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In-depth analysis of the top ten potential projects in the Starknet ecosystem
Overview of the Top Ten Promising Projects in the Starknet Ecosystem
Starknet, as a decentralized L2 protocol based on ZK-Rollup technology, is emerging in the Ethereum ecosystem. It employs the STARK cryptographic proof system, providing limitless scaling possibilities for decentralized applications while maintaining Ethereum's composability and security. Starknet's smart contracts are written in the Cairo language, supporting the deployment of various complex business logic.
Many promising projects have emerged in the Starknet ecosystem. Here are ten representatives worth paying attention to:
1. Argent X Wallet
Argent X is a decentralized wallet that features multi-signature security and social recovery capabilities. It eliminates the need for users to remember seed phrases, protecting assets through multi-factor authentication. Argent recently announced the launch of new products including seedless wallets, 2FA functionality, mobile Starknet support, and multi-signature solutions for DAOs.
2. Braavos
Braavos is a self-custody wallet based on Starknet smart contracts, supporting iOS, Android, and browsers. It aims to provide a user experience similar to Web2 and is developing a mnemonic-free account recovery feature. Braavos also plans to offer services such as staking and lending, and supports account segmentation to differentiate between long-term savings and daily expenditures.
3. Orbiter Finance
Orbiter Finance is a decentralized cross-rollup Layer 2 bridge that supports low-cost instant transfers between networks such as Ethereum mainnet, zkSync, and Arbitrum. It ensures transaction security through smart contracts and has a margin mechanism in place to handle potential malicious behavior.
4. StarkGate
StarkGate is the official token bridge connecting Ethereum and Starknet. It supports the transfer of ETH and ERC-20 tokens between L1 and L2, utilizing Starknet's messaging mechanism for secure communication.
5. ZKX
ZKX is the first perpetual futures exchange on Starknet with self-custody and community governance. It aims to provide better scalability and trading experience through a decentralized node network. ZKX is committed to offering perpetual swaps and derivative trading services to global users.
6. zkLend
zkLend is an L2 currency market protocol built on Starknet, combining the scalability of zk-rollup with the security of Ethereum. It offers compliant solutions for institutional clients and permissionless services for DeFi users.
7. Starknet ID
Starknet ID is similar to the ENS version of Starknet, allowing users to mint their own on-chain identity for free. Users can attach various data to their Starknet ID, including social media accounts and ENS domain names.
8. JediSwap
JediSwap is a permissionless AMM protocol on Starknet. Users can swap tokens with zero gas fees without losing control of their funds, only paying a 0.3% trading fee to liquidity providers.
9. Nostra
Nostra is building a liquidity layer for Starknet, including three core products: a money market, the native stablecoin UNO, and a decentralized exchange.
10. Brine
Brine is a cross-chain decentralized exchange that uses an AMM-based order book model to address slippage issues. The platform charges a fixed trading fee of 0.1%, but does not charge gas fees.
These projects showcase the diversity and innovation of the Starknet ecosystem, covering multiple areas such as wallets, cross-chain bridges, DeFi, and NFTs, laying a solid foundation for the future development of Starknet.