What is Astroport (ASTRO)? Detailed information from A to Z of Astroport and ASTRO Coin projects
When it comes to DEX platforms on Terra, many people will think of Terraswap. However, one of the DEX projects that has received a lot of attention recently with the rapidly increasing number of TVLs is the Astroport project. So what are the highlights of Astroport (ASTRO), let's find out details with Hay Mod Game in this article.
What is Astroport (ASTRO)?
Astroport (ASTRO) is an automated market-making (AMM) DEX platform, running on the Terra Blockchain . The project is considered by many to be a more complete version of Terraswap ( the first AMM on Terra, simpler). It's not difficult to understand because Astroport is backed by Dephi Digital, one of the investors who has a lot of experience in Crypto's AMM segment.
Astroport Project Highlights (ASTRO)
Instead of fork Uniswap , Astroport has combined 3 Pool forms of Uniswap v2, Balancer and Curve . This helps users who trade or provide liquidity (Liquidity Providers – LP) to find the right Pool for them. Those Pools are:
- Constant Product Pools
- Stableswap Invariant Pools
- Liquidity Bootstrapping (LBP) Pools
Astroport not only combines and inherits the advantages of today's famous AMMs, but also uses the tokenomic mechanism of Sushiswap and Curve with the xASTRO token - ASTRO key to participate in governance.
With the Constant Product Pool, 0.2% of the fee will be divided by LP, 0.1% will be divided by Astral Assembly (the name of Astroport DAO), used to buy ASTRO divided by xASTRO and vxASTRO.
With Stableswap Invariant Pool, 0.025% fee will be divided by LP, 0.025% will be divided by Astral Assembly as above.
With its development, it is very likely that users can enjoy other features such as Lending and Synthetic, because Astroport has integration with Anchor Protocol and Mirror Protocol .
Compared to the previous platform, Terraswap, Astroport not only improves on the Pool mechanism but also has a token (currently Terraswap does not have a token), which increases the attractiveness of the project to investors.
ASTRO coin information
ASTRO is the native token of the Astroport project, owners can participate in the project's governance mechanisms as well as participate in other future features (lending, staking, ...)
ASTRO Basic Information:
- Name: Astroport Token
- Ticker: ASTRO
- Blockchain: Terra
- Contract: terra1xj49zyqrwpv5k928jwfpfy2ha668nwdgkwlrg3
- Token Type: Utility, Governance.
- Maximum total supply: 1,000,000,000 ASTRO
- Supply of circulation: 110,000,000 ASTRO
ASTRO (Allocation) Allocation
- Lps: 55%
- Astroport Joint Venture: 30%
- Community Reserve: 10%
- Airdrop: 5%
ASTRO (Release) release plan
Astroport Project Roadmap (ASTRO)
Currently, the detailed roadmap of the Astroport project (ASTRO) has not been updated in detail
Team and Partners Astroport (ASTRO)
The project development team has not been updated in detail yet
Above is the Astroport project information compiled by Hay Mod Game , hope that they will help you in the process of project research as well as investment reference. Check out other articles on the site.