⚡️Nostra Project Review
Nostra is a permissionless lending and borrowing protocol built on StarkNet, one of the most promising L2 networks on Ethereum, where ordinary users can lend and borrow cryptoassets without the need for a trusted third party as an intermediary.
Nostra builds on the foundations of well-established money markets (Compound, Aave, Euler Finance), while introducing new features that improve capital efficiency and composite, and considering StarkNet’s low gas commission.
Nostra’s main usage scenarios:
- Lending. Users can provide liquidity to the protocol by depositing their crypto-assets and, in turn, receive passive income on their deposits.
- Borrowing. Users can borrow crypto-assets from the protocol by using their deposits as collateral.
Project resources: Website | Telegram | Twitter | Discord | Docs