Liquity Introduces Cost-Effective Borrowing Solution on StarkNet
The Liquity community has welcomed a new integration developed by Nimbora that allows borrowing LUSD on the StarkNet layer 2 network. This solution offers several advantages over borrowing on the Ethereum mainnet, including lower gas costs, no minimum loan requirement (compared to $2,000 on mainnet), and access to a growing ecosystem. Additionally, LUSD borrowers will benefit from the StarkNet DeFi Spring initiative, receiving STRK token incentives while enjoying near-zero gas fees.