# \[Report\] De-Fi projects, Aurora \<\> Proximity Labs

**URL:** <https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582>\
**Category:** AuroraDAO\
**Tags:** auroradao, proposals, report\
**Created:** [November 11, 2022, 6:42pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582 "2022-11-11T18:42:38Z")\
**Posts on this page:** 10\
**Page:** 1

<div class="post-metadata">

**Author:** ![ell](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/ell/32/1788_2.png) [@ell](https://forum.aurora.dev/u/ell)\
**Post date:** [November 11, 2022, 6:42pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/1 "2022-11-11T18:42:38Z")

</div>

Hello everyone!

We are happy to share a list of projects which were approved for a grant [by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222)

> [@\[Approved\] Partnership with Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222):
>
> Proximity Labs is a research and advisory firm currently focused on the [NEAR Protocol](https://near.org/) ecosystem. Proximity has worked with and helped, well-known DeFi projects [Curve.Fi](http://curve.fi/), [Sushi](http://sushi.com/), [Dodo](https://dodoex.io/), [Kyber](https://kyber.network/), [Woo](https://woo.org/) and [NEAR Protocol](https://near.org/) native projects [Bastion](https://bastionprotocol.com/), [Aurigami](https://www.aurigami.finance/), [Ref Finance](http://app.ref.finance/), [Burrow](https://twitter.com/burrowcash), [Onomy](https://onomy.io/) and [Trisolaris](http://trisolaris.io/) (and more). Proximity works closely with many projects building on NEAR and AURORA, provides grants, and creates open-source software targeting the NEAR and AURORA blockchain. Proximity is composed of former ea…

| Project | Category | Total amount sent, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- |
| Trisolaris | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic | DeFi | 14,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic | DeFi | 163,935 | [Arctic](https://arctic.trade/home) | Deployed |
| | | | | |
| Total | | 1,356,220 | | |

> **[Trisolaris](https://www.trisolaris.io)**
>
> Trisolaris is the most popular decentralized exchange (DEX) on NEAR's Aurora engine. Swap, pool, and farm at less than a fraction of the cost of Ethereum or any Ethereum L2.

Trisolaris is the first AMM exchange on Aurora.

> **[Rift | Decentralized Market Making](https://rift.finance/)**
>
> Rift is a DeFi protocol providing financial services for Web3, starting with decentralized Market Making: we help crypto companies achieve their token liquidity goals while generating attractive, safer returns for liquidity providers/investors. We...

Decentralized Market Making. Rift helps crypto companies achieve their token liquidity goals while generating attractive, safer returns for liquidity providers.

[https://tonic.foundation/](https://tonic.foundation/)

Tonic brings the speed and convenience of centralized exchanges to NEAR while being fully decentralized.

> **[NearPay | Payment Infrastructure As a Service for Tap on Phone ( SoftPOS )](https://www.nearpay.io/)**
>
> Start taking in person NFC card payments in under 30 minutes using the NearPay SDK

Saudi technology company that enables our partners to reach the frontiers of FinTech and become competitive globally.

> **[Cora.](https://www.cora.money/)**
>
> Decentralized Lending Protocol

Decentralized lending without liquidations.

> **[Arctic](https://arctic.trade/)**
>
> iZiSwap on zkSync Era - Next-generation decentralized exchange with centralized liquidity built for the zkSync Era network.

Arctic is leading the next chapter of Aurora’s development as the core ecosystem-DEX, bringing DeFi innovation to Aurora in the forms of the veNFT and DLAMM (Discretized Liquidity AMM).

---

<div class="post-metadata">

**Author:** ![ell](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/ell/32/1788_2.png) [@ell](https://forum.aurora.dev/u/ell)\
**Post date:** [January 20, 2023, 2:54pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/2 "2023-01-20T14:54:47Z")

</div>

Hello everyone!

We are happy to share an updated list of projects which were approved for a grant [by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222) during 2022.

