Over the last year, the Nostra ecosystem has continued to maintain its position as the number 1 DeFi app on Starknet and commenced the expansion onto EVM with the launch on Monad testnet.
This proposal asks NSTR token holders to re-elect Nostra Labs as the DAO’s primary service contractor for another 12-month term, so that we can keep our momentum and take Nostra to the next level of multichain dominance.
Key milestones (July 2024 - June 2025)
Milestone
Date
Result
Money Market rewritten & audited for EVM
Nov 2024
Unlocks deployment to any EVM‑compatible chain; audit conducted by Spearbit
I’m interested in the 2.5 million dollar expenditure forecast. Why are we discussing this number?
Additionally, I’d like to know how much the DAO treasury currently holds.
Finally, I’d like to understand the benefits that NSTR holders have received. As of now, only Nostra Labs and their coworkers have benefited from our investment, and nothing has come to the investors, not even considering the token price decline.
I am satisfied with the current team and the expansion into EVM. I will vote yes.
Some thoughts for the future:
Besides Monad, I would like to see Nostra deployed on Hyperliquid. While I’m bullish on Monad, we don’t know when they’ll release mainnet (hope soon). I would like the dev team to consider deploying in other chains where we can generate revenue now.
Regarding NSTR, as soon as the first EVM deployment happens, we should start a governance process to decide what will be the use case of NSTR, beyond pure governance. Several ideas have been considered so far, so we have stuff to work with. Of course, I understand this is non priority at the moment, first we need to expand products and increase revenue. Keep up the good work!
Hello,
I believe that Nostra Labs is the best candidate to become the service contractor for the next 12 months. This is supported by impressive financial results over the past 12 months and I am sure it will further improve with exposure to Monad and other chains.
My understanding is that the $2.5 million is actually a compensation cap. Any extra revenue earned by the products will be directed to the DAO treasury, instead of to Nostra Labs.
Looks like I’m a little late to the party here, but all the same I’d like to voice my support for Nostra Labs. They’ve done a great job building up the product since day one, and clearly have aspirations to continue to grow the product and revenue in such a manner that both they, as a private corp, and the DAO stand to benefit.
I’m interested to see what Nostra could do on EVM L2s like Polygon, Optimism and Arbitrum (and their tech stack counterparts) to grow more mindshare and revenue.
