The Astar Summer Round 2. They have felt the chill of crypto winter engulf the Web3 space. Yet, they are optimistic about the journey ahead, as they have witnessed some of the best products built during the previous quieter times in Web3. People usually overestimate hypes and underestimate technical progress. With the current market conditions, solid projects only speed up the technical developments to persevere and come out on top in the next cycle. The highly focused technical teams are the ones that are positioned for success, & Astar is no exception.

WASM Smart Contract

In the last two months, they have delivered the first commercial WASM smart contract environment (Shiden) on Kusama, implemented dynamic dApp staking inflation, and cross consensus messaging XCM.

In addition, to the technical progress on Astar, their dApp ecosystem is also growing. They are super excited to have some key projects building on Astar.

Developments

Now, the exciting developments coming to Astar this Summer. To introduce the community to their new All-Stars on Astar, they are going to have a Twitter Space together with Algem, Sio2 Finance, Starfish, and Zenlink to prepare for Astar Summer this Thursday, please tune in to meet the teams.

Algem

The Algem a native liquid staking DeFi dApp on top of Astar Network offering new ways for ASTR users and holders to earn more. The Algem incentivises users to hold their tokens via the multi-level rewards system. Astar token holders can stake ASTR on Algem and make nASTR while earning the staking reward. nASTR can be used in several existing DeFi protocols like ArthSwap.

Website | Twitter |

Sio2 Finance

Sio2 Finance is the first multi VM lending platform on Astar. The strength of Astar is to support both Ethereum Virtual Machine and WebAssembly.

Website | Twitter |

Starfish Finance

Starfish is the DeFi × NFT-Fi headquarter on Astar Network in the Polkadot ecosystem. It is a one-stop DeFi journey with multi-token stablecoin swap, based on Balancer V2, cross-chain aggregation for crypto assets and NFTs, and unleashing liquidity potentials in NFTs.

Website | Twitter |

Zenlink

Zenlink is a cross chain DEX protocol for better composability on Polkadot. The Zenlink allows users to swap Polkadot ecosystem tokens. The Zenlink DEX Protocol includes WASM and EVM implementations, which are flexible and adaptable, allowing for customizable compositions and interoperability with different DeFi modules.

Website | Twitter |

About Astar

Astar Network the Smart Contract Hub for WASM + EVM one of the top Parachains in the Polkadot ecosystem. Leading smart contract hub that connects the Polkadot ecosystem to Ethereum, Cosmos, and all major Layer 1 Blockchains. Astar Network supports dApps using multiple virtual machines — namely WASM and EVM. Offers the best technology solutions & financial incentives via its Build2Earn and Astar Incubation Program for Web3 developers. To build on top of a secure, scalable, and interoperable blockchain.

Website | Twitter |

Source

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