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The Defiant 2024-12-16 21:00:34

Starknet Launches On-Chain T-Bill MMFs, Achieves 100M STRK Staked, Leading in RWA Innovation and Decentralization

Starknet has announced significant advancements in its ecosystem, including the launch of Spiko's on-chain T-Bill money market funds (MMFs), marking a milestone in real-world asset (RWA) innovation and treasury management. The platform is highlighted as having the most decentralized stack among Layer 2 (L2) solutions, and second overall when including Layer 1 (L1) blockchains, trailing only Ethereum. Additionally, Starknet has achieved a notable milestone with 100 million STRK tokens now staked, emphasizing community engagement. The Starknet ecosystem is described as rapidly evolving, characterized by its speed, cost-effectiveness, and a robust grassroots network of builders supported by proven infrastructure that has secured over $1 trillion in cumulative volume on Ethereum. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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