Eli Ben Sasson Live at Permissionless: Starknet Ecosystem Updates

In a recent live session at Permissionless, Eli Ben Sasson, co-founder of StarkWare and a key figure in the Starknet ecosystem, shared exciting updates about the future of Starknet. This event, hosted by The Rollup, provided a glimpse into the innovative projects and developments shaping the Starknet landscape.

Key Highlights from the Discussion

Eli Ben Sasson highlighted several upcoming projects that are set to revolutionize the Starknet ecosystem. Here are the key points from his discussion:

Lending Protocols and DeFi Innovations

One of the major announcements was the introduction of new lending protocols within the Starknet ecosystem. Sasson mentioned Vesu, a permissionless zk-native money market protocol that enables secure under-collateralized loans. This development is poised to enhance the DeFi sector by providing retail investors with more accessible and secure lending options.

Extended App and Revolut Backing

Another significant update was the upcoming launch of Extended App, a project backed by Revolut and developed by former Revolut team members. This app is expected to bring a new dimension to the Starknet ecosystem, leveraging the expertise and resources of Revolut to create a robust financial platform.

Perps Exchange and DeFi Growth

Sasson also discussed the integration of a perps (perpetual futures) exchange into Starknet, which is a big step forward for the ecosystem. This exchange will complement existing platforms like Layer Akira and Remus DEX, further expanding the DeFi offerings on Starknet. The addition of these platforms is expected to drive significant growth in the DeFi sector, attracting more users and liquidity.

Argent's Transformation into Ready

Lastly, Sasson touched on the rebranding of Argent into Ready, which is now venturing into the neobank space. This move signifies Argent's evolution from a traditional crypto wallet to a more comprehensive financial service provider, utilizing Starknet's technology to offer innovative banking solutions.

Implications for the Starknet Ecosystem

These updates indicate a vibrant and rapidly evolving Starknet ecosystem. The introduction of new lending protocols, the backing of established financial entities like Revolut, and the expansion of DeFi platforms are all signs of Starknet's growing influence in the blockchain and cryptocurrency space. Moreover, Argent's transformation into a neobank highlights the potential for Starknet to intersect with traditional finance, creating a bridge between crypto and fiat systems.

Conclusion

Eli Ben Sasson's live session at Permissionless provided valuable insights into the future of the Starknet ecosystem. With new projects like Vesu, Extended App, and the perps exchange, Starknet is poised for significant growth and innovation. The rebranding of Argent into Ready further underscores the ecosystem's ambition to integrate with broader financial services. As these developments unfold, the Starknet community and beyond will be watching closely to see how these innovations shape the future of decentralized finance.

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