Normal secures its second Stellar Community Fund grant of $80,000 (SCF #35) to launch its Crypto Index Protocol on the Stellar network. The protocol enables seamless global onboarding, local fiat support, and cost-effective diversified crypto index investing. Building on Stellar's ecosystem with partnerships like LOBSTR, Aquarius, and Beans, Normal aims to make crypto accessible worldwide.
Normal has earned its second grant from the Stellar Community Fund (SCF #35), receiving $80,000 to launch the Crypto Index Protocol on Stellar's blockchain, following a previous award in SCF #31. The protocol offers tradable, transparently rebalanced crypto indexes including Top 100, AI, RWA, DeFi, Meme, and customizable options, simplifying diversified investing for users and institutions. With over 2,000 users, $350,000 in volume via its legacy app, and $10M in committed institutional volume, Normal is expanding globally leveraging Stellar's on- and off-ramping. Key partnerships with Stellar apps like LOBSTR, Aquarius, and Beans enhance liquidity and accessibility. The SCF praised Normal for addressing ecosystem needs, simplifying synthetic assets, and driving adoption through polished branding. Normal expresses gratitude to the Stellar Development Foundation and ecosystem leaders for their support.
