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- Starknet monthly recap #11: May
Starknet monthly recap #11: May
All you need to know about Starknet in May
Starknet monthly recap #11: May
Welcome to the 11th edition of my monthly recap, where I bring you the most important updates and developments from the Starknet ecosystem.
A lot happened this month, so hang on! 😎
📣 Important news of the month
🔹 Starknet roadmap and goals
We now have a deeper understanding of Starknet's roadmap objectives and the strategies to achieve these goals.
In summary, Starknet aims to:
Achieve several hundreds of TPS capacity through Transaction Parallelization and Cairo Native.
Permanently reduce gas fees to under $0.01 with Volition.
Enhance its finally thanks to SNAR
A few weeks ago, we announced the definitive targets of our 2024 roadmap:
🐺 Becoming the L2 with the highest TPS capacity
🐺 Average transaction fee consistently below $0.01Now, let's discuss how we plan to achieve these targets! 👇
1⃣ Becoming the L2 with the highest TPS… x.com/i/web/status/1…
— Starknet 🐺🐱 (@Starknet)
8:03 AM • May 27, 2024
🔹 5 new support programs available on Starknet
The Catalyst program, aimed at aiding Starknet projects' growth (20M STRK tokens)
The Seed Grant program, designed to assist developers and builders in initiating their project on Starknet (5M USDC)
The Wolf program, created to support developers and content creators in their quest to expand the ecosystem (5M STRK tokens)
The Nethermind program, which supports products and applications on Starknet at any development stage ($1M)
The joint Nethermind and Only Dust program, aimed at fostering the growth of open-source projects
If you are a developer, a project, or a content creator on Starknet, there's now at least one support program that suits your needs.
🔹 @Herodotus' New Integrity Verifier
The Herodotus’ Integrity verifier is now live on Starknet, enabling the verification of STARK proofs directly on Starknet. While some developments are still needed, L3 on top of Starknet is closer than ever.
Starknet’s made another leap toward hyperscaling! ✨
@HerodotusDev's new Integrity Verifier now enables the verification of Stone proofs directly on Starknet.
This means devs can now reduce their appchain costs even further—and that’s on top of the other 🔥 benefits appchains… x.com/i/web/status/1…
— Starknet 🐺🐱 (@Starknet)
11:01 AM • Apr 30, 2024
🔹 ZKThreads Standard: A New Approach to Scaling Without Fragmentation
The ZKThreads standard, currently being developed by StarkWare in collaboration with @cartridge_gg, introduces an innovative framework for execution sharding. It offers scalability and customizability without causing fragmentation!
Currently in the research phase, more information will be provided in due course:
Last week we unveiled a new standard we are working on: ZKThreads 🧑🔬
This standard, being developed in collaboration with @cartridge_gg, introduces a novel framework for execution sharding that provides scalability and customizability without fragmentation. It also allows for… x.com/i/web/status/1…
— Starknet 🐺🐱 (@Starknet)
11:45 AM • May 30, 2024
📢 What About the Ecosystem?
🔹 Kakarot finally live on testnet
Kakarot zkEVM, a Starknet appchain that allows solidity developers to leverage Starknet technology with their preferred tools (EVM tools, MetaMask, Rabby etc…), has just launched its private testnet!
While currently restricted to developers, the upcoming phases of the testnet will gradually onboard users through a whitelist, followed by a public testnet.
But because I'm here for you, I've secured 5 access codes to the testnet for you!
1. Un39585008-30aa-4377-a570-cad22345f130
2. 96f64ed0-7852-4a1e-b95a-88c3958bb6b7
3. 0e4099a6-05c8-4420-a47b-1dac0293662e
4. 60c4eafd-bd00-44bb-a11a-c7831530be58
5. 982dc90d-1f13-46f3-9527-b84d0bcb2f12
Act fast, as these are unique codes and available on a first-come, first-served basis!
To claim your code, visit this site and follow the instructions: https://sepolia-faucet.kakarot.org/
Today is the DAY! 🥕
We’re super excited to announce that we’re entering our Public Whitelist Testnet phase: Kakarot Sepolia!
WTF is @KakarotZkEvm, and how to ape 🧵
Kakarot is an EVM-compatible ZK-Rollup built on the Cairo stack! On Testnet, Kakarot is a Ethereum Sepolia… x.com/i/web/status/1…
— Kakarot zkEVM (@KakarotZkEvm)
12:00 PM • May 22, 2024
🔹 JediSwap and Concentrated Liquidity
JediSwap has launched its new version of AMM, featuring concentrated liquidity! This updated version has already been audited and integrated into Teahouse's automated LP strategy.
Padawans!
We are excited to announce the return of Jediswap with concentrated liquidity, full audits, points, and incentives. Check it out at
app.jediswap.xyzSince our last update two months ago, we have been working hard on a fresh new version of Jediswap, focused on… x.com/i/web/status/1…
— JediSwap (@JediSwap)
3:42 PM • May 22, 2024
🔹 AVNU Paymaster Now Available for All
AVNU has opened its Paymaster infrastructure enabling any dapp to easily integrate it. As a reminder, Paymaster enables users to pay gas fees in tokens other than the native gas fee tokens of Starknet (STRK and ETH).
Folks, you can now integrate seamlessly the Starknet Paymaster by AVNU 🍒
Here is the documentation
👉 doc.avnu.fi/starknet-payma…
- A dedicated Open API
- A Typescript SDK to allow you integrate under 10' in your flow
- Guide and examplesOur DMs are open. Don't be shy!
— Mentor Reka ✨ (@MentorNotPseudo)
8:43 AM • May 13, 2024
🔹 Haiko's Strategies on AVNU
Haiko's automatic strategies, which allow users to enjoy the benefits of concentrated liquidity passively, have just been integrated by AVNU!
