Starknet, a project on the Ethereum blockchain, has been making significant strides in the decentralized finance (DeFi) space, as evidenced by its growing Total Value Locked (TVL) which has surpassed $150 million. The TVL growth is led by Nostrafinance, zkLend, and EkuboProtocol as the top DeFi protocols. This growth is attributed to Starknet's innovative use of STARK cryptography for scalability and security, and its development platform, Cairo, which has been crucial for creating decentralized applications (dApps). The Starknet team, led by Eli Ben-Sasson, has been praised for their integrity, long-term vision, and responsiveness to community feedback. Additionally, the Pyth Network, supporting 51 different blockchains with real-time price data, indicates its vital role in DeFi ecosystems. Starknet's community has been described as the fastest-growing on Ethereum for the past two years, largely due to its technological advancements and the active involvement of its builders.
stDYDX experienced significant growth this week. TVL rocketed past the $5 million milestone yesterday and now sits just shy of $6 million. Liquidity on @osmosiszone has also increased by 50% this week. stDYDX holders can provide liquidity here: https://t.co/DY4UyxEO5y
π₯ Our latest video is out! Watch Community Call #5 w/ @dimahledba, Head of Ecosystem at @StarkWareLtd. We dive into @Starknet & Web3's landscape in Africa, discussing our expansion plans with a major emphasis on building top-notch products on Starknet. πLink to Video:β¦ https://t.co/oKnxBYKKdq
The CairoVM powers Starknet and scales Ethereum because itβs optimized for generating the most secure and efficient Validity proofs: STARKs The CairoVM is the execution layer of Starknet and is responsible for processing transactions that change the state of the network
ICYMI, We've added the #Starknet DeFi Spring tab on #OKXWeb3 Discover π¦π βοΈ @mySwapxyz βοΈ @10kswap βοΈ @haikoxyz βοΈ @StarkDefi βοΈ @JediSwap βοΈ @zkLend βοΈ @CarmineOptions βοΈ @Nimbora_ Explore now: https://t.co/A8hnBGN57e https://t.co/WuptZVP9Ic
DeFi on @Starknet really heating up.π₯ We're so ready for the many milestones to come. https://t.co/11WKfa8QBs
I love the blockchain... The ability to look into the top 7 holders of a recent popular mint and realize that 6/7 of them are all fresh wallets trading their first NFT... Project must be doing a great job onboarding new whales... or... π https://t.co/hONnd2yw3P
A very informative community call with ecosystem lead @dimahledba & @odin_free, Thanks for joining π¬πβ€οΈ https://t.co/zphlU361hR
You know why Starknet is unstoppable ? Because it has a real SOUL! I was in a @StarkNetAfrica community call and I can tell you that no one is ready for this huge wave of Starknet builders that is coming. We had amazing presentations from the leads of different communities. We⦠https://t.co/eDVN77PEYJ
Starknet offers limitless scalability on Ethereum through STARK cryptography! Create dApps effortlessly, powered by Cairo and innovative Account Abstraction. Start building on Starknet to experience unparalleled security thanks to Ethereum! https://t.co/yMo7Y2sKBg https://t.co/uCSLUyjBFN
Interesting! πππ In less than 24hr, @0xfluid has reached $11M in TVL with ~$24M in total supply & ~$13M in total borrow. Currently, users can earn +100% in APR on stable through on-going rewards. And users can earn +15% APR ETH collateral while borrowing stables against it. https://t.co/kS9Z1kvIAy https://t.co/Xz4GwbXFeQ
Starknet has the fastest-growing community on Ethereum for the past 2 years. Why? - Cairo - Cairo - Cairo - Also Cairo https://t.co/2wTCKroaS0
Remarkable to see the widespread adoption of @PythNetwork, now fueling 51 different blockchains with real-time price data. A clear indicator of its integral role in advancing high throughput DeFi ecosystems. π https://t.co/Bo0O0eQLj0
This to me is the greatest quality of the @StarkWareLtd team: being able to listen to feedback and adjust. No ego, just committed to deliver what's best. https://t.co/8tfKqKItTD
Top 10 Projects by TVL on #Starknet @Starknet total value locked (TVL) has exceeded $150 million and continue growing. @nostrafinance is the leading DeFi protocol by TVL, followed by @zkLend and @EkuboProtocol. π https://t.co/poJBNP0iX9 https://t.co/NaWf1rJLJH
it appears @EliBenSasson chose well the most important word of his work at @StarkWareLtd : integrity. integrity, in all things. https://t.co/p3GDCXelUJ
iβve known the starkware team for years now and they are of the utmost highest integrity itβs the ultimate alpha https://t.co/Ta7qi27rqG
Iβve met a lot of people in crypto over ~10 yrs. @EliBenSasson & the @StarkWareLtd team are some of the most hard-working, long-term oriented builders I know, not to mention 1-in-a-billion level of brilliant. Glad to support this move for @Starknetβs bright future ahead β¨ https://t.co/I0zVe8hwKC