Difference between revisions of "Astroport (ASTRO)"

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Astroport is a [[Decentralized Exchange (DEX)|DEX]] on the [[Terra (LUNA)|Terra]] [[blockchain]]
==Basics==
==Basics==


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===DAO===
===DAO===


* Governance is 'a work in progress' as of [https://docs.astroport.fi/astroport/workstation/governance 24-1-2022].
* [[Governance]] is 'a work in progress' as of [https://docs.astroport.fi/astroport/workstation/governance 24-1-2022].


===Treasury===
===Treasury===
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* From their [https://docs.astroport.fi/astroport/astroport/astro-faq docs] (12-2021):
* From their [https://docs.astroport.fi/astroport/astroport/astro-faq docs] (12-2021):


''"Astroport will not have an [[Initial Coin Offering (ICO)|ICO]]. Instead, tokens are distributed through a [https://astroport.medium.com/hello-astro-announcing-the-astroport-governance-token-drops-a07a1bf3ed94 lockdrop]."''
''"Astroport will not have an [[Initial Coin Offering (ICO)|ICO]]. Instead, [[tokens]] are [[distributed]] through a [https://astroport.medium.com/hello-astro-announcing-the-astroport-governance-token-drops-a07a1bf3ed94 lockdrop]."''


===Token Allocation===
===Token Allocation===
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"''$ASTRO - $xASTRO - $vxASTRO''
"''$ASTRO - $xASTRO - $vxASTRO''


''$xASTRO is the staked version of $ASTRO, It’s main benefits being: - Value accrual from trading fees captured by the protocol. - Voting in Astroport governance. - Liquid and Transferable.''
''$xASTRO is the [[staked]] version of $ASTRO, It’s main benefits being: - Value accrual from trading [[fees]] captured by the protocol. - Voting in Astroport governance. - Liquid and Transferable.''


''If you plan to hold your $ASTRO for a long period of time you can take your $xASTRO and lock it up from 1 to 24 months to receive $vxASTRO which provides more benefits such as: - Receiving more protocol fees. - Increasing voting power in Astroport governance. - LP boosties."''
''If you plan to hold your $ASTRO for a long period of time you can take your $xASTRO and lock it up from 1 to 24 months to receive $vxASTRO which provides more benefits such as: - Receiving more protocol fees. - Increasing voting power in Astroport governance. - LP boosties."''
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''"ASTRO holders will be able to use ASTRO in two ways to assume governance responsibility for Astroport:''
''"ASTRO holders will be able to use ASTRO in two ways to assume governance responsibility for Astroport:''


# '''''Staking ASTRO in the xASTRO pool:''''' ''ASTRO holders may stake their ASTRO in the xASTRO pool to receive xASTRO tokens, activate their governance power, and accrue a share of trading fees (funded with one-half of the Astral Assembly’s share of trading fees). xASTRO is inspired by SushiSwap’s xSUSHI token / xSUSHI pool.''
# '''''[[Staking]] ASTRO in the xASTRO pool:''''' ''ASTRO holders may [[stake]] their ASTRO in the xASTRO pool to receive xASTRO tokens, activate their governance power, and accrue a share of trading fees (funded with one-half of the Astral Assembly’s share of trading fees). xASTRO is inspired by SushiSwap’s xSUSHI [[token]] / xSUSHI pool.''
# '''''Locking xASTRO in the vxASTRO pool:''''' ''xASTRO holders may lock their xASTRO in the vxASTRO pool to receive vxASTRO points, amplify their governance power, receive an additional share of trading fees (funded with the other half of the Astral Assembly’s share of trading fees) and access other benefits such as boosted liquidity mining rewards (see below under “vxAstro Utility”). vxASTRO is inspired by Curve’s pioneering veCRV model''<span data-key="c7d4b98865524ba7a058a8c35cbc8fae"><span data-offset-key="c7d4b98865524ba7a058a8c35cbc8fae:0"></span></span>''"''
# '''''Locking xASTRO in the vxASTRO pool:''''' ''xASTRO holders may lock their xASTRO in the vxASTRO pool to receive vxASTRO points, amplify their governance power, receive an additional share of trading fees (funded with the other half of the Astral Assembly’s share of trading fees) and access other benefits such as boosted liquidity [[mining]] rewards (see below under “vxAstro Utility”). vxASTRO is inspired by Curve’s pioneering veCRV model''<span data-key="c7d4b98865524ba7a058a8c35cbc8fae"><span data-offset-key="c7d4b98865524ba7a058a8c35cbc8fae:0"></span></span>''"''


====Validator Stats====
====Validator Stats====
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* From their [https://docs.astroport.fi/astroport/smart-contracts/oracles docs] (12-2021):
* From their [https://docs.astroport.fi/astroport/smart-contracts/oracles docs] (12-2021):


''"There are two types of oracle contracts in Astroport:''
''"There are two types of [[oracle]] [[contracts]] in Astroport:''


# ''Oracles for constant product pools''
# ''[[Oracles]] for constant product pools''
# ''Oracles for stableswap pools"''
# ''Oracles for stableswap pools"''


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==Usage==
==Usage==
* From this [https://twitter.com/alpha_pls/status/1500233320357113863 thread] (6-3-2022):
''"@astroport_fi just did $613M in 24h volume making it the second biggest [[Decentralized Exchange (DEX)|DEX]] by volume in crypto right now."''
===Projects that use or built on it===
===Projects that use or built on it===
==Competition==
==Competition==
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Making these free wiki pages is fun but takes a lot of effort and time.
Making these free wiki pages is fun but takes a lot of effort and time.


