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The nASTR token, originating from Algem's liquid dApp Staking, serves as collateral on Sio2 Finance, a cross-VM lending protocol operating on the Astar network. This collateral can then be leveraged to secure loans of various other assets.
SiO2 Finance is the multi-VM lending hub on Astar for Polkadot. Silicon dioxide (SiO2) is an oxide of Silicon and the major component of crystal, the purest gem in the natural world.
SiO2 Finance is designed to serve the Astar/Polkadot community with the best user experience, easy-to-use one-click features, and transparent governance.