> [@\[Approved\] Partnership with Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222):
>
> Proximity Labs is a research and advisory firm currently focused on the [NEAR Protocol](https://near.org/) ecosystem. Proximity has worked with and helped, well-known DeFi projects [Curve.Fi](http://curve.fi/), [Sushi](http://sushi.com/), [Dodo](https://dodoex.io/), [Kyber](https://kyber.network/), [Woo](https://woo.org/) and [NEAR Protocol](https://near.org/) native projects [Bastion](https://bastionprotocol.com/), [Aurigami](https://www.aurigami.finance/), [Ref Finance](http://app.ref.finance/), [Burrow](https://twitter.com/burrowcash), [Onomy](https://onomy.io/) and [Trisolaris](http://trisolaris.io/) (and more). Proximity works closely with many projects building on NEAR and AURORA, provides grants, and creates open-source software targeting the NEAR and AURORA blockchain. Proximity is composed of former ea…

| Project | Project Type | Total amount sent, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- |
| Trisolaris | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic | DeFi | 74,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic | DeFi | 163,935 | [Arctic](https://arctic.trade/home) | Deployed |
| Orderly | DeFi | 100,000 | [https://orderly.network/](https://orderly.network/) | Deployed |
| Total | | 1,516,220 | | |

> **[Trisolaris](https://www.trisolaris.io/)**
>
> Trisolaris is the most popular decentralized exchange (DEX) on NEAR's Aurora engine. Swap, pool, and farm at less than a fraction of the cost of Ethereum or any Ethereum L2.

> **[Rift | Decentralized Market Making](https://rift.finance/)**
>
> Rift is a DeFi protocol providing financial services for Web3, starting with decentralized Market Making: we help crypto companies achieve their token liquidity goals while generating attractive, safer returns for liquidity providers/investors. We...

[https://tonic.foundation/](https://tonic.foundation/)

> **[NearPay | Payment Infrastructure As a Service for Tap on Phone ( SoftPOS )](https://www.nearpay.io/)**
>
> Start taking in person NFC card payments in under 30 minutes using the NearPay SDK

> **[Cora.](https://www.cora.money/)**
>
> Decentralized Lending Protocol

> **[Arctic](https://arctic.trade/)**
>
> iZiSwap on zkSync Era - Next-generation decentralized exchange with centralized liquidity built for the zkSync Era network.

> **[Orderly Network](https://orderly.network/)**
>
> Orderly Network is a decentralized orderbook protocol designed for DeFi developers and traders in Web3 to experience accelarated trading with low fees and deep liquidity.

---

<div class="post-metadata">

**Author:** ![jma\_dao](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/jma_dao/32/3191_2.png) [@jma\_dao](https://forum.aurora.dev/u/jma_dao)\
**Post date:** [January 29, 2023, 8:25am UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/3 "2023-01-29T08:25:50Z")

</div>

I noticed a few things here [Trisolaris](https://www.trisolaris.io/#)

When I initiated and open an interaction with TRI, my default browser insisted to interact with it’s own wallet. I didn’t have much choice than to proceed.

 ![Screenshot_20230129-010401_Brave](https://europe1.discourse-cdn.com/flex013/uploads/aurora/original/2X/5/5167f9bc6d48c6d691718ac01dbac7c2529f1371.jpeg)

After connecting the wallet I tried switching to Aurora network on brave, and that was not pleasant either because Aurora network and Trisolaris are not a verified creator on brave.

Actually, I was simply testing Trisolaris on-chain.

 ![Screenshot_20230129-005943_Brave](https://europe1.discourse-cdn.com/flex013/uploads/aurora/original/2X/8/8eb308ba5f36de8f5982a09772ec7496771ce9d4.jpeg)

 ![Screenshot_20230129-005919_Brave](https://europe1.discourse-cdn.com/flex013/uploads/aurora/original/2X/8/8eb4f13a14c8103af047945264220a34fd01ecbd.jpeg)

 ![Screenshot_20230129-005058_Brave](https://europe1.discourse-cdn.com/flex013/uploads/aurora/original/2X/6/6beff8240dcd255005f21f84cb2cb845c4dbf121.jpeg)

And Finally I tried to add some Liquidity, of which the best Pool on Brave would be 50% TRI and 50% BAT so I can automatically add all my incoming BAT to the Pool or something, but at this point I realized I didn’t have enough liquidity in my brave wallet.

 ![Screenshot_20230129-005007_Brave](https://europe1.discourse-cdn.com/flex013/uploads/aurora/original/2X/4/4b244dd4bf6ea7b847e7d340a0b0a8ad75dd923f.jpeg)

It would be great to see an Aurora Improvement Proposal (AIP) regarding TRI interaction with Brave and other potential web3 browser that has a default follow-come wallet.

Brave wallet is a systematic partner base of its browser and adoption rate, so a well considered interaction between Brave and Trisolaris will be profitable and increase TRI awareness and adoption within the broader web3 and Defi community.

---

<div class="post-metadata">

**Author:** ![israel\_igboze](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/israel_igboze/32/3186_2.png) [@israel\_igboze](https://forum.aurora.dev/u/israel_igboze)\
**Post date:** [February 3, 2023, 10:11pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/4 "2023-02-03T22:11:09Z")

</div>

You could try Mises browser to see. Aurora has partnered with Mises.

