Solster Finance

What Is Solster Finance(STR)? Complete Guide Review About Solster Finance.

What Is Solster Finance(STR)?

The past few years have seen decentralized finances getting democratized for millions of users. As an impact, many experienced centralized traders have entered the cryptocurrency market with decentralized exchanges. Since cryptocurrencies have been a driving fuel for Total Value Locked (TVL) in DeFi, there’s been exponential growth in it in the last one year. Solster Finance will grow DeFi exponentially to flourish the crypto economy. The ecosystem will eases up investing in decentralized finances and make it easily accessible for everyone. It will also ensure the new crypto projects have a seamless fund raising through the vast community in a decentralized manner.

Solster Finance Storage Key Points

Coin BasicInformation
Coin NameSolster Finance
Short NameSTR
Circulating SupplyN\A
Total Supply100,000,000
Source CodeClick Here To View Source Code
Explorers Click Here To View Explorers
Twitter PageClick Here To Visit Twitter Group
WhitepaperClick Here To View
Official Project WebsiteClick Here To Visit Project Website

Why Build Solana Blockchain Powered Solster Ecosystem?

Solster Finance rapid growth in decentralized finances in the past few years has helped many Ethereum based platforms spring to life. However, the volumes of transactions in DeFi have always led to scalability issues. The Ethereum networks are congested, slow, and expensive at the same time. Developers have been trying to solve scalability complexities for a long period.

Some blockchain solutions as Binance Smart Chains have tried to solve the scalability problems existing in the market. But they also need a fair bit of improvements in making the ecosystem fast-paced, safe, affordable, fair, and decentralized. It is where Solster Finance think of the Solana-based Solster ecosystem as a perfect fit against the existing DeFi problems.

Solana Market

A few blockchain experts and critics claim Solster Finance will never reach the level of Ethereum as it covers a significant market pie (being one of the best blockchain networks in DeFi). That said, Solana is still making its place despite receiving the low media attention. Some of Solana projects have become the highest market cap projects in DeFi. Take a look at the projects below:

  1. Solana – $7B Market Cap
  2. Oxygen – $300M Market Cap
  3. Serum – $250M Market Cap

Solster Ecosystem Solutions for DeFi

  1. Informative Launchpad Application: IDO application form will have everything listed on it — competitive price, application timeline, defined timescales, and documentation.
  2. Equal Opportunity for IDO Investment: This coin offer healthy opportunities to private and public sales investors by limiting the investment cap. It’s undertaken in a fair approach to purchase IDO tokens.
  3. Optimistic Growth: Limited number of IDO token allocation to individual and calculated locking
    period will helps to control the token supply in market and protect the investor’s investment for long term.
  4. Guaranteed Allocation to All Participants: The hallmark of the Solster Launchpad is a two-round system that makes every tier level guaranteed token allocation.

The current State of Project Launches on Solana

Projects on Solster Finance are no different than those launched on famous blockchain networks such as Ethereum and Binance Smart chain. Across all the three blockchain, there persists a lack of fairness and decentralization, especially when it’s about fundraising of projects. For the past six months, many Solana projects have grown with immense valuation, especially in short duration. The massive growth validates the demand for Solana based projects.

Solster Finance of the aspects surrounding these projects is that all these projects were launched through FTX Initial Exchange Offerings (IEO’s).FTX is a top centralized exchange (CEX) backed by Medal Research (a top quantitative hedge fund). It has been one of the main advocates of Solana blockchain. Solana offers an alternative way for projects to fundraise allocations in a decentralized manner. It’s allocated to the audience outside of FTX.

Let’s Know Solster Ecosystem In detail

Solster Finance is beyond just being a platform. It’s an integrated ecosystem that introduces an all-in-one solution to launch and manage decentralized finances. It supports all the major Solana-based wallets along with your inline wallet management system. The UI and UX are at top priority for coins Solster Projects as they believe aesthetically designed interfaces are the key for seamless user-experience. The portal will integrate a launchpad for decentralized fundraising for new Solana based projects needing liquidity at the start in a fair manner. Further, it will have DEX, token swapping, staking, vesting & other capabilities that all cover later in depth.

Fair & Unbiased Distribution

Solster Finance launchpad promotes 100% fair & unbiased funds distribution within the projects. The fund distribution is based on simple tiers and the amount of STR tokens they hold. This company simple tiered system ensures funds get allocated to all the new Solana-based crypto projects. Solster launchpad doesn’t work like traditional launchpads where one comes and clicks the first approach.

Decentralized Exchange (DEX) for Crypto Trading

Solster Finance unveils a fully functional decentralized exchange. It’s forked using project Serum with a custom Solster GUI. Many serum repository-based hosted front-ends allow crypto trading. But Solster. supports custom GUI that presents unique features such as:

  • Grid manager,
  • Transaction manager,
  • Display of rich data fetched from serum API & others.

Token Swapping

Solster Finance uses an easy approach to exchange/swap SPL tokens for another token. Users will be charged a paltry cost of 0.2% trading fee for swapping one token for another of which 0.15% shall be redeposited into the liquidity pool. This redeposited amount in the pool will be used as a reward for liquidity providers. 0.05% of it will be sent to the staking pool and act as reward for staking STR tokens.

The swapping is done through the Smart Contract (SC) protocols. The SC protocol fastens and cheapens the entire process. The protocol will generalize all transactions. Here all the target blockchain is proof of work. Also the target blockchain can simulate the hash of Solster Finance Blockchain for full cross-communication to support Smart Contracts. It should make the entire token swapping process a seamless activity for the DeFi ecosystem.

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