The Alpha version of Nostra’s money market has gone live on the StarkNet mainnet.
Nostra initially supports five assets, including ETH, USDT, and USDC, with deposit limits to assist users in risk management.
Nostra Money Market Alpha is live! Try out the first lending and borrowing protocol live on #StarkNet mainnet. pic.twitter.com/rsBjVedcap
— Nostra ( , ) (@nostrafinance) December 5, 2022
The protocol testnets previously existed on Ethereum for the sake of saving on gas fees. However, Layer-2 protocols are slowly taking over Ethereum in this regard, and StarkNet is the platform of choice.
Deploying straight on the mainnet allows the protocol to integrate all smart contracts and test all mainnet integrations right now.
To assure performance and avoid risks, Money Market Alpha has some limits.
Nostra builds upon the foundations of well-established money markets (Compound, Aave, Euler Finance) while introducing new features that improve both capital efficiency and composability and takes into account the low gas fee environment of StarkNet.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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