A year into its mainnet operation, Starknet (an L2 scaling solution for Ethereum) has expanded its ecosystem with numerous apps and DeFi protocols. Dive into fresh opportunities to secure a potential airdrop.
We discussed Starknet's potential airdrop eight months prior. The project has since evolved significantly, with its total TVL, as reported by DeFiLlama, skyrocketing to $28 million.
Starknet’s TVL. Source: defillama.com
Cross-Chain Protocols
To engage with any network, one needs to place a deposit in the corresponding blockchain. For replenishing the ETH balance in a Starknet wallet, there are several cross-chain bridges available:
- Starknet’s official bridge;
Depositing into Starknet or withdrawing funds comes with fees ranging from $5 to $30, depending on the congestion of the involved blockchains.
DeFi Apps
The realm of DeFi apps includes decentralized exchanges, lending protocols, liquidity farming platforms, staking mechanisms, and more. While we've previously discussed some, here's a roundup of new noteworthy projects:
- Avnu: A DEX active on Starknet's Mainnet;
- Fibrous: A streamlined Starknet token exchange tool;
- Sithswap: A versatile platform offering token swaps, liquidity farming, and voting features;
- zkLend: A lending protocol for both borrowing and offering crypto loans;
- Dmail: A Social Finance tool on Starknet;
- Carmine: A derivative trading platform for cryptocurrency options on Starknet.
NFT Infrastructure
The Mintsquare application, previously highlighted in our guides, unfortunately no longer operates. However, the NFT landscape in Starknet is now represented by projects such as:
- Aspect: An NFT marketplace boasting a straightforward and intuitive interface;
- Unfarmed: A catalog showcasing popular NFTs with trading capabilities.
Users can engage in various activities including creating, buying, and selling NFTs. Trading in renowned collections is recommended to boost your wallet's credibility, both within the blockchain explorer and on the marketplace itself.
Cryptocurrency Quests
In the Starknet network, participants can embark on cryptocurrency quests via platforms like Zealy, Galxe, Guild, and Layer3. Notably, Zealy frequently updates tasks associated with the Braavos wallet, a primary hub within Starknet.
Final Words
Starknet has amassed over 250 million in investments from prominent global cryptocurrency funds. The project's technology, StarkWare, is now a staple in many cryptocurrency DeFi applications. As such, Starknet stands out as a primary contender for a retroactive airdrop following its native token release.
