Providing Liquidity for LAY

[Morris]

Thank you @nancheng for the post below. Please let me share in this forum thread too.

Next Actions -- Starlay Finance

I think funding is needed. The ASTAR ecosystem requires native lending protocol. This helps activate the whole ecosystem. Starlay have the largest lending TVL in ASTAR. It was clear that the core team could not sustain Lay’s price in the preliminary stage. The collapse of Lay prices will directly affect the entire lending system, which in turn will have an impact on the entire ASTAR ecosystem such as arthswap. This money is more likely to contribute to ecosystem development than just a superf…