This integration enables better price optimization for AVNU traders and increases volume and fees for Haiko's liquidity providers!
BOOM. It's finally here 🌈
We're excited to announce Haiko Strategy Vaults are now fully integrated with @avnu_fi for swap fees!
Plus, we've added a new feature called ✨Auto Swapper✨ to make it even easier for you to deposit to Vaults w/ 1-click
👇
— Haiko (@haikoxyz)
11:11 AM • May 7, 2024
🔹 Nimbora's New Strategy
Nimbora has introduced a new DAI pooling strategy, currently offering more than 35% APR.
After months of hard work, laughs, and sweat...we're thrilled to present:
🥁 @Nimbora_ V2! 𝗢𝗺𝗻𝗶𝗰𝗵𝗮𝗶𝗻 𝟭-𝗰𝗹𝗶𝗰𝗸 𝗬𝗶𝗲𝗹𝗱 𝗦𝘁𝗿𝗮𝘁𝗲𝗴𝗶𝗲𝘀 🚀
Put your assets to work across multiple chains and maximize your yield opportunities with our 1-click #DeFi strategies… x.com/i/web/status/1…
— Nimbora (@Nimbora_)
12:07 PM • May 20, 2024
🔹 Launch of Ekubo Token
The Ekubo token is now live on Starknet. The supply distribution is as follows: 33% to the community (already airdropped), 33% to the team, and 33% to the DAO (to sold over the next 2 months). The total supply is 100% circulating.
$EKUBO is live
This is the **ONLY** place to read about it and claim your tokens: app.ekubo.org/$EKUBO
The distribution 👇🏽
— Ekubo (@EkuboProtocol)
3:43 PM • May 8, 2024
🔹 Braavos Daily Spending Limit
Braavos is demonstrating the power of Account Abstraction on Starknet once again by introducing 'Daily Spending Limit' feature. This feature adds an extra layer of security for your assets on Starknet.
Do you want the lowest gas fees and the most secure transactions on Ethereum?
Introducing: Daily Spending Limit.
Enjoy the lowest fees (<$0.002) for small transactions and biometric 2FA security for larger ones. x.com/i/web/status/1…
— Braavos - Starknet Wallet (@myBraavos)
10:45 AM • May 23, 2024
🔹 Alpha zone 💅
June is expected to see the launch of three tokens (and their airdrops) on Starknet: Carmine, ZKX (June 19), and Nostra.
Here are some new projects building on Starknet:
StarkBot, a Telegram trading bot
JoyBoy, a Decentralized SocialFi that combines the Nostr protocol with the native account abstraction of Starknet
Zohal (coming this summer), a Perp DEX on Starknet L2
Atemu World, a new gaming project
In terms of Mainnet and Testnets, Influence's Mainnet is set to launch on June 27, and several projects have launched their Testnets:
Force Prime, a game inspired by Heroes of Might and Magic (a tournament with a prize pool is currently running!)
x10, a new Perp DEX on StarkEx developed by the former Revolut team
Paved, with its fully autonomous daily challenge
zConqueror, a game incubated and developed by zKorp studio
Blob Arena, a game for holders of the Blobert NFT
WarpackMasters, a PVP inventory game
📰 Some of the Best Content of the Month
🔹 StarkWare's and the Foundation's plans for Starknet growth
The Starknet Foundation is more active than ever, supporting projects and developers, running the DeFi Spring program, and planning a new program for users. Meanwhile, StarkWare is pursuing its ambitious 2024 roadmap. Here's a summary of everything you need to know 👇️
As time goes by, the Starknet ecosystem is gradually taking shape and becoming stronger.
With an increasingly active @StarknetFndn, upcoming programs for users, and an ambitious 2024 roadmap, Starknet will soon be so back 🔮
Let's take a quick look at what's happening behind… x.com/i/web/status/1…
— Starknet_Digger 🐺🐱 (@Starknet_OG)
6:41 AM • May 29, 2024
🔹 DeFi spring overview
Speaking of programs, here's a comprehensive overview of DeFi Spring, the participating projects, and how to qualify for the (juicy) rewards 👇️
The @StarknetFndn is currently driving a DeFi campaign, offering (very) juicy APR boosts for Starknet liquidity providers!
This campaign is expected to last until October 2024, with 40M STRK to be distributed to the community.
What, when, how to ape 👇
— Starknet_Digger 🐺🐱 (@Starknet_OG)
9:20 AM • May 17, 2024
🔹 Starknet Summer
This summer will be hot, and Nurstar understands this very well. Here are the reasons why you should be active on Starknet in the coming months 👇️
x.com/i/article/1794…
— Nurstar.stark.eth ✨💍🦇🔊 (@0xNurstar)
8:56 AM • May 28, 2024
🔹 Starknet gaming sector
Starknet is known for its dynamic and constantly growing gaming ecosystem. Here is the Foundation's strategy to support this growth 👇️
all roads lead to gaming
games have been cooking at the beginning of the year
now everybody is talking about socialfi games
here's how Starknet is supporting and building their own, unique gaming ecosystem↓↓↓
— apix🎮 (@apixtwts)
6:43 PM • May 13, 2024
🔹 Account Abstraction Use Cases on Starknet
Starknet's Account Abstraction allows for many exciting use cases. Here are 10 of them. All the features mentioned are either already live or under development on Starknet 👇️
Account abstraction is the new way of building crypto wallets on Starknet, zkSync, or Ethereum.
There are many benefits to account abstraction. You might be surprised by what it enables you to do with your wallet!
Discover 10 concrete benefits here:
— Braavos - Starknet Wallet (@myBraavos)
8:36 AM • May 2, 2024
None of the content of this newsletter is financial advice. Always do your own research.
Thank you for reading, and see you in June for the next monthly recap ⏳
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