5 DeFi Noteworthy on StarkNet

In the eyes of the "Ethereum core circle", ZK has become the ultimate new narrative that is comparable to the DeFi innovation in 2019 and can leverage the next round of industry explosion.

For a long time, technical implementation has been the main problem faced by ZK, which also makes it a "future solution" in most people's minds. However, this year, the Arbitrum ecology has not yet been fully developed, and ZK Rollups, as technology substitutes, have already knocked on the door. One of the most obvious feelings this year is that all kinds of "ZK projects" have suddenly increased. Developers started to FOMO ZK technology, ZK transfer, ZK identity, and ZK board games. As long as it can be related to privacy, the word "ZK" must be included in the project name. Such a prosperous scene, of course, benefits from the concentrated efforts of ZK Rollup such as Starknet and zkSync, and zkEVM projects such as Scroll and Polygon.

The latter technical standard is an important technical cornerstone of today's Starknet, and even the entire encrypted ZK track.

From the data platform on the Layer 2 chain - L2beat, it can be found that the locked-up amount (TVL) on Starknet, the Layer 2 expansion solution of Ethereum, has exceeded 90 million US dollars, and the current value is 91.95 million US dollars, an increase of 30.31% on the 7th.

StarkNet's recent TVL has increased by 30%, which makes me wonder what DeFi can be deployed now?

After the upgrade, the transaction speed has improved (2.5 seconds on average), and you can finally play DeFi.

Even with the initial development of the ecology, we can see that the types of StarkNet projects are gradually diversifying. At present, there are DEX, lending, CDP and even options agreements, and the head DeFi volume is not small.

Then introduce some of these projects

Eat Swap zkLend CarmineOptions Nostrafinance Yagi Finance

Lending - zkLend

As the largest lending platform at present, the two products of zkLend are Artemis for general users and Apollo for institutional users, which is enough to see the ambition of the team

Investment Lineup StarkWare, Delphi Digital, GBV Capital, CMS Holdings

DEX- JediSwap

It is currently the largest DEX, developed by the Mesh Finance community behind it, and previously received a bonus of 150,000 $STARK sponsored by the StarkNet Foundation

Jedi is also currently conducting the Rise of the first LPs activity. After the settlement, you can receive NFT according to the ranking. I think it must be related to the future currency issuance activities. The current APR is also good and you can participate.

Options - CarmineOptions

The team is composed of senior quantitative traders and engineers. It will start developing products in April 2022 and launch the main network in April this year. Previously, CARM tokens were issued for governance purposes.

Discord also has a channel for airdrops and governance settings, and there will be airdrops soon

It can be seen that there are also activities for token transfers before April next year

CDP - Nostra Finance

Think of it as MakerDAO on Starknet

• Has its own lending market (Money Market) • The first ecological stable currency $UNO • Own DEX - Nostra Swap

The biggest highlight: the recent disclosure of Stark Ware’s official investment, the popularity has risen a lot. It is worth noting that the team behind it is the same community as the recently appeared LSDFi Raft Finance

Positive deployment, looking forward to follow-up progress

Turning to the past documents, in fact, Tempus has already invested 5 million US dollars in the Nostra Famiglia Fund and called on all kinds of experts to create various products in the ecosystem

Who are the investors of Tempus Finance? wintermute, Lemniscap, GSRio

At present, Nostra is also in the alpha testing stage, and the assets that can be deposited are only very small. It is also recommended for friends who want to interact with it to try

Yagi Finance

As a yield aggregator on StarkNet, the mere mention of being developed with JediSwap caught my eye

Currently there are two services, automation and vault. The team aims to cooperate with different types of DeFi to formulate customized strategic vaults. At the same time, it uses the ERC 4626 standard to make DeFi Lego more secure and convenient when it is established.

The founder of Yagi, Peteris Erins, was very active in the event to expose, discuss technology

Finally, don't forget to go to Starknet ID to apply for a domain name. After applying for a domain name, you can also go to StarkNet Quest to get NFT

You will need to verify your twitter and Discord accounts during the process

This sharing ends here, and the much-anticipated StarknetCC will also be held in a few days later, and there will definitely be some news at that time, so you can pay attention.

In the later stage, we will bring you the analysis of leading projects on other tracks. If you are interested, you can pay attention. I will also sort out some cutting-edge information and project reviews from time to time, and welcome all like-minded people in the currency circle to explore together. If you have any questions, please comment or send a private message