Astroport (ASTRO) offers decentralized, permissionless exchange with governance and capital efficiency for ASTRO holders. More
Fully Diluted Valuation | $4.99M |
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24H Trading Volume | $9,023 |
24H Low / High | $0.00 / $ 0.00 |
Circulating Supply | 423.66M |
Total Supply | 1.10B |
Max Supply | 1.10B |
Categories | Decentralized Finance (DeFi) 4 more |
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Founder | Anonymous |
Website | docs.astroport.fi Whitepaper |
Socials | 4 more |
Chains |
Osmosis Ecosystem
1 more
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Explorer | Mintscan 2 more |
Contracts |
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Name | Pair | OG Score |
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Astroport: A Decentralized Exchange on Terra Ecosystem
Astroport (ASTRO) stands out as a decentralized, permissionless, and open-source crypto asset exchange built on the Terra ecosystem. It leverages an Automated Market Maker (AMM) smart contract to facilitate the exchange of any Terra asset against token liquidity pools. Governed by its community of ASTRO token holders, Astroport aims to become the liquidity hub for the Terra DeFi ecosystem, emphasizing decentralization, non-custody, flexibility, and capital efficiency.
Origins and Development
Announced on July 12th, 2021, Astroport was developed by the Astroport Joint Venture, comprising Delphi Labs, We3, Attic Lab, and Terraform Labs. The project's key features include support for multiple curves and pool types, including Terra's first liquidity bootstrapping pool, a dual token farming capability for LPs, and decentralized governance that empowers ASTRO stakers.
Launch and Upgrades
On December 28th, 2021, the Astroport protocol officially launched, allowing participants to unlock and trade ASTRO tokens. Following strong support for Terra 2.0, Astroport underwent upgrades to maintain compatibility with both Terra 2.0 and Terra Classic. ASTRO tokens on Terra 2.0 can be staked for xASTRO, providing governance and fee-sharing rights on the platform.
Unique Features of Astroport
Astroport's marketplace is designed to be a neutral platform for trading, accessible to anyone in the galaxy. It is built from scratch in Rust, incorporating the best elements from six years of Ethereum blockchain development. The platform supports various liquidity pool types, including Uniswap's Constant Product formula pools and Curve's StableSwap Invariant formula pools. It also features a next-generation user interface with data-rich charts for traders and liquidity providers.
A Marketplace That Never Sleeps
With a unique hub and outpost model, Astroport ensures that the marketplace never closes, allowing users to trade at any time. Liquidity providers earn fees and ASTRO tokens, and since all liquidity resides in smart contracts, it is programmable and accessible to other decentralized applications.
Conclusion
Astroport aims to revolutionize decentralized trading by providing a flexible, capital-efficient, and community-governed platform for trading Terra assets and other cryptocurrencies. Please note that Astroport (ASTRO) was founded by an anonymous team in 2021.
Astroport distinguishes itself with its decentralized, permissionless, and open-source exchange, offering flexibility, capital efficiency, and governance to ASTRO token holders.
The founders of Astroport are anonymous, with the project being developed by the Astroport Joint Venture, including Delphi Labs, We3, Attic Lab, and Terraform Labs.
CoinEx, Osmosis, Astroport (Neutron)
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