Suzaku
The Avalanche ecosystem has emerged as a powerful platform for protocols seeking to build their own Layer-1 blockchains (called L1s). It’s a great option for those looking for sovereignty, performance, flexibility and compatibility.
At the heart of this ecosystem lies Suzaku, an exciting (re)staking protocol that helps these Layer-1s bootstrap their security, essentially eliminating the cold start problem. These L1s can opt into tailor made security models and easy liquid staking solutions, greatly reducing their costs and development difficulty at the crucial beginning stage.
Suzaku has an exciting pipeline of L1s that they will help to secure and decentralise. This means that as opposed to other similar platforms that we have seen on other chains (eg. EigenLayer), users will be able to use different assets including Avalanche bridged Bitcoin!
Key points
- Avalanche is the network for creating new layer-1 blockchains and the momentum is clearly growing, with big names like FIFA, Off The Grid and MapleStory Universe entering the ecosystem.
- Bootstrapping chain security and decentralisation is an extremely difficult and expensive process for any new layer-1 protocol. Doing it alone is risky, expensive and the set-up might still end up compromised.
- Suzaku has a strong reputation and is perfectly positioned at the heart of the Avalanche ecosystem. They are aiming to help these layer-1s securely and cost-effectively scale and decentralize at their own pace with tailored security models.
- Investors in this deal will have their full allocation unlocked at the TGE. The TGE is expected to happen shortly after the Alpha Early Deal sale. Full terms will be published shortly.
- Complete a few very simple steps and become eligible for the Gold vault with better terms!
Other useful links:
Team
Funding
Partners and Advisors
Timeline
Q4 2024
Restaking dApp launch
Q1 2025
Avalanche 9000 Testnet
Q2 2025
Auditing and Testnet Phase 2
Q3-Q4 2025
Mainnet Launch & New Integrations
Later On
Adding New Collateral
About Suzaku
Suzaku was founded by the Ash team, which is known for its deep expertise in Avalanche. Before Suzaku, the co-founders Léo and Gauthier worked for a year on building open-source tooling and infrastructure for Avalanche L1s. The team is well known to SwissBorg as we already collaborated before on offering Earn strategies on Suzaku protocol.
Why Suzaku?
Suzaku could become the de facto security layer for dozens or hundreds of Avalanche L1s, capturing a portion of each network’s value (through fees or token rewards). Apart from this, there are at least 3 major pillars that poise Suzaku for success:
- Strong backing and ecosystem integration. Suzaku is backed by the Avalanche Foundation and leading DeFi projects such as BENQI and Yield Yak and infrastructure giants such as Chorus One. Suzaku team is perfectly positioned, right at the heart of the ecosystem.
- Tapping into Avalanche’s Growth. Avalanche is actively driving the L1 adoption with initiatives like Retro9000, a $40m grant program aimed primarily at developers building, among other things, innovative L1s. Big names are opting for Avalanche, including FIFA, Gunzilla Games (Off The Grid) and others.
- Multi-asset support and diversified collateral. Suzaku’s model isn’t limited to a single asset; it supports AVAX, BTC.b, stablecoins, and potentially ETH/LSTs.
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