StarkNet is a Layer 2 blockchain that operates on top of Ethereum leveraging ZK-STARK technology, a type of Zero-Knowledge Proof. This innovation ensures data authenticity while maintaining its confidentiality.
The ecosystem of this cutting-edge Layer 2 blockchain has quickly grown, encompassing an extensive list of projects. Some have become favorites among StarkNet supporters and other crypto enthusiasts.
Argent
This decentralized crypto wallet features multi-signature capabilities and social recovery options. It automatically blocks suspicious transactions or those attempted without multi-factor authentication confirmation, eliminating the need for a mnemonic phrase for wallet access recovery.
Jediswap
An automated market maker (AMM) that decentralizes trading and eliminates gas fees. The platform only charges a 0.3% swap fee, which is equally distributed among liquidity providers. Users manage their assets independently without third-party supervision, bearing full responsibility for their asset security.
Orbiter Finance
A cross-chain bridge that employs smart contracts only at the destination end. It facilitates swift asset transfers between 14 different blockchains, including Ethereum, StarkNet, Loopring, Arbitrum, Optimist, Polygon, and others.
The cross-chain bridge maintains its liquidity through a maker, while a smart contract ensures security. If the maker fails to meet their obligations and problems arise, the sender can make a claim to receive compensation for any losses incurred.
Nostra
A StarkNet liquidity DeFi application consisting of three components: Nostra Money Market, UNO (a native stablecoin), and Nostra Swap.
Nostra Money Market is a universal protocol designed for lending and borrowing within the crypto market, generating income for both Nostra Swap and UNO.
Nostra Swap is a next-gen stablecoin exchange platform that supports UNO's growth and stability, while liquidity providers on Nostra Swap earn income by loaning their stable coins on Nostra Money Market and from swap fees.
UNO is StarkNet's first native stablecoin. The asset is backed by the dollar and ETH. UNO will be integrated into all StarkNet products, including DeFi apps, blockchain games, NFT marketplaces, and much more.
ZKX
ZKX Protocol is a decentralized exchange for perpetual futures, offering trading for long and short asset positions. The platform is governed by its community through a DAO, with the ultimate goal of democratizing the global financial market and ensuring unrestricted access to income opportunities.
The exchange operates via a distributed network of nodes using an order book, thereby facilitating scalability, prompt trade execution, and guaranteeing users' ownership rights over their deposits. The protocol also provides direct price feeds, enabling high-frequency trading.
