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Building Beyond Staking: August Highlights & Whatβs Next
Recorded: Sept. 12, 2025 Duration: 0:44:40Space Recording
Short Summary
Starfight's recent AMA unveiled significant updates including the launch of flexible staking, a focus on RWAs, and strategic shifts towards sub-DAOs, reflecting a robust growth strategy in the evolving crypto landscape.
Full Transcription
Thank you. Thank you. . Hello. Hello everyone. I think that we will start for one or two.
Is that okay?
Okay.
Hello, can you hear me clearly?
Yeah, I can hear you clearly. Thank you. . Thank you. Okay, so in that we can start now.
Okay, hello Starfight community.
Welcome to today's Starfight XBAY AMA.
I'm Alice from Gen Z Vietnam Lake Cripple
and joining me is Mr. Stephen Nguyen,
Community and Business Development Lead at Starfight.
Today's AMA is focused on the August Community Update
and we recapped the key milestones from last month
including RWA tokenization,
vault upgrades and governance proposals,
and shares what's ahead for September. We also prepared 500 fees in rewards for participants,
so stay with us till the end.
Thank you, Alex. Hi everyone. It's always great to connect with the Startupby community today.
You know, today is the day that we will have a recap.
And August is a big month for us and we advance RWA organizations and streamlined focused through Sinset proposal for
our tech and our sales and large new world features like chaos, flexible stacking, CIGASO,
SMM support and of course we kept pushing face progress on hyperliquid fixed techniques.
So on the community side, we saw more transparency with financial reports, data boost engagement
with the primary agency campaign. And of course, we also explained the collaboration with this AMA
and offline business. So there's many to cover today.
Okay, Steven, let's start with one of the hottest topics today, RWAs. What's the target approach here?
Okay, so you know that RWAs are the same for reward access. It's one of the big changes right now.
So as of for now, it's mid 2025.
It's over 8 billion US dollars.
Reward access from US treasury such as gold.
The real estate has been tokenized across Ethereum, Polygon, and Solana.
And it's not just crypto natives, it's mainly banks have launched and piloted RWA products.
So there's more than a hive with a stroke role shift.
And for assets owners and users, the documentation allowsours, 7-days global assets, higher liquidity for illiquid assets, functional ownership, and transparent auditable settlement.
And for infrastructure, smart contracts, automated costs, borderless rail is a pain maker, and may find composability enables new financial use- games in multiple real-time proof of ownership.
So why start by? Because LSD and other ways share the same DNA.
Both fix capital inefficiencies, generate yield and thrive when composable they be.
So there are many things. First is fixing capital inefficiencies. So LST will free up
stack assets like ETH or DAW. So WA will do the same for Go, Stock or Fire. Those assets
are hard to move or functionalize. Secondly, it's use generation generation so LSD can earn staking deals in their fee participant
and NEB restaking deals.
So RWA token can minor that collateral or lending and backing yield bearings they acquire.
So the third thing is composability and innovation so L becomes a programmable data-free building block.
RWA will follow the same path of modular insurance, block-end by data-use, and institutional management layer.
So as we tell in our stack-tenator 2021, our LASAS modular stack is already sealed for RWA insurance.
With minor adjustments, we can add,
first is custom modulus for legal verification,
access management and privacy.
So permission wrappers for regular institutions
and their fee ready integration
once tokenization is complete so tokenized stock
for example we can imagine in the future it's just you can imagine okay we have this in
our token right and the off-chain uh our regulated custodians hold hold shares and on-chain Staphyler said we will receive our token representing ownership just like our details or our dot.
So this can trade whenever you want and can be used in lending markets or plug into a bond, no broker or bank account is required. So that's why you say that Starfight isn't just about stacking anymore.
We will be resuming results by treating other ways like stack assets. So the SaaS can be infrastructure
protocolization the work value and turn stable yield into programmable liquidity.
and turn stable yield into programmable liquidity.
Okay, Starfight also proposed sunsetting automatic and RSA. Why the shift?
Okay, this is a really good question.
So, our token like RMAIC and RSA have served their purpose well.
But Starfight is now moving into a new phase. As our ecosystem evolves,
we are seeking focus towards what drives the most innovations and adoptions, the SaaS and
sub-DAO. So that's why we put forward proposals to graduate Sunset Armatic and RSA in the open-air.
using Sunset, Armatic, and iSafe in the open app.
So while still keeping the EVM modules in silo-sas for future integration, this isn't
about perfect.
It's about aligning a resource to build more advanced modules and scalable solutions that
can support RWA, new sub-down, and next-gen second use case. And that's why we put forward proposal
to face our legacy of the concept of automatic
and assess why we still retaining their aligned
with a module inside the Lasas network.
And this will ensure the technology can be reduced
in the future of sub-dow or new partners want to integrate them.
