Moonstake Partners with Astarter

Published on: 03.02.2022

Moonstake has been announce its partnership with Astarter, a DeFi infrastructure hub on Cardano to facilitate the development of decentralized financial (DeFi) services infrastructure on Cardano. 

Astarter is a joint venture supported by EMURGO, the official commercial arm of the Cardano blockchain protocol, who has recently acquired Infinity Blockchain Group, the group leading Moonstake’s development. Currently, Moonstake and Astarter are working to enable Moonstake users priority access to Astarter’s service via a seamless native connection function once it is launched.

Astarter aims to provide fair, safe, and accessible open finance services on Cardano, developing decentralized finance applications for the Cardano ecosystem. Astarter will start development of an initial decentralized exchange offering (IDO) launchpad to be released by the end of the year, along with a decentralized exchange (DEX) on Cardano to follow. Upon completion, Astarter will also plan to integrate lending & borrowing (decentralized money market) features on Cardano. These services aim to bring more utility to Cardano ADA users and open up financial services to a greater number of people in underserved regions.

Moonstake has been in discussions with Astarter from the beginning for the functional connection, and is working to give Moonstake users priority access to Astarter’s service once it launches. In doing so, they will be developing a web-based connect function as a means of connectivity, which will allow them to provide a seamless connected experience. More features will be added as they become available.

Moonstake is honored to be a part of this partnership with EMURGO’s backed Astarter Project to help accelerate DeFi apps to further empower the Cardano ecosystem and continue to bring great value to crypto user communities worldwide.

 

About Moonstake

Moonstake was recently established to develop a staking pool protocol to satisfy increasing demands in regional and global blockchain markets. Moonstake develops a staking pool protocol and provides business services through partners and companies.

 

About Astarter

Astarter is a key DeFi infrastructure hub on Cardano with four core applications: Launchpad, DEX, Money Market & Tech Service Platform. The project was founded by EMURGO and aims to provide fair, safe, and accessible open finance services on Cardano, developing decentralized finance applications for the Cardano ecosystem.

 

SOURCE:

MEDIUM

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