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What is Starknet? Starknet interactive tutorial

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WBOYforward
2024-02-20 09:20:27846browse

If you missed the $ARB airdrop this year, then Starknet is the next high probability short opportunity.

On-chain activity shows thousands of people being bridged to @starknet to farm this short.

Here are 7 projects to interact with to maximize your chances of shorting $STRK.

Let’s look down together.

What is Starknet? Starknet interactive tutorial

1. What is @Starknet

Starknet is a decentralized ZK Rollup, created to solve problems by bundling many transactions together Ethereum’s scalability issues.

What is Starknet? Starknet interactive tutorial

#@StarkWare, the company behind Starknet, has been valued at $8 billion and has created the $STARK token.

They recently raised over $100 million in funding, which could make this short one of the largest airdrops to date.

What is Starknet? Starknet interactive tutorial

2. $ARB Reward Rules Overview

$ARB shorts have specific qualifications required to receive it.

Therefore, our goal should be to mimic similar activity to ensure we get the best odds on $STRK shorts.

Let’s review the steps.

What is Starknet? Starknet interactive tutorial

3. Starknet interactive tutorial

(1) Early preparation

Step 1: Create wallet

  • Install Argent X wallet;
  • Click here to go to the extension page;
  • Create a wallet.

Step 2: Bridge Ethereum to Starknet (no more than $100 required)

  • Go to https://starkgate.starknet.io;
  • Connect your wallet;
  • Select the amount;
  • Bridge.

(2) Interactive tutorials & project recommendations

What is Starknet? Starknet interactive tutorial

1.@Starknet_id

This is Starknet’s Ethereum name service , where users can declare their domain and identity.

Currently, @JediSwap has integrated Stark ID, and there will be more protocols in the future.

What is Starknet? Starknet interactive tutorial

Interaction steps:

  • Go to: https://app.starknet.id;
  • Connect your wallet;
  • Select your name;
  • Approve the transaction.

What is Starknet? Starknet interactive tutorial

2.@10KSwap

10K Swap is the first open source AMM deployed on StarkNet, leveraging Cairo-VM supported aggregation, Low fees and high throughput.

They have recently seen an influx of liquidity with TVL hitting $1M!

What is Starknet? Starknet interactive tutorial

What is Starknet? Starknet interactive tutorial

Interaction steps:

  • Go to https://10kswap.com;
  • Connect wallet;
  • Exchange token;
  • Deposit liquidity.

What is Starknet? Starknet interactive tutorial

3.@mySwapxyz

MySwap is the second largest AMM on Starknet. It currently has a TVL of 1 million US dollars and has grown significantly last month. With.

Liquidity has almost doubled in the past 2 weeks.

What is Starknet? Starknet interactive tutorial

What is Starknet? Starknet interactive tutorial

Interaction steps:

  • Go to https://myswap.xyz;
  • Connect wallet;
  • Exchange token;
  • Deposit liquidity.

What is Starknet? Starknet interactive tutorial

4.@nostrafinance

Aims to become Starknet’s liquidity layer by establishing a one-stop DeFi center where users can lend , borrow and exchange crypto currencies.

Nostra has developed its own stable coin - $UNO. It is a soft-pegged, 100% collateralized stable coin backed by iETH.

What is Starknet? Starknet interactive tutorial

Interactive steps:

  • Go to https://nostra.finance;
  • Select "Trial Alpha";
  • Connect your wallet;
  • Deposit liquidity.

What is Starknet? Starknet interactive tutorial

#5.@MintSquareNFT

Mintsquare enables you to easily mint, trade and collect NFTs on Starknet and zkSync without paying high fees additional fees while still maintaining the security of $ETH.

They have launched an NFT pool where you can trade NFTs and Stark IDs while earning fees!

What is Starknet? Starknet interactive tutorial

Interaction steps:

  • Go to: https://mintsquare.io/starknet;
  • Connect your wallet;
  • Select Starknet mainnet;
  • Mint/buy/sell NFT.

What is Starknet? Starknet interactive tutorial

6.@StarknetSocial

Starknet Social harnesses the power of community by creating a decentralized platform for your identity.

It is currently on testnet; however, in the short time it has been online, it has generated huge traction.

What is Starknet? Starknet interactive tutorial

Interaction steps:

  • Go to: https://starknet.social;
  • Connect your wallet;
  • Claim your profile;
  • Customize your avatar;
  • Explore the community;
  • Follow some users.

What is Starknet? Starknet interactive tutorial

Risk Warning

According to the "Notice on Further Preventing and Dealing with the Risks of Speculation in Virtual Currency Transactions" issued by the central bank and other departments, the content of this article is only for For information sharing, we do not promote or endorse any business or investment activities. Readers are requested to strictly abide by the laws and regulations of their region and not participate in any illegal financial activities.

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