So there is no signal proposal, meaning we are actively collecting community feedback before moving forward.
If approved, both sunset group follows staff-files and depreciation procedures so front end closure, back end
great periods and final closure will target in October 31st
this year and once the great period end, back end service will also be shut down
so the main risk is you know that the user
forget and they will delay staking and miss it.
So that's why early communication and basically like today, we already published this proposal
and we continue to update all the channels to ensure users have enough time to act.
So for statistically, this move to about reducing operational overhead and improving efficiency and focusing our developers and DAO resources on the SAS expansion, sub-DAO adoption and RWA interpolation.
So, why this might feel like an end of error for some of all the token drive. So this is really about preparing Starfighter
for the next era of scalable growth.
OK, let's move to Vault and product upgrades.
What changed in August?
OK, August is a very productive month
for product and vault innovations.
Here's the highlight.
First is scale-Off flexible staking.
We successfully deploy and test flexible staking on testnet.
So unlike traditional liquid staking, this model allows users to unstake and receive
both principal and reward almost instantly without long waiting period.
We desire for users who want liquidity and convenience,
we are preparing the mainnet launch.
Not preparing, we launched it.
And you can check on chaos staking page right now.
You can see that we just unstake it within a minute.
So, and as many supportoney support it as well.
They are taking VALS on many expandable, expand it to support S-Money,
giving user a broader set of options
to maximize liquidity and re-reaching the LASAS network.
And this shows how modular VALS are becoming
adapting quickly to support new assets and at Sigasone
launch we will introduce the Sigasone a new development leveraging the source step this
represents another step in expanding staff finance sas which to diverse ecosystem and prove
ecosystem and prove and proving how our infrastructure can be adapted to different environments.
And for RWA page launch on 14th of August, we run out the dedicated RWA page to showcase the
breadth of our growing reward in the stack. So this page also brings the transparency and clarity to how Starfire approaches are always organized and aligning the roadmap left out in the second year 2021.
So lastly is Fist on Hyperliquid Tecnics. On August 7th, we shared progress on Fist with HIP1 governing role like hyperliquid testness so this is an important
state to position new fees for deeper liquidity and composability in the broader daily market
so together this development highlights our progress in three strategic direction so first
three strategic directions.
So first, we will making staking more friendly users with flexibility and liquidity options.
So we will expanding adoption across ecosystem with new bond and change integration.
We will also strengthening SAP FIRO as a cross-asset, modular as a provider, and regional and decentralized decentralized
maintenance. So when we look at KF flexible staking, S-Money support and Cgasso are the
way I page KF's progress on how to be good. They are just isolated state. They are all connected state.
We're building staff as a universal,
liquid-taking and other way infrastructure layer.
So what about the community side?
Treasury, engagement and partnerships, Stephen?
So, August is also strong on the community and downside.
Here's a few key highlights.
For August's financial support, published on the 1st of August,
we did a full experience into StarfightDAO generally.
So January's student, $35 million, students 35 million pips. Development costs are more than 250,000 pips. Operant costs are 40k pips and importantly nearly 400,000 p piece was burned the level of report is not just about the number he said the
foundation of future sub-dive budgeting and accountability ensuring that that is financially
sustainable so for community engagement on the fourth of our last month we announced the winner
yeah he's the pioneer and uh initiated the reward active community member boost the pioneer and initiated reward to give community members boost engagement and
transform the sense of contribution within the staff high ecosystem so on ecosystem collaboration
on august 8th we host an airway with a course opening cross community discussion
course, opening cross-community discussion on the SaaS narrative. And just a day earlier on August 7,
we had the offline visit with the digital network and strengthening ecosystem time beyond online
engagement. These steps help us to expand our influence and connect to staff find more deeply of the player in the webtree industry.
And we also have the burn report and token
of the discussion.
So in Peril, we also published updates
around the fish burn and open brought
the token of discussion with the community.
So these conversations are essential
to keeping fundamental strong and ensuring our token model involving in line with adoptions.
So when you put it together, financial transparent, commuting campaign,
and cost ecosystem environment and token of the discussion,
August pretty saw the balance of transparency collaboration that we find StartFight DAO culture.
of transparency collaboration that defines Starfight Down culture.
Okay, looking ahead, what's on Starfight roadmap for September?
Okay, so in September, we are diving on two priorities that will set tone for the next phase of growth. So first is the sub-down and other-way adoption. August was about laying the groundwork, launching the other-way page,
and opening proposal. So September will focus on turning those concepts into practical adoptions. co-adoption does mean pushing forward new sub-down initiatives and so in real use case
of other way between integrated people like SaaS. So the goal is to prove that Starfire
modular architecture isn't just about theory. It's a framework that institutional partners
and sub-down can use to free-entokenize assets, equity, and even non-standard assets like EV
transchargers on chains.