---

<div class="post-metadata">

**Author:** ![ell](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/ell/32/1788_2.png) [@ell](https://forum.aurora.dev/u/ell)\
**Post date:** [April 11, 2023, 3:26pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/5 "2023-04-11T15:26:06Z")

</div>

Hello everyone!

We are happy to share a list of projects which were approved for a [grant by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222) during 2022 and 1Q2023

| Project | Project Type | Total amount sent, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- |
| Trisolaris | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic | DeFi | 14,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic | DeFi | 163,935 | [arctic.trade](https://arctic.trade/home) | Deployed |
| Tonic | DeFi | 60,000 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| Orderly | DeFi | 100,000 | [https://orderly.network/](https://orderly.network/) | Deployed |
| Arctic | DeFi | 1,821,044 | [arctic.trade](https://arctic.trade/home) | Deployed |
| | | | | |
| Total | | 3,337,264 | | |

> **[Trisolaris](https://www.trisolaris.io/#/swap)**
>
> Trisolaris is the most popular decentralized exchange (DEX) on NEAR's Aurora engine. Swap, pool, and farm at less than a fraction of the cost of Ethereum or any Ethereum L2.

> **[Rift | Decentralized Market Making](https://rift.finance/)**
>
> Rift is a DeFi protocol providing financial services for Web3, starting with decentralized Market Making: we help crypto companies achieve their token liquidity goals while generating attractive, safer returns for liquidity providers/investors. We...

[https://tonic.foundation/](https://tonic.foundation/)

> **[NearPay | Payment Infrastructure As a Service for Tap on Phone ( SoftPOS )](https://www.nearpay.io/)**
>
> Start taking in person NFC card payments in under 30 minutes using the NearPay SDK

> **[Cora.](https://www.cora.money/)**
>
> Decentralized Lending Protocol

> **[arctic.trade](https://arctic.trade/home)**
>
> Arctic is leading the next chapter of Aurora’s development as the core ecosystem-DEX.

> **[Orderly Network](https://orderly.network/)**
>
> Orderly Network

---

<div class="post-metadata">

**Author:** ![ell](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/ell/32/1788_2.png) [@ell](https://forum.aurora.dev/u/ell)\
**Post date:** [July 24, 2023, 1:32am UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/6 "2023-07-24T01:32:18Z")

</div>

Hello everyone!

We are happy to share a list of projects which were approved for a [grant by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222) during 2022 and 1H2023

| Project | Project Type | Total amount sent/received, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- |
| Trisolaris | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic | DeFi | 14,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| Tonic (repayment of loan) | DeFi | (14,285) | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic | DeFi | 163,935 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Tonic | DeFi | 60,000 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| Orderly | DeFi | 100,000 | [https://orderly.network/](https://orderly.network/) | Deployed |
| Arctic | DeFi | 1,821,044 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Ref | DeFi | 185,701 | [https://www.ref.finance](https://www.ref.finance) | Deployed |
| Galxe | DeFi | 2,140,743 | [https://galxe.com](https://galxe.com) | Deployed |
| Metapool | DeFi | 128,858 | [https://www.metapool.app](https://www.metapool.app) | Deployed |
| | | | | |
| | | 5,778,281 | | |

---

<div class="post-metadata">

**Author:** ![Egor](https://avatars.discourse-cdn.com/v4/letter/e/6de8d8/32.png) [@Egor](https://forum.aurora.dev/u/Egor)\
**Post date:** [September 19, 2024, 12:02pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/7 "2024-09-19T12:02:32Z")

</div>

[Upd. to the post above]

Hello everyone!

We’d like to share an updated list of projects that were approved for a [grant by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222) during 2022 - September 19, 2024

| Project | Project Type | Total amount sent/received, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- |
| Trisolaris | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic (loan, repaid) | DeFi | 14,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic (loan, repaid) | DeFi | 163,935 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Tonic | DeFi | 60,000 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| Orderly (loan, repaid) | DeFi | 100,000 | [https://orderly.network/](https://orderly.network/) | Deployed |
| Arctic (loan, repaid) | DeFi | 321,044 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Arctic | DeFi | 1,500,000 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Ref | DeFi | 185,701 | [https://www.ref.finance](https://www.ref.finance) | Deployed |
| Galxe | DeFi | 2,140,743 | [https://galxe.com](https://galxe.com) | Deployed |
| Metapool | DeFi | 128,858 | [https://www.metapool.app](https://www.metapool.app) | Deployed |
| Ref (Stargate) | DeFi | 650,000 | [Aggregator Bridge | Rhea Finance](https://guide.ref.finance/products/overview/aggregator-bridge) | Not Deployed |
| | | | | |
| | **Total provided, $AURORA** | 6,442,566 | | |
| | **Total repaid, $AURORA** | (599,264) | | |
| | **Total, net amount, $AURORA** | 5,843,302 | | |

