On February 14, Ethereum Layer 2 network Starknet finally lived up to expectations and announced the details of the STRK airdrop. Starting from February 20, users can receive STRK airdrops and use STRK as Gas to participate in ecological project interactions. For detailed airdrop distribution, please refer to the article "Starknet Airdrop is Coming! 1.3 Million Addresses Are Qualified, Full View of STRK Token Distribution Details".

In March last year, Arbitrum also announced the details of its airdrop at about the same time, which subsequently brought a lot of exposure to a number of ecological projects. The project airdrops continued, and the value of the project tokens soared. Moreover, the market activity when ARB released the airdrop cannot be compared with the current situation. Regardless of whether the Starknet ecosystem can perfectly take on the market heat, the interaction of ecological projects is worth participating in.

Users of the Braavos wallet can easily participate in ecological project interactions on the Starknet dApps navigation page, which is quite convenient. The following are some recommended interactive projects:

Our Finance

Nostra Finance is currently the largest DeFi protocol by TVL on Starknet. The platform currently supports basic lending and swap functions (with integrated AVNU). In addition, Nostra also plans to launch Starknet's first native stablecoin UNO, which is pegged to the US dollar.

It is worth noting that Nostra currently has a points plan, which will give points based on the user's behavior on Nostra. The approximate points are as follows:

  • Lend

Stablecoins: 1 USD = 1 point per day

Volatile assets: Every 1 USD = 2 points/day

  • Borrowing

Stablecoins: Every 4 USD = 1 point/day

Volatile assets: Every 8 USD = 2 points/day

  • Providing liquidity to the pool

In stablecoin/stablecoin pool, every 1 USD = 2.5 points/day

Volatility Assets/Volatility Asset Pool, every 1 USD = 5 points/day

In the volatile asset/stablecoin pool, every $1 = 10 points/day

In addition, after the user deposits the first amount of funds, an invitation link will be automatically generated, which can be used to invite new users to increase points.

zkLend

zkLend is a crypto lending protocol built on StarkNet, combining the scalability of zk-rollup, superior transaction speed, and cost savings through the security of Ethereum. zkLend meets users' needs for efficient transaction speed and low transaction costs, and supports multiple tokens such as ETH/wBTC/USDC.

The protocol offers a dual solution: a permissioned and compliance-focused solution for institutional clients, and a permissionless service for DeFi users — without sacrificing decentralization.

The preview of the ZEND airdrop page was also launched on February 6. It is one of the few open airdrop projects in the Starknet ecosystem DeFi.

AVNU

AVNU is a decentralized trading protocol and liquidity infrastructure that aims to always seek to provide the best execution strategy for traders and dApps on Starknet (and L2s more broadly). The project optimizes trade execution and minimizes slippage by searching for the best trade route across multiple decentralized exchanges (DEX). In addition, its request for price (RFQ) system integrates market maker liquidity, optimizes price discovery, eliminates slippage, and provides MEV protection.

AVNU also has a points ranking. The product UI and interactive experience are relatively excellent. Participants in AVNU interactions can use the USDT to redeem USDC to earn points. Only Gas needs to be paid. Daily participation in transactions will have a certain benefit effect on the accumulation of points.

The road

Ekubo is a protocol very similar to Nostra. It also supports users to swap or provide liquidity. It also has a points function, but the detailed points formula is not clear. Currently, the TVL is not as high as Nostra, and it does not support lending. But if you just deposit some rich funds to gamble, there is no problem.

Other similar DEX projects

In addition to the above projects, the functions and usage experience of the three Swaps including 10 KSwap, JediSwap and mySwap are basically the same. They are all relatively early DEX projects. The only difference is that Myswap has a points system, which the other two platforms do not have. If you are willing to spend Gas, you can also use the USDT to exchange USDC strategy for simple interactions.

Starknet.id

Starknet ecological domain name project, the current price of Mint new domain name is 0.085 ETH/year (about US$225).