So for fixed economic and ecosystem growth, so on the token side, we will recap where
supply and inflation mechanic current stand highlight how much has already been burned
and open up discussion on further inflation
adjustment to strengthen risk fundamentals.
At the same time, we also keep advancing steps for potential hyperdicrous listing with
HF1 governance already running on PaceNet.
And on Settable, we will about preparing the next day.
So to sum up, two things is delivering adoption so how sub-down and other ways can run on massage
and strengthening fundamentals, refining tokenomics and building momentum for hyperdicase.
So it's about adoption and fundamental working hard in the end.
So it's about adoption and fundamental working hard in the hands.
So now we move to a question from the community.
Question from a user named David on StarfightX.
Many projects look good on the white paper and roadmap,
but they face many difficulties while trying to implement the mission of the project and end of failing.
So how did your team overcome each obstacle in the development of the Start5 protocol project?
Steven?
Yeah, hello David. I see that you appeared today.
So this is the question from you. I hope that you can hear that.
So this is a very important questions.
Okay, sorry, sorry. A little things are over there. So, this is a very important question. You are right, many projects we put on the paper must have been told when it comes to executions. from InstaFi, we definitely face our share of challenges.
But here is how we approach them.
So first is technical complexity.
We oh, oh, oh.
Wait, wait, wait, wait for me a minute sorry
so first this is David About technical complexity is that we
supporting autocons across multiple chains
were difficult instead of letting that track us down.
And we involved into the SAS.
And we go into the SaaS.
So this is the modular scalability and framework that we use overhead and open the door for
sub-down and RWA.
This shift turns our challenge into new growth engines.
So secondly is a market circle.
Like everyone in crypto, We went through tough market
conditions. Instead of over promising, we focus on sustainable development, which is
publishing transparent financial support, reducing inflation, and consistently burning fish.
So this will build long-term trust with the community. So for adoption hurdles, early on adoption is slower than we hoped.
So to fix this, we learn into partnership and collaboration by chaos on Sonic and GMO
on OG and ongoing work with Hyperliquid and U2U by building partners, adoption is now
happening in practice, not just theory. And we overcome obstacles and
more simple, we stay adaptable, stay transparent and keep buildings. Challenges will always
exist. But each one has pushed StartFive to refine our strategy and go stronger. So that's
why today StartFive isn't just another staking protocol
with trading infrastructure that risks staking other ways and what the ecosystem
Okay, the second question, former username Professor on Start5x. Many utility projects initially
start off as a main project. So Start5 protocol, I'm curious if that's the same with.
Do you plan or consider rebranding to a utility project in the future?
If yes, when should we be expecting this rebranding?
And what utility should we be expecting?
Okay, so this is a fun question.
But to clarify stuff, I never started a new project.
From day on, our mission is to build modular staking infrastructure,
what we now call the SaaS liquid staking as a service.
That empowers anyone to learn liquid staking more
and even step into real-world access organizations. Over time,
we're involved from simple offering R token into building LSAs, which is two infrastructure
layer. And LSAs already power sub-down like Kyrgyz on Sony, Gimo on OG, and it's now expanding
into RWA, things like gold equities and even non-standard assets being brought in on chains.
So rather than expanding, what you will see
is start by continuously upgrading its utilities.
So first is most of our launching
across different ecosystems.
Secondly, flexible stacking bonds
that make the two stacking more friendly users.
Integration of RWA into the SaaS regions, J5 and DEP.
So, and progress like this burn,
economic upgrade and hyperliquid listing
to strengthen Fisk as the backbone of this ecosystem.
So in short, Sapphireai has always been an utility, not high.
The real brain of Stafai is its ability to adapt,
innovate and deliver. That's what exactly we are doing.
Alright, now let's move to the live question
from our community in today's AMA. We covered the updates
and outlook. Now it's your turn to engage
directly. Drop your question in the comments and we'll pick a field to answer live. Stephen, ready to dive in?
Okay, okay. I think I will pick up some names here.
We got some name here.
Okay.
Let me see.
Please raise your hand or something that I can see
that you are interact.
Yeah, yeah.
Please raise your hand or anything, please.
And please request to speak as well.
Okay, Pandula, I will approve you, okay?
Okay, Pandula, I think that you can speak now.
Can you unmute?
Hello, Penjia, can you unmute and speak?
Hello? I'm still on mute.
Okay, I think that I will invite another.
Let me choose...
Let me see.
Okay, Emily.
Okay, Emily. Emily invite you speak
Emily
oh I already approve you
pendulum you are on the sticker list but but you are cannot see hello sir can you hear me now
yeah i can hear you very clearly now okay sir thank you my question is what does community
feedback play in the development of your project my question sir thank you
it my question sir thank you so you just need to communicate within the project right
yeah okay uh so so this is also the great questions. So at first, we are now a community on waste,
being the very important part of staff-file and we believe that is a lot easier.
