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Nostra Finance
Airdrop
Past
01 Jan 2024 - 30 Aug 2025
Nostra is a crypto super dApp built on StarkNet with over 68% ($211M) of the total StarkNet TVL. It combines all major DeFi tools including lending and borrowing, liquid staking, stablecoin $UNO and more. The platform’s governance is powered by the native $NSTR token, a major role of which is to grant users with access to the DAO votings.
On 4th June, 2024, the platform confirmed airdrop for early adopters, allocating over 11% of the total supply for the contest. Since the deadline of the campaign is 13th June, 2024, you are still able to participate in the Nostra airdrop. Hence, our team decided to provide you with the best steps on how to participate in the Nostra finance airdrop.
CoinLaunch Score:
Last update:
Medium
06 Jun 2024
Nostra Finance - Airdrop Overview
start date:
01 Jan 2024
end date:
30 Aug 2025
Reward Distribution:
31 Aug
More about Nostra Finance
Reward
N/A
Reward Pool:
11000000 NSTR
Winners:
N/A
How to join Nostra Finance - Airdrop?
To participate in the Nostra airdrop, you need to have a web3 wallet supporting the StarkNet ecosystem, such as Argent X or Braavos, and deposit any amount of funds.
For more information about the Nostra Points campaign and airdrop, you can refer to its docs.
❗️We recommend you deposit funds in $STRK and $ETH since you will need them to pay the gas fees for utilizing the StarkNet chain network.
Then, visit the Nostra app and engage with the platform's DeFi tools, such as the lending protocol and liquid staking protocol, etc.
The point rewards for engaging with each DeFi tool are:
- Lending
Per each dollar lent on Nostra, you receive 1 Nostra point daily if lending stablecoins and 2 points daily if lending other assets.
- Borrowing
Once you have lent the assets to the Nostra protocol, you are able to borrow assets from the platform in order to earn even more Nostra points:
- 4 points per dollar daily for borrowing stablecoins
- 16 points per dollar daily for borrowing volatile assets
- ❗️Multipliers for Lending & Borrowing
Additionally, to points for lending and borrowing assets mentioned earlier, you receive a Nostra points multiplier when borrowing or lending assets for longer than one week. The formula for calculating the multiplier is:
Multiplier = (1 + 10% * number of weeks)
Along with the duration multiplier, you will receive another 10% bonus point increase if you lend the asset with the highest supply APY and borrow the asset with the lowest borrow APY. If doing both at the same time, you will earn a 20% bonus point increase.
- $STRK Liquid Staking
Stake your $STRK tokens on Nostra and receive the nstSTRK token in exchange to earn an additional APR for staking and utilize the token on the platform. The point rewards are:
- 2 points per dollar daily for lending nstSTRK
- 8 points per dollar daily for borrowing nstSTRK
- 5 points per dollar daily for providing liquidity to the $STRK/$nstSTRK pool with nstSTRK tokens.
- Providing liquidity
Depending on the pool type, you can earn up to 10 points per $ daily for providing your tokens into the LP on Nostra. The reward points are:
- 2.5 points per $ per day for stable / stable pool;
- 5 points per $ per day for volatile / volatile pool;
- 10 points per $ per day for volatile / stable pool.
Additionally, you receive up to 4x points multiplier if providing the liquidity to the various number of LPs available on the Nostra. Read more about the Nostra Liquidity multiplier here.
- Referrals
You can earn 10% from each referee's points by inviting them via the referral link, while the referee itself earns a 5% lifetime bonus to its points balance.
If you still haven’t joined Nostra and want to receive a 5% lifetime points bonus, use our referral link.
- 🔥 Best staking routes with Nostra:
Considering a wide range of ways to farm the Nostra points, our team decided to offer some most effective staking routes for participating in the Nostra airdrop. Here’s some of them:
- $STRK staking + Nostra LP: Stake half of your $STRK tokens in exchange for $nstSTRK, then provide those $nstSTRK tokens to the LP pool in pair with any stablecoin in order to earn $STRK staking APR + 10 Nostra points per $ daily + StarkNet DeFi Spring rewards.
- $STRK lending + Borrowing: Lend the your $STRK on Nostra and borrow $STRK tokens to earn Nostra lending points + Nostra borrow points + StarkNet DeFi spring rewards.
Here is the point section view:
Track your progress on earning points on the Nostra dashboard.
Step-by-step Guide
Download any web3 wallet, supporting StarkNet chain network. The most popular options are Braavos and Argent X;
Deposit there any amount of funds (we recommend deposit fund in $STRK or $ETH to pay the fees on StarkNet);
Engage with the platform’s DeFi tools, following our guide in “how to join block;
Wait until the launch of $NSTR;
Receive your tokens.
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