Last month, industry-standard Chainlink Data Feeds went live on Starknet, a validity-based layer-2 solution and member of Chainlink Scale, giving developers access to the highly secure, reliable, accurate data needed to unlock a host of advanced DeFi use cases within the Starknet ecosystem.
Recently, Nostra, a user-friendly DeFi app where users can lend, borrow, and swap cryptocurrencies, announced its integration of Chainlink Price Feeds on Starknet to secure lending and borrowing pools for various assets beginning with BTC/USD, DAI/USD, ETH/USD, LINK/USD, STRK/USD, USDC/USD, USDT/USD, and wstETH/ETH.
As the industry-leading decentralized computing platform, Chainlink provides a comprehensive set of services that are critical for scaling onchain finance to billions of global users. Leveraging Chainlink’s time-tested oracle infrastructure, which has proven secure and reliable even during adverse and unexpected events such as flash loan attacks, Data Feeds has enabled over $12.5 trillion in onchain transaction value.
Conceived as a crypto “super app,” Nostra’s mission is to onboard the next billion crypto users by allowing them to seamlessly manage crypto assets and transactions through a single comprehensive platform. In an official announcement, Nostra CEO Richard Thomas-Pryce described Chainlink oracles as key to expanding Nostra’s reach.
“We’re excited to integrate the industry-standard Chainlink Price Feeds to help secure our lending and borrowing pools, increasing user confidence and driving adoption as we strive to onboard the next 1 billion crypto users,” he said.
To learn more about Nostra, visit their website, X, Telegram, Discord, and GitHub.