Nostra Finance

Nostra is a permissionless non-custodial lending and borrowing protocol built on StarkNet, one of the most-promising L2 networks on Ethereum, where everyday users can lend and borrow crypto assets without the need for a trusted third party to act as an intermediary.

Nostra builds upon the foundations of well-established money markets (Compound, Aave, Euler Finance) while introducing new features that improve both capital efficiency and composability and takes into account the low gas fee environment of StarkNet.

We have chosen to build Nostra on StarkNet because its underlying ZK-proof technology is ideal for building scalable and accessible DeFi products in a decentralized environment with fast finality times and cheap gas fees without compromising Ethereum's security.

The basic use-case of Nostra is as follows:

Lending: Users can provide liquidity to the protocol by depositing their crypto assets and, in return, earn passive income on their deposits.

Borrowing: Users can borrow crypto assets on the protocol by using their deposits as collateral.

Nostra has been designed to make the lending and borrowing experience as capital efficient and secure as possible. In addition to its basic use case, the protocol has several innovative features, such as being able to prevent collateral from being borrowed to minimize liquidity risk and the option to create up to 255 subaccounts to ring-fence assets.