Astaria

What is Astaria?

Astaria is an oracle-less, intent-based, fixed-rate lending protocol that supports unlimited loan durations for any asset. Borrowers sign gas-free messages specifying their desired loan terms, using any ERC-20 or NFT as collateral to borrow any ERC-20, while lenders monitor the intent feed and permissionlessly fill intents that meet their risk parameters. When lenders want their capital back or believe a loan is too risky, the loan is sent to recall (liquidation), and Astaria submits a new intent on behalf of the borrower, who can either see new loan offers or repay the loan.

Benefits of using Astaria

Astaria provides blockchain users with a seamless and efficient way to unlock liquidity from their NFTs or ERC-20 assets without relying on traditional oracles, enabling greater flexibility and control over their assets. Borrowers benefit from gas-free intent signing and the ability to access loans with customizable terms, while lenders gain access to a decentralized marketplace where they can assess and fulfill loan requests based on their own risk preferences. The protocol’s recall mechanism ensures that capital remains dynamic, allowing users to manage liquidity effectively while maintaining transparency and decentralization.