Lending Protocol Nostra Launches StarkNet-native Stablecoin $UNO

Lending protocol Nostra announced the launch of $UNO, a StarkNet-native USD stablecoin. $UNO is overcollateralized and can only be minted using $ETH collateral. Minters can continue to earn interest on their collateral to reduce the chance of liquidation. Nostra will not charge minting and burning fees. In addition, $UNO will be available to lend and borrow on the Nostra money market.
Source

DeFi

Stablecoins

Lending

Layer 2

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