StarkNet-based decentralized finance (DeFi) protocol Nostra (NSTR) has proposed a governance proposal to migrate liquidity from its Uniswap v3 pool on the Ethereum mainnet to a StarkNet NSTR/USDC Nostra pool on StarkNet. The move aims to improve liquidity on StarkNet, allowing for faster and cheaper transactions. The proposal, which was put forward on January 10, 2023, suggests that the migration would take place in two phases. In the first phase, 50% of the liquidity from the Uniswap v3 pool would be moved to the StarkNet pool. The remaining 50% would be migrated in the second phase, following a review of the results of the first phase. The proposal notes that the migration would bring several benefits to Nostra users, including: Reduced transaction fees: StarkNet's layer-2 scaling solution offers significantly lower transaction fees compared to the Ethereum mainnet. Increased transaction speed: StarkNet can process transactions much faster than the Ethereum mainnet, reducing latency and improving user experience. * Enhanced security: StarkNet utilizes zero-knowledge proofs to enhance the security of transactions on the network. The proposal will be open for voting until January 11, 2023, at 9:08 PM (Korean time). If approved, the migration is expected to take place in the coming weeks.

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