What is Star Network?

Preston Tylor
3 min readOct 31, 2021

First….

Maybe you have heard of it, maybe you haven't. Star network is the future of social DeFi. Star Network is a social network with payment function for users to store, grow and transfer your Star balance with your peers. It is also the future’s decentralized finance platform with exchange, borrowing & lending, wallet & payment functions.

The Future Of DeFi

Keep it Real. No More Robots

You have full faith in a new DeFi project which rewards you based on the new users you referred. You worked hard pitching all your friends to share the same faith with you. Then you realize another person in the 3rd world using low-tech tools to create numerous fake accounts and register as his “referee”. His balance surpasses you by miles, and then he passed KYC himself.

What a heartbreaking moment. Sadly, lots of other DeFi projects have not tackled this root cause of unfairness and reward scam users with high balance.

Not the same in Star Network. Star Network is a referral-only network with KYC features to ensure user’s validity. You earn “Nominal balance” from all users joining your team. However, only balance contributed from KYC-ed users will be converted as your “Realized balance” where you can withdraw or transfer after yourself passing KYC.

This means for scam users who fraud by creating fake accounts, these fraudulent balances can only be “Nominal balance” which has no value as they can never be realized.

Future DeFi Projects

  1. Decentralized Financing

2. Borrow and lend fiat money or financial assets easily. Earn Up to 30% p.a.

3. Decentralized Wallet & Payment

4. Pay and receive fiat money or financial assets seamlessly.

5. Decentralized Exchange

6. Buy and sell financial assets securely without intermediaries.

7. Decentralized Financial Infrastructure

8. Issue our own crypto-fiat debit card. Enjoy Lifestyle Benefits. Members will get free access to digital services and exclusive offers with merchants.

What is Star Network and Star?

Star is a digital currency that you can earn from Star Network.

Star Network is a social DeFi (decentralized finance) network) which enables users to connect and earn, store and transfer your Star balance to your peers. Star Network will also continue its development to be an one-stop DeFi platform with currency exchange, borrowing & lending, wallet & payment functions.

How do I know that Star Network is not a scam?

Star Network is a revolutionary project in decentralized finance led by a team of genuine DeFi enthusiasts. Although its success is not hundred percent guaranteed, it is our entire community’s aspiration to make it happen. However, Star Network will never require users to make any payment to us for participating in our project. We also discourage users from trading Stars with fiat money before Star is officially listed on major exchanges.

ALL IN ALL Star Network is a revolutionary DeFi project with a lot of potential in the near future! Learn more today!

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Preston Tylor

My personal finance and self-help blog, showing ways to make money online while promoting proper health and financial freedom!