Starfish Finance Proposes DeFi-NFT Convergence on Polkadot
Paris, France, 30th September, 2022, Chainwire Starfish Finance, the DeFi project running on Astar Network, has shared its vision of how NFTs and decentralized finance will coalesce on Polkadot. The community-driven project predicts the worlds of DeFi and NFTs will eventually fuse and form a brighter star, with Starfish Finance ($SEAN) serving as the fortress that hosts this union. Starfish Finance is one of many planets orbiting the Astar Network ecosystem, one of the brightest parachains in the Polkadot galaxy. Living on its primary planet is a starfish named Sean, who has vowed to venture into the galaxy and build new castles. The Starfish protocol is based on Balancer v2. It gives users the freedom to create liquidity pools of up to eight different crypto assets on top of a full stack DeFi product suite. Beyond its DeFi capabilities, users can stake NFTs on their native chain through Celer Network’s IM framework, an inter-chain messaging mechanism, to enjoy cross-chain collater...