Astaria

Is Astaria a secure platform?

Astaria employs commercially reasonable safeguards to protect user data and transactions, though it acknowledges that no system is completely immune to breaches. The protocol uses decentralized mechanisms for matching intents and executing loans, minimizing reliance on intermediaries. Users should exercise caution as internet transmissions are not encrypted, and they must approve transactions securely through their wallets.

How to use Astaria?

To use Astaria, borrowers sign gas-free messages outlining their loan terms and submit them to the intent feed, while lenders monitor the feed to fulfill intents that match their preferences. Users need to connect their wallets, approve collateral tokens, and specify parameters such as collateral type, loan amount, interest rate, and Loan-to-Value (LTV) ratio. Once matched, loans are executed automatically, with borrowers able to repay at any time.