Thank you so much for the kind words and support :folded_hands:

We’re excited about what’s ahead and fully committed to growing meaningful ASTR utility through SoneFi. Looking forward to working closely with the community and core team in the next steps

1 Like
10

Hey @you425 really appreciate your warm welcome and kind words :folded_hands:

Thanks for highlighting SoneFi’s TVL growth as well

Regarding your question:
Yes, ASTR can definitely be used for both perpetual trading and liquidity provision, but it’s currently available under the Stockx category.

To access it:

  1. Head to the Perpetual Trading section.

  2. Switch to the xStocks tab.

  3. You’ll see available collateral option and can open positions using ASTR for crypto and RWA assets.

    SoneFi_ASTR
    SoneFi_ASTR1357×599 395 KB

2 Likes
11

Thank you, @Matt really appreciate your support and thoughtful feedback🙏

12

Hey @BoomBLB thank you so much for the kind words :raising_hands:

Happy to answer your questions:

1. Marketing, Campaigns & Promotion Strategy

  • Community AMAs and product walkthroughs (in partnership with Astar and Soneium)

  • Perp trading competitions with ASTR-based rewards and SoneFi points coming soon

  • Educational content (shorts, tutorials, infographics)

2. Numerical Goals (Q3–Q4 2025)

  • TVL target: $5M+ in ASTR-related pool (APLP)

  • Trading volume: $250M cumulative volume by Q4

  • Active wallets: 50,000+ connected wallets across aggregator + perps

  • ASTR-collateralized RWAs: 20+ live assets plus JP Stocks (coming soon)

Thanks again for the great questions

1 Like
13

I see, I understand.

Thank you very much!