An NFT-DeFi Convergence Using Polkadot is Proposed by Starfish Finance


In its presentation for Polkadot, Starfish Finance presented how decentralized finance and NFTs will come together on the Astar Network. It is asserted that Starfish Finance ($SEAN) will be the stronghold that harbors the ultimate merger of DeFi and NFTs.

Polkadot galaxy’s Astar Network ecosystem includes Starfish Finance as one of its planets. Sean wants to explore the universe and build castles, a starfish living on his home planet.

The Starfish protocol was created based on Balancer v2. Consumers can create liquidity pools containing up to eight crypto assets on the platform. Then, using Celer Network’s Interchain Messaging infrastructure, users can borrow and lend collateralized NFTs across chains.

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