This project believes the worlds of DeFi and NFT are about to merge

A community-driven platform makes a bold prediction for the future: the worlds of DeFi and NFTs will eventually merge to form a new, brighter star.

Starfish Finance says its infrastructure is built in anticipation of this happening – and it’s based on the Astar Network, one of Polkadot’s top parachains.

The Starfish protocol is based on Balancer V2. Users have the freedom to create liquidity pools with up to eight different cryptoassets on top of a full stack DeFi product suite. Beyond the defi features, users can stake NFTs on their native chain through Celer Network’s latest IM framework, an inter-chain messaging mechanism, to enjoy NFT collateralized lending and cross-chain lending on Starfish Finance. The Starfish Team has emphasized that community safety is their number one priority, and the protocol has passed CertiK’s audit.

Starfish’s management now partners with renowned NFT projects – all with a vision of providing liquidity to collectors who would otherwise have to sell their cherished possessions. This scenario will become increasingly relevant as the market matures in the future, where NFT assets will be our digital goods. Several large centralized space stations have just docked Starfish spacecraft, most notably Huobi. The team expects more listing announcements to come as the project progresses.

As part of Starfish’s cultural movement to invade the Web3, the project has created a Web3 Personality Test – a fun way to find out what kind of investor you are.

The Starfish way

From the beginning, Starfish Finance has positioned itself as a one-stop journey offering stable and weighted multi-token exchange – embracing a multi-chain future. Starfish executives say the brand stands for community, collaboration and convenience – the protocol’s three core values ​​– preparing for the imminent future where NFT-Fi will become an indispensable component of Web3.

Starfish Finance started 2022 with conception, fundraising, forming strategic partnerships, building an inclusive community and launching test networks. For the remainder of 2022, the team will roll out its DeFi suite and anticipate the launch of NFT collateral lending and borrowing in the roadmap.

The eventual formation of the Starfish DAO – dubbed “Aquarium” – after the mainnet launch will sow the seeds of Starfish’s motto: “Buidling while vibing”.

The Community Council will be tasked with looking after various parts of the project, from product to art, and from technology to marketing. Community members will play a major role in introducing and whitelisting new NFT projects as qualified security for Starfish’s NFT-Fi, as well as managing events and activities to grow the multi-chain Web3 economy.