---

<div class="post-metadata">

**Author:** ![megdanov](https://avatars.discourse-cdn.com/v4/letter/m/35a633/32.png) [@megdanov](https://forum.aurora.dev/u/megdanov)\
**Post date:** [December 26, 2024, 8:00am UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/8 "2024-12-26T08:00:20Z")

</div>

Almost half of the grants recipients don’t even have working websites and they have been receiving grants for years. What’s going on here? How are they crucial or relevant at all to Aurora’s success?

---

<div class="post-metadata">

**Author:** ![jma\_dao](https://dub1.discourse-cdn.com/flex013/user_avatar/forum.aurora.dev/jma_dao/32/3191_2.png) [@jma\_dao](https://forum.aurora.dev/u/jma_dao)\
**Post date:** [March 10, 2025, 11:00am UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/9 "2025-03-10T11:00:16Z")

</div>

Hello, I remember working so hard trying to get proximity active with funding projects on Aurora, I remember building on Aurora, I also remember proposing projects that has be turned down over and over again, it seems very discriminatory.

I still have absolutely nothing to show for being part of Aurora and Near since 2021 😔😔

jmadao.near

I remember setting up meetings with @Kendall of proximity with Near and Aurora while I was an active contributor at Index cooperative.

It’s really not encouraging at all.

---

<div class="post-metadata">

**Author:** ![Egor](https://avatars.discourse-cdn.com/v4/letter/e/6de8d8/32.png) [@Egor](https://forum.aurora.dev/u/Egor)\
**Post date:** [May 8, 2025, 3:52pm UTC](https://forum.aurora.dev/t/report-de-fi-projects-aurora-proximity-labs/1582/10 "2025-05-08T15:52:51Z")

</div>

[Upd. to the post above]

Hello everyone!

Sharing an updated list of projects that were approved for a [grant by Proximity Labs](https://forum.aurora.dev/t/approved-partnership-with-proximity-labs/222) during 2022 - April 30, 2025

| Project | Period of Allocation | Project Type | Total amount sent/received, $AURORA | Link to project website | Status |
| --- | --- | --- | --- | --- | --- |
| Trisolaris | May 2022 | DeFi | 250,000 | [Trisolaris](https://www.trisolaris.io/#) | Deployed |
| Rift | June 2022 | DeFi | 900,000 | [https://rift.finance/](https://rift.finance/) | Deployed |
| Tonic (loan, repaid) | June 2022 | DeFi | 14,285 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| NearPay | August 2022 | DeFi | 3,000 | [https://www.nearpay.io/](https://www.nearpay.io/) | Deployed |
| Cora | September 2022 | DeFi | 25,000 | [https://www.cora.money/](https://www.cora.money/) | Deployed |
| Arctic (loan, repaid) | September 2022 | DeFi | 163,935 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Tonic | November-December 2022 | DeFi | 60,000 | [https://tonic.foundation/](https://tonic.foundation/) | Deployed |
| Orderly (loan, repaid) | November 2022 | DeFi | 100,000 | [https://orderly.network/](https://orderly.network/) | Deployed |
| Arctic (loan, repaid) | February 2023 | DeFi | 321,044 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Arctic | March 2023 | DeFi | 1,500,000 | [https://arctic.trade/home](https://arctic.trade/home) | Deployed |
| Ref | June 2023 | DeFi | 185,701 | [https://www.ref.finance](https://www.ref.finance) | Deployed |
| Galxe | June-July 2023 | DeFi | 2,140,743 | [https://galxe.com](https://galxe.com) | Deployed |
| Metapool | June 2023 | DeFi | 128,858 | [https://www.metapool.app](https://www.metapool.app) | Deployed |
| Ref (Stargate) | April 2024, February 2025 | DeFi | 2,104,486.29 | [Aggregator Bridge | Rhea Finance](https://guide.ref.finance/products/overview/aggregator-bridge) | Not Deployed |
| | | | | | |
| | **Total provided, $AURORA** | 7,897,052 | | | |
| | **Total repaid, $AURORA** | (599,264) | | | |
| | **Total, net amount, $AURORA** | 7,297,788 | | | |
