Starlay Finance Joins Astar Incubation Program

Starlay Finance Has Partnered With Astar Network, To Join Astar Incubation Program.

Astar Network has recently announced the launch of the Astar Incubation Program. Projects in this program will be supported by Astar Network, in terms of every aspect of developing key elements of the Astar Ecosystem. Starlay is selected to join this program.

AstarNetwork will provide following support in their incubation program:

 •  Hands-on Support. Astar core team will work together with selected projects and support the projects with what they need. Selected projects will have open access to all Astar’s resources, including investors, marketing, BD, legal, finance, etc, and receive strategic advisories from Astar core team.

 •  Seed Investment. Accepted projects in the Astar Incubation Program will receive potential seed funding from our VC partners, providing founders with initial funding and traction so they can focus on growing their projects. The valuation of accepted projects can be up to a maximum of US$ 20M.

 •  Mentorship. We can connect founders to core team members and experienced engineers from Astar Network and in the Web3 space, who have extensive experience in tokenomics design, marketing, development, and startup operations, helping founders to grow quickly.

 •  Extensive Network. Projects will share our diverse network of ecosystem builders and partners, providing the opportunity to create meaningful connections.

About Starlay

Starlay is a non-custodial lending protocol on Astar Network. Depositors can provide liquidity to earn interest as a stable passive income, while borrowers can leverage their assets without selling them out.

Astar Network aims to be the biggest hub for the multi-chain era by bridging with Ethereum, Cosmos, and others. With Starlay Finance, the Astar ecosystem will be a huge marketplace for storing all kinds of tokens on any kind of chain.

About Astar Network

Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multichain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts. That’s why the ecosystem needs to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.

➡️Source:
https://medium.com/@starlay_fi/starlay-joins-astar-incubation-program-8232eed06866