Aleph Zero’s Website: https://alephzero.org/
Aleph Zero’s Social Media: Aleph Zero Community - Aleph Zero: Public Blockchain with Private Smart Contracts
Starlay Finance is excited to propose a further expansion of our cross-chain lending platform. This time, beyond the Astar Network, we are looking to extend our reach into the Aleph Zero ecosystem. The final decision will be determined by a community vote among Starlay stakeholders.
Deploying our platform across multiple parachains is key to leveraging the potential of Polkadot’s Cross-Consensus Message Format (XCM) functionality. As a promising first step, we are proposing to bring Starlay to Aleph Zero. This expansion aims to broaden the user base in a manner that benefits all parties - Aleph Zero, Astar Network and Starlay Finance.
Our focus will be on the development of Starlay WASM on Aleph Zero.
Please note that the development of XCM-related functions is not included in this scope because it depends on the core development schedule of Polkadot and Parachains.
The proposed expansion of our lending protocol to Aleph Zero will serve to diversify DeFi offerings within the ecosystem, attract new users with our cross-chain functionality, and enhance the overall user experience.
In order to facilitate this expansion, we require the grant from Aleph Zero for development, customization for their ecosystem
We project that the implementation of our lending protocol on Aleph Zero will take approximately three weeks once after we complete our WASM development and audit
Recognizing potential risks such as technical glitches and security vulnerabilities, we plan to mitigate these by conducting rigorous testing and comprehensive security audits.
Upon approval from the Starlay community, we will commence with customization for the Aleph Zero ecosystem and advance with the project.
Snapshot Voting: July 19, 09:00 UTC - July 22, 09:00 UTC.
YAE - Approve the proposal
NAE - Reject the proposal