Starbase 2021 Resolutions

Eugene Lee Youjin
Starbase
Published in
4 min readJan 12, 2021

--

Happy New Year! This 2021 is going to be a big year for Starbase!

As part of our mission to make our project reach to greater heights, we have embarked on Roadmap 2.0. This is in response to the changing market conditions that necessitate the shift in business strategy.

Nonetheless, the goal of making STAR token take off is still the main focus.

And now that the required documentations are signed, we can confidently announce Starbase’s resolutions for the year 2021 and how it fits in the overall token strategy!

In 2021, Starbase resolves to carry out the following:

  1. Roll out our new platform
  2. Database of Professional Trading solutions
  3. Officially Launch Starbase Rewards
  4. STAR staking Lucky Draw

Let’s look deeper into these resolutions:

  1. Roll out our new platform

Now that the agreements are signed, Starbase and B2Broker (technology provider) will start the hand/takeover process where Starbase will start with our internal test of our procedures in the running the platform. This is to ensure that there will be a smooth user experience; as such, besides an alpha test, we will also be conducting beta testing with select members of our community.

We take this opportunity to open applications for beta testers and, if selected, you will be working with us closely for the benefit of the rest of the community. More details for the beta tester qualification will be released at the appropriate time after our alpha phase.

2. Database of Professional Trading Solutions

In an effort to synergize with our new platform, we will begin attracting professional traders to trade on our platform and offer an opt-in record keeping of their performance. This will purely be a platform of information gathering and exchange that uses STAR as a medium.

It is not meant to be taken as an advisory platform. Rather, the information is taken as a data point and it is up to the user to decide what they want to do with the data.

3. Officially Launch Starbase Rewards

As mentioned in our previous post, the Starbase Rewards page is ready to be populated with rewards that you can get using your STAR tokens. As a STAR holder, you will be able to get items at a discounted rate.

For this year, we will officially populate the page with attractive rewards for all STAR holders to enjoy.

Additionally, we intend to hold our first auction on the site to increase the utility of the STAR token! So get your STAR tokens ready for this!

4. STAR Staking Lucky Draw

Alternatively, you can stake your STAR in your wallet to qualify for lucky draw where we will get a bunch of goodies and put it up for a draw! The more, and longer, you stake your STAR token, the more opportunities you will get on the draw. More details will be released when ready.

We would like to thank our community member for this suggestion and we hope that you will find the concept of this lucky draw exciting!

  • Note: while we take all effort to make things happen as we describe above, Starbase will have to (and intend to) comply with any and all existing regulations. As such, some details may be modified to make that resolution applicable for public use.

Last but not least, we end this blog with an exciting announcement from our dev team: We have added a new function to add STAR on Metamask directly on our site for you to get your STAR tokens easier!

Chainlink Integration

As part of our initiative of increasing the STAR liquidity, we started to work to integrate Chainlink.

The Chainlink Network provides tamper-resistant and high-quality price feeds furthering the growth of DeFi.

Why Chainlink? We know there are few great competitors that could improve the profit of STARs in the DeFi environment, however, even considering going with Tellor, DIA, and Cosmos ($33 million, $37 million, and 150$ million of Marketcap, respectively), we decide to prioritize the most stable option moving forward only with Chainlink.

Chainlink provides and enables a safer and reliable way to exchange information among decentralized applications (dApps) and the blockchain.

Website improvements

We have added new Metamask buttons which will offer a seamless STAR tokens addition in your wallet.: No need to copy and past the STAR token contract address anymore.

You just simply click on “Add STAR to Metamask” and it will make the magic for you.

Following our commitment with the user experience, we improved the Uniswap button with a brand new integration with Uniswap 2.0 that will allow holders to trade STAR/ETH on Uniswap 2.0 safe and sound.

Check it out on our NEW website! Starbase.co

The above developments are part of our efforts to make STAR tokens more assessible in preparation for our 2021 resolutions and beyond!

So this is Starbase’s 2021 resolutions! We look forward to Skyrocket our project with these efforts. With the increased utility and volume of STAR movement in the markets, it is also part of our listing strategy to get listed on the big exchanges.

We wish you a great year ahead and look forward to achieving our resolutions!

Towards a Skyrocketing future!

Feel free to reach the Starbase team on:
Website: starbase.co
Twitter: twitter.com/StarbaseCo
Telegram: t.me/starbase

--

--