Nostra Revenue Report Summary (Oct - Dec 2024)

We are excited to share the revenue results for Nostra from October to December 2024, with a total revenue of $180,379.51. This includes:

  • Money Market Revenue: $103,030.93, with significant contributions from ETH, USDT, USDC, and STRK.
  • Liquidation Revenue: $68,828, driven by high market volatility, leading to increased liquidation activity.
  • Staking Revenue (nstSTRK): $8,520.57 from STRK staking.

Nostra continues to generate revenue, and we are hugely excited about what’s ahead. With reduced borrowing rates on key assets and ongoing discussions with RWA providers and institutional custodians, we expect the money market to see increased TVL, borrowing, and utilization rates, leading to even higher revenues in the next quarter.

Furthermore, with Nostra’s expansion on to Monad this year, we expect considerable revenue growth from our multichain efforts, strengthening Nostra’s status as a dominant protocol in DeFi and broadening our user base.

Nostra’s future is bright, and we are excited to continue sharing our journey with the community!

All in.

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Great stuff! Are you looking to implement a fee switch functionality for NSTR token holders?

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Great question!

There’s currently an open discussion within the community around implementing a fee switch and exploring how to effectively use the protocol’s revenue. Right now, Nostra’s revenue is helping to sustain and grow our operations.

To accurately project and implement a fee switch for NSTR token holders, we’ll need to see continued revenue growth and greater stability. That said, it’s something we’re keen to explore more closely in the future as the protocol evolves.

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