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Nostra Finance Raises $974,800 Through Fjord Foundry's Liquidity Bootstrapping Pool

14/06/2024 10:36

According to Odaily, Nostra Finance, a DeFi protocol in the Starknet ecosystem, has announced that it has successfully raised $974,800. The funds were raised through Fjord Foundry's Liquidity Bootstrapping Pool (LBP). As a result of the fundraising, 5,452,944 NSTR tokens were released, with the final coin price being $0.21765. This corresponds to a Fully Diluted Valuation (FDV) of $21.01 million. Nostra Finance is part of the Starknet ecosystem, a decentralized finance (DeFi) protocol. The successful fundraising through Fjord Foundry's LBP marks a significant milestone for the protocol. The funds raised will likely be used to further develop the protocol and expand its services within the Starknet ecosystem. The release of 5,452,944 NSTR tokens and the final coin price of $0.21765 indicates a positive response from investors. The FDV of $21.01 million further underscores the potential and value that investors see in Nostra Finance. The successful fundraising and the subsequent release of NSTR tokens highlight the growing interest and investment in DeFi protocols within the Starknet ecosystem.

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