So we also did a very strong economy and to really grow the ecosystem. So we have many activities right now.
Firstly, we have a Zealit Pioneer campaign.
So you can see that every month we also do that and we give the incentive for the most important and aggressive user us and they spread our name raise the quiz and in every night to make our community users know more about us, know more what we are doing.
So the quiz questions is also about what we are doing
and technologies behind Starfight,
such as the SaaS,
other people,
as well as our collaboration and partnership recently.
as well as our collaboration and partnership recently.
Thirdly is about discussion topic.
Right now we have more than 20% topic lately.
And you can see on our teaching that people is discussed about the topic
I post on that.
Yeah.
And people and community users are really actively engaging
and discuss about those topics.
And those is the end.
We also gain a number of awkward users on our communities uh through a very uh
channel yeah and so that is our uh community community development
i hope that my answer is a satisfied question thank you thank you sir thank you great answer okay so next questions if you have so any Raise your hand to show me that you are really interested in.
Okay, I think Kim, let me pick Kim.
Approve. okay
all right okay i already approved you and
Can you accept that?
Can you hear me?
I can hear you now.
I want to ask, regarding reward distribution, how do mercury-based distributions and withdrawal
mechanisms work in practice?
Did you get that question?
I cannot finish you.
Can you repeat the questions again? All right. I want to ask them regarding reward distribution.
How do the Meku3 base distributions and redraw mechanisms work in practice?
So actually that you want to regard the reward distribution right yeah
yeah oh okay okay uh like exactly like what have what happens in an edge cases of validator exit
or emergency withdrawal what happens during that okay okay
okay uh so this is also uh great questions uh for me team uh so instafa required distribution So InstaFA requires distribution design to be fair, transparent and flexible.
So three-based mechanisms means rewards are distributed across three dimensions, which
is staking users who contribute liquidity into the vault.
So they will receive staking rewards and any additional incentive directly into proportion to share.
So secondly is Staffordown treasury.
So the protocol itself also received the share.
And I will go into the DAO's treasury.
This pool is then used to cover development costs, burn, and future ecosystem growth.
So for withdrawal, everything is a contract
driven and transparent. So when users request to unstack, their principal and uphill rewards
are calculated automatically by the contract. So if it is flexible staking model, I guess flexible like the flexible stacking, they can withdraw almost instantly.
So if it's a standard model, the withdraw respects the change unbounded
but the reward will continue to accumulate until the withdrawal is processed.
So in short, there's a three-based systems to ensure that user operation and the DAO all benefit together, and the withdrawal process is automated, predictable, and fair.
Do you satisfy with my answer, Kim? Do you need anything to be more clarified?
Yes, that is okay for me. Thank you very much.
Okay, Kim. thank you so much okay the last questions uh let me see
uh this engage i think that i pick
hunt east pick uh
okay i already invite you uh
do you really receive my invite
hello am i audible yeah yeah i can hear you now i I can hear you now. Thank you for this opportunity. Good AMA so Okay, I think that these questions I should...
So I will separate into many.
So it's our sapphire business revenue, mainly comes from a LaSalle model. So firstly, it's a bond fees,
it's a liquid-staking bond, a generous-staking reward.
So portions go into the user,
and portions go into operator sub-down,
and portions flow back into the Staff 5.0.0.
So that share is Staff 5 recurring revenue stream.
So secondly, it's the subDAO contribution. Every subDAO
launch with the SHARs contribute part of its native token. So supply back to the Starfight
DAO jazeries. So over time, it's more subDAO join, KOS, GMO, and more, Starfight jazeries
diversify and strengthen. So thirdly is a tokenomic so burn and change every
goal so revenue collected increase or subtract out token can either fund operations and support
growth or be burned to strengthen the token economic office. So in short start by revenue
is tied directly into adoption.
So the more bonds, the more sub-down,
the more other integration.
So it will gain the stronger stock-down
charity and long-term sustainability.
So this is an one-time model.
Is the scalable revenue engines grow with the users?
Yeah.
Those my answers that satisfy here, Hanix satisfy here. Yes, I'm satisfied. Thank you
and I wish you best of luck on your project. Okay, thank you so much. Okay, I think that's all for
the AMA today. Okay, thank you Steven and thanks to the Starfight community for tuning in today.
We've covered RWA tokenization, Vaughn upgrades, sunset proposal, treasury updates and September goals.
Don't forget to follow Starfight protocol, join discord and check out the full August report on MIR.
report on MIR. See you at the next AMA!
See you at the next AMA.
Thank you. Thank you. Thank you. Thank you.
