
Astarter
Astarter provides fair, safe, and accessible open finance services on Cardano, developing decentralized finance applications for the Cardano ecosystem.
Date | Investors | Amount | Round |
---|---|---|---|
- | investor | €0.0 | round |
N/A | Early VC | ||
Total Funding | 000k |
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Astarter operates as a pivotal decentralized finance (DeFi) infrastructure hub within the Cardano blockchain ecosystem. The project, which made its debut on September 16, 2021, is backed by EMURGO, a founding entity of the Cardano protocol, and Adaverse. The company's primary objective is to facilitate the growth of new projects on Cardano by providing a suite of financial tools and services.
The business model centers on offering a comprehensive platform that integrates multiple DeFi functionalities. This creates revenue streams through transaction fees on its exchange, fees for project launches, and interest differentials in its money market. Its clientele consists of emerging blockchain projects seeking to raise capital and build liquidity, as well as individual crypto users and investors looking to trade, stake, and lend digital assets.
Astarter's core product is a multi-faceted platform with four main applications. First, its Launchpad enables new Cardano projects to raise funds through Initial DEX Offerings (IDOs) and Initial Stake Pool Offerings (ISPOs). The ISPO model is a distinct feature, allowing users to stake their ADA tokens to earn new project tokens, minimizing the risk of principal loss. Second is the Astarter Decentralized Exchange (ADEX), an automated market maker (AMM) that facilitates trading, liquidity provision, and displays market data. Third, the platform includes a Money Market for decentralized lending and borrowing, where users can supply digital assets as collateral for loans. Finally, a Tech Service platform provides technical support and resources, such as oracle services and cross-chain bridge implementation, to help projects build on Cardano.
Keywords: DeFi, Cardano, decentralized finance, launchpad, decentralized exchange, DEX, money market, crypto lending, ISPO, Initial Stake Pool Offering, ADEX, blockchain infrastructure, EMURGO, Adaverse, staking, yield farming, crypto trading, liquidity pools, token launch, smart contracts, digital assets