If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.
If you have enjoyed reading, tips are appreciated :) This will help us to [[keep]] expanding this archive of information.


[[Terra (LUNA)|LUNA]] tip [[address]]: terra1usk0sedwmq5rlyegtnv4lvzmyq6t5vgda8s9ex
[[Terra (LUNA)|LUNA]] tip [[address]]: terra1usk0sedwmq5rlyegtnv4lvzmyq6t5vgda8s9ex
[[Category:Coins/Tokens]]
[[Category:Coins/Tokens]]
[[Category:Exchange]]
[[Category:Exchange]]

Revision as of 04:45, 7 March 2022

Astroport is a DEX on the Terra blockchain

Basics

History

Audits & Exploits

  • Bug bounty program can be found [insert here].
  • From their docs (16-1-2022):
  1. "The audits from Halborn can be found here.
  2. The Oak audits can be found here"

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

  • From their docs (12-2021):

"Astroport will not have an ICO. Instead, tokens are distributed through a lockdrop."

Token Allocation

  • From their docs (12-2021):

"The community holds 110M ASTRO after the lockdrop(11% of the total supply). 49% of the supply goes to LPs over 69 years. 10% of the supply is reserved for the Astral Assembly (Astroport DAO). The rest is allocated to Astroport Builders, who have a 3-year lock-up period."

Utility

"$ASTRO - $xASTRO - $vxASTRO

$xASTRO is the staked version of $ASTRO, It’s main benefits being: - Value accrual from trading fees captured by the protocol. - Voting in Astroport governance. - Liquid and Transferable.

If you plan to hold your $ASTRO for a long period of time you can take your $xASTRO and lock it up from 1 to 24 months to receive $vxASTRO which provides more benefits such as: - Receiving more protocol fees. - Increasing voting power in Astroport governance. - LP boosties."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found here (10-9-2021).
  • Code can be viewed [insert here].

Implementations

How it works

"You can think of Astroport as a mix between Uniswap and Curve. It will provide typical AMM pools alongside stable swap pools and then hopefully concentrated liquidity in the future."

  • Pool types offered on launch will include (23-11-2021): - Constant product pools - Stableswap invariant pools - Liquidity bootstrapping pools (LBP)

Fees

  • From their docs (12-2021):

"A fee is charged on all trades on Astroport pools by traders in the respective native pool tokens. This fee is embedded in the Astroport smart contracts and is subject to adjustment by the Astral Assembly.

For constant product pools, this fee will initially be 0.3%.

For stableswap invariant pools, this fee will initially be 0.05%."

Upgrades

Mining

Staking

  • From their docs (12-2021):

"ASTRO holders will be able to use ASTRO in two ways to assume governance responsibility for Astroport:

  1. Staking ASTRO in the xASTRO pool: ASTRO holders may stake their ASTRO in the xASTRO pool to receive xASTRO tokens, activate their governance power, and accrue a share of trading fees (funded with one-half of the Astral Assembly’s share of trading fees). xASTRO is inspired by SushiSwap’s xSUSHI token / xSUSHI pool.
  2. Locking xASTRO in the vxASTRO pool: xASTRO holders may lock their xASTRO in the vxASTRO pool to receive vxASTRO points, amplify their governance power, receive an additional share of trading fees (funded with the other half of the Astral Assembly’s share of trading fees) and access other benefits such as boosted liquidity mining rewards (see below under “vxAstro Utility”). vxASTRO is inspired by Curve’s pioneering veCRV model"

Validator Stats

Liquidity Mining

Scaling

Interoperability

Other Details

Oracle Method

  • From their docs (12-2021):

"There are two types of oracle contracts in Astroport:

  1. Oracles for constant product pools
  2. Oracles for stableswap pools"

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].

Usage

"@astroport_fi just did $613M in 24h volume making it the second biggest DEX by volume in crypto right now."

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

  • Full team can be found [here].

Funding

Partners

(:

Knowledge empowers all and will help us get closer to the decentralized world we all want to live in!

Making these free wiki pages is fun but takes a lot of effort and time.

If you have enjoyed reading, tips are appreciated :) This will help us to keep expanding this archive of information.

LUNA tip address: terra1usk0sedwmq5rlyegtnv4lvzmyq6t5vgda8s9ex