NUFI's Project Catalyst Fund15 Proposals

6 min read

Dec 27, 2025

NUFI wallet is proposing two things: create a Scavenger Mine SDK, and fix Cardano's cross-chain swap liquidity crisis.

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For Project Catalyst Fund15, NUFI wallet is proposing two things:

  • first, to enable anybody to fairly and easily distribute a Cardano token by developing a Scavenger Mine SDK; and
  • second, to fix Cardano’s cross-chain swap liquidity crisis (so users get the best-value trades every time they swap crypto across chains to Cardano).

Keep reading to see how NUFI’s solutions can benefit Cardano blockchain, and how you can support NUFI’s proposals by voting in Project Catalyst Fund15.


Proposal 1: “Scavenger Mine SDK”

Click here to watch a short overview

What is a Scavenger Mine?

The Scavenger Mine model was introduced to Cardano by Midnight Network, who used it to distribute their $NIGHT token. Its goal is simple: distribute a new token in a way that’s fairer and easier than an airdrop, while making it free and fun for users to earn tokens.

To take part, a user needs just a browser and a Cardano account. The user registers their Cardano account and then solves cryptographic challenges (aka ‘mining’). The more challenges a user solves, the more tokens they earn.

It’s completely hands-off: simply register, click ‘Start’, and your computer works automatically in the background to earn tokens. Mining is done through a browser, and requires no expertise, no special hardware, and no financial commitment – just a Cardano account.

What is NUFI proposing?

NUFI is proposing an SDK that will provide everything needed to run a Scavenger Mine and distribute a token. The Scavenger Mine SDK:

  • Is open-source and can be integrated into any interface
  • Includes everything needed: a UI template, API template, and backend/server template
  • Includes a smart contract for token distribution (with vesting possible too)
  • Introduces improvements on the original model, including optional token gating, multi-address mining, CPU thread customization, ability to solve missed challenges, and ‘donate’ functionality

The benefits for Cardano

For a Cardano team that wants to distribute a token, the Scavenger Mine SDK provides a superior alternative to an airdrop: no complex setup, minimal hardware needed, easy (optional) token gating, and daily engagement from users.

For Cardano users, it means more opportunities to earn new Cardano tokens with no financial commitment (and no competition with VCs/private investors), and no barrier to entry: just register a Cardano account for mining, then set it and forget it while your computer earns tokens in the background.

Read the full proposal: https://www.catalystexplorer.com/en/proposals/scavenger-mine-sdk-f15/details


Proposal 2: “Fix Cardano’s cross-chain swap liquidity crisis”

Click here to watch a short overview

NUFI’s second proposal fixes the biggest problems faced when swapping assets across chains to Cardano: a lack of liquidity and limited support for hardware wallet users.

The problem with existing solutions

Lack of Liquidity: there are almost no decentralized cross-chain swap protocols that support Cardano; those that do have such little liquidity that, when swapping across chains to Cardano, you receive significantly less crypto than you spend.

See for yourself: almost 10% value lost due to low liquidity when swapping 1 ETH to ADA (and much more value lost when swapping larger amounts).

Cross-chain swaps + PK import.png

Lack of hardware wallet support: a user’s wallets on different chains do not always support the same hardware wallets, and protocols may not even support the wallets themselves. The result is very little end-to-end support for hardware wallet users.

What is NUFI proposing?

  1. integrate SwapKit/NEAR Intents into NUFI wallet to provide non-custodial cross-chain swap functionality with deep, aggregated liquidity; and
  2. enable multi-seed phrase and multi-private key import, so Cardano users can consolidate their Cardano, Bitcoin, Ethereum, EVM and Solana wallets into one single wallet interface and seamlessly swap across chains with a couple of clicks.

Part 1: SwapKit/NEAR Intents integration

Integrating two decentralized cross-chain swaps providers – SwapKit/NEAR Intents – into NUFI’s non-custodial wallet interface will allow Cardano users to:

  • Swap thousands of tokens on hundreds of blockchains to/from Cardano with deep, aggregated liquidity
  • Swap assets at the best rates (SwapKit aggregates cross-chain protocols and DEXes to find the best rates for each swap):

Cross-chain swaps + PK import (1).png

  • Swap assets using a hardware wallet: Ledger, Trezor, Keystone, BitBox02, OneKey, and GridPlus devices supported
  • Swap with no KYC or signup needed

The proposed integrations can be used with any existing wallet thanks to…

Part 2: Multi-seed phrase/private key import

In a nutshell, this functionality allows a user to combine multiple seed phrases, private keys and hardware wallet accounts (for hundreds of chains) into a single wallet interface. By implementing this functionality in NUFI, a Cardano user will be able to:

  • consolidate their Cardano, Bitcoin, Ethereum, EVM and Solana wallets into a single wallet interface; then
  • use SwapKit/NEAR Intents integrations to seamlessly move crypto from chain to chain, e.g. from ‘my BTC wallet’ to ‘my ADA wallet’ with a couple of clicks

The benefits for Cardano

Cardano users will be able to:

  • swap assets securely across chains without losing value due to low liquidity
  • swap thousands of tokens with comprehensive hardware wallet support (for 6 devices)
  • restore wallets on different chains into one wallet interface to make swapping to and from Cardano easier than ever

Read the full proposal: https://www.catalystexplorer.com/en/proposals/fix-cardanos-cross-chain-swap-liquidity-crisis-f15/details


How to register to vote in Project Catalyst

To vote in Project Catalyst Fund15, you'll need to register to vote before January 4th 2026. All that's needed is a Cardano account with 25 ADA or more (excluding staking rewards). If you already registered to vote, you don't need to register again.

Voting registration is available through the NUFI team’s legacy Cardano wallet, AdaLite:

  • Visit https://adalite.io and restore your existing Cardano wallet by entering your seed phrase or by pairing a hardware wallet device (Ledger, Trezor and BitBox02 devices supported).

  • Inside AdaLite, click the ‘Voting’ tab and download the Catalyst Voting app to your phone (this app is where votes are cast later on).

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  • In AdaLite’s interface, click the Register button below the QR codes. Choose a 4-digit pin and write it down — you’ll need it later.

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  • Review and confirm the transaction. There’s a registration fee of approximately 0.2 ADA.

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  • You’ll see a QR code which is shown only once and is not visible again after you close this window. You’ll need this QR code later, and losing it means re-registering. Please store this QR code securely by taking a picture of it, printing it out, or saving it as a PDF before closing the window.

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  • Open the Catalyst Voting app. Press ‘Connect wallet’ then ‘Use voting QR code and pin’’. Scan your QR code and enter your pin code. An eligibility snapshot takes place on January 4th 2026 (21:45 UTC); on this day, please ensure you have at least 25 ADA (excluding staking rewards) in the account you registered with.

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You’ve now linked your wallet to your voting app. When voting starts on January 13th 2026, you’ll have a couple of weeks to cast your votes.

In the meantime, look at proposals using the app and bookmark the ones you like. You can also browse proposals on https://projectcatalyst.io/funds/15 and https://www.catalystexplorer.com/en/proposals.

How to vote

Voting is done through the Catalyst Voting app on your phone. The app shows you all proposals: vote ‘YES’ for the ones you like, then submit your votes when you’re ready.

Voting starts January 13th 2026 and ends January 27th 2026 – be sure to submit your votes using the Catalyst Voting app by this date.

If you want to support the NUFI team, search for “Scavenger Mine SDK” and “Fix Cardano’s Cross-Chain Liquidity Crisis”. Support the proposals with a YES vote if you think our ideas will benefit Cardano.

Results will be announced at the end of January 2026.