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

🔹 5 new support programs available on Starknet

  1. The Catalyst program, aimed at aiding Starknet projects' growth (20M STRK tokens)

  2. The Seed Grant program, designed to assist developers and builders in initiating their project on Starknet (5M USDC)

  3. The Wolf program, created to support developers and content creators in their quest to expand the ecosystem (5M STRK tokens)

  4. The Nethermind program, which supports products and applications on Starknet at any development stage ($1M)

  5. 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.

🔹 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:

📢 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/

🔹 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.

🔹 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).

🔹 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!

🔹 Nimbora's New Strategy

Nimbora has introduced a new DAI pooling strategy, currently offering more than 35% APR.

🔹 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.

🔹 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.

🔹 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 👇️

🔹 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 👇️

🔹 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 👇️

🔹 Starknet gaming sector

Starknet is known for its dynamic and constantly growing gaming ecosystem. Here is the Foundation's strategy to support this growth 👇️

🔹 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 👇️ 

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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