The moment you’ve been waiting for is here.

Scroll to learn about the outcome of the NSTR LBP, the criteria for Airdrop 1, the launch of Points Season 2, and details about NSTR trading going live on Monday 17 June, 2024.

NSTR LBP Outcome

We’re thrilled to announce the successful conclusion of our Liquidity Bootstrapping Pool (LBP) for NSTR!

• Funds Raised: $974,800

• Tokens Released: 5,452,944 NSTR

• Final Price: $0.21765

• FDV: $21,010,000

LBP buyers can redeem their NSTR on Fjord Foundry’s website.

The LBP was designed to provide a fair and transparent launch, and with over 5.4 million NSTR distributed, we’ve set a strong foundation for our community.

100% of the proceeds will go to the Nostra Treasury, governed and owned by NSTR holders, and will become protocol-owned DEX liquidity split between Ethereum mainnet and Starknet.

Also, the first 100 buyers who bought $100 worth of NSTR and didn’t sell during the LBP will be able to claim a commemorative NFT.

Thanks to your support, we have secured robust liquidity and ensured a healthy start for NSTR. NSTR will become tradable on Monday 17 of June at 14:00 UTC.

NSTR Airdrop 1 Criteria & Snapshot

The first airdrop allocates 11 million NSTR (11% of the total supply) for our users and active community members.The goal of distributing NSTR to the community is to decentralize the protocol and begin a governance process.

Here’s the criteria:

Users:

• 10 million NSTR (10% of total supply) is allocated to 217,789 participants of the Nostra Points Program Season 1.

• The Snapshot for the end of Points Season 1 matches the end of the NSTR LBP: Thursday 13 June 14:00 UTC.

• 217,789 participants who accumulated 298,715,000,000 points during Season 1 will receive NSTR linearly.

• Points Season 2 began at the same snapshot time as the end of Season 1. Nostra users are already accumulating Points for Season 2. More details below.

Active Community Members:

• 1 million NSTR (1% of total supply) is allocated to reward the Discord members who kept the server alive by actively participating.

• All Discord members with 20 or more messages from the creation of the server (28 July 2022) until Friday 7 June 2024 11 AM UTC were given the temporary role Famiglia.

  • A total of 577 Discord members qualified for the role.

  • NOTE: messages sent in the bg-gm and internal channels do not count.

• All Famiglia role holders were given access to a special channel on Discord where they could submit their wallets until Thursday 13 June, at 14:00 UTC (same date as the end of the LBP and Points Season 1 Snapshot).

  • Several reminders were sent to make sure active role holders submitted their wallets.

  • 308 Famiglia role holders submitted their wallets in time.

• The split of the 1 million NSTR is as follows:

  • 500K NSTR equally split amongst 308 submitted wallets.

  • 500K NSTR rewarded linearly based on the number of messages sent by the 308 Discord members who submitted wallets.

By recognizing both users and active community members, we ensure a fair and meaningful distribution for those who have supported us.

How to Claim the NSTR Airdrop

There will be no “airdrop checker”.

If you participated in Points Season 1, or if you submitted your wallet in time as an active Discord member, you will be able to claim.

All airdrop recipients will be able to claim NSTR on Starknet on Monday, June 17. A link to a claim page will be provided then.

NSTR from Airdrop 1 will be claimable until Friday 13 September 2024, 14:00 UTC. Unclaimed NSTR tokens will return to the protocol treasury.

And this is just the beginning!

Points Season 2 and Future Airdrops

We automatically launched Points Season 2, offering more opportunities to earn and engage with the Nostra ecosystem.

Season 2 will have different parameters from Season 1, so expect a different “points-to-NSTR” ratio.

Season 2 will run for at least 6 months, and started on Thursday 13th June, at 14:00 UTC. The final date, allocation, and criteria will be decided through governance in the coming months.

Here’s how you can participate:

• Collect Points: Lend and borrow in the Nostra Money Market, provide liquidity in Nostra Pools, and use Nostra swap to accumulate points.

• Boost Your Points: Early and active contributors will see their efforts pay off with boosted points and multipliers. We will release multipliers and boosted campaigns in the coming weeks.

• Active Community Members: Community members who keep the Discord server alive and promote Nostra on X during Season 2 will be considered for future airdrops.

  • The Famiglia Discord role from airdrop 1 has been deleted and must be earned for future airdrops.

  • The approach for measuring active Discord members in future airdrops could change compared to airdrop 1.

  • One thing is certain: active members will earn the Famiglia role and be rewarded.

Season 2 is all about rewarding continuous engagement and loyalty. Stay active and keep participating!

NSTR Trading Information

Mark your calendars for the beginning of trading on June 17, 2024, at 14:00 UTC. This event will officially launch NSTR into the open market.

NSTR will be available on both Ethereum and Starknet. All tokens will be unlocked at launch, ensuring a transparent and fair start.

Depending on external factors like oracles and price feeds, NSTR will be added to Nostra Money Market and Nostra Pools shortly after.

This marks a significant milestone in our journey. We look forward to your participation and support as we continue to grow and innovate.

Closing Words

The goal of launching NSTR and distributing it to the community is to decentralize the protocol and begin a governance process where active members of the Nostra DAO can participate in the future growth of Nostra, as we continue to build the crypto super app.

Join us as we embark on this exciting new chapter with NSTR.

Make your voice heard on the governance forum. Together, we are shaping the future of decentralized finance.

Stay tuned for more updates and opportunities to engage with Nostra!

Most importantly, only click on links provided by the official social media handles of Nostra.