Mine Chong Astroport Head: Initial pre-mining of the DEX token halfway up from Terra Ecology

Astroport's role in the Terra ecosystem is comparable to that of Ethereum's Uniswap and BSC's Pancake.

The launch of ASTRO is divided into three stages,Stage 1 (December 14 - December 21).

If you have LUNA, ANC, MIR, STT, MINE, APOLLO, Psi, VKR, ORION tokens, we recommend that you join group LPs before mining.

About Astroport

astroportThe next article has automated the company developing the Terra DEX-based decentralized exchange AMM ecosystem., Delphi Digital, IDEO CoLab and Terraform Labs, a joint venture that aims to transform Astroport into a single platform for the Terra DeFi ecosystem.

Since the start of this year, LUNA, still a symbol of the Terra ecosystem, has experienced explosive growth, the Terra ecosystem has started to improve and investment in the mirror industry and Stable Anchor loan programs. worked well.

3 types of tokens and their functions

1

Astro

Many DeFi agreements provide political coverage to AMM financial service providers. Likewise, Astroport distributes the ASTRO control token.Divide into LPs by mining activity.

ASTRO for Water Extraction will be published in the Astral Assembly at a predetermined price based on the token market.

The value of ASTRO can be seen by xATRO and vxATRO.

The XATRO token represents a (relatively small, short) service representation (also medium) policy of regulation and price sharing in the Astroport ecosystem.

The vxASTR token represents greater resources and therefore higher levels of operational control and cost sharing.

2

Ex-astro

Share Price: xASTRO is a proxy symbol that benefits ASTRO as part of the Astral Assembly's exchange rate in proportion to the original xATRO cost. Half of the Astral Assembly exchange rate belongs to the holders of xATRO.

Management: xATROVote for the governance of the astroports and submit recommendations with support to the vote.

Three

vxASTRO

vxASTRO can be seen as a way for users to use xATRO to access the Astroport ecosystem.More details, its role is:

Siab Superior control: vxATRO holders have more voting rights in the Astroport ecosystem.

Ø Multiple cost sharing: The other half of the Astral Assembly share price is distributed to all vxATRO holders in proportion to the vxATROs outstanding at that time.

Spaceport mining level instructions

(1) Migrate via Terraswap and lock out the liquid.

As a first step, users can deposit and close Terraswap cash (LP tokens) at Astroport. for

Users who do so will receive:

Ø Unique ASTRO token rewards can be sent after exiting Astroport or used in step 2 to receive more ASTRO tokens.

You regular income from work LP.

Gdp After starting the trade, you will receive double benefits on the ASTRO project tokens (MIR, ANC, MINE, etc.).

note:The more liquid the user locks in, the longer the downtime, the more ASTRO user gets.

At any time during phase 1, the user can open up to 10 positions in total.

The deposit and withdrawal of LP tokens can be done within the first 5 days.

(2) Support

Users can easily deposit anytime during the first 5 days of Phase 1, and the deposit time does not affect Astro payments (i.e. a 1 day deposit equals a deposit of 5 days).

Each user share of the ASTRO gift isIt is calculated as the amount of liquidity granted to each pool at the end of the first phase of the snapshot.

The higher the investment and the longer the closing time, the more ASTRO users.

At the end of phase 1, phase 2 will begin and the ASTRO-UST liquidity guide pool will be released as a liability.

Ø Deposit closed on day 5.

Ø Day 6, you can withdraw up to 50% of the deposit.

Ø Day 7, last day, the maximum withdrawal amount is reduced linearly from 50% to 0% at the end of the closing.

theBe sure to ask: You can delete once in the last 2 days.

(3) Tanks that can be dug

The table below shows which Terraswap pools are eligible for ASTRO tokens if users switch to Astroport during phase 1.

Astroport Level 3 Introduction

(1) Phase 1 (December 14 - December 21)

Deposit and close the Terraswap users' liquidity in Astroport.(LP Token), ASTRO Governance Token Gift.

How it works:

Users can "lock" their Terraswap LP tokens for a meeting. for

In return, at the end of level 1, the user “gives” or receives an ASTRO token reward (see time above).

The more LP tokens, the longer the close time, the more ASTRO users will get.

In addition to the initial ASTRO distribution, anyone who closes Astroport revenue will collect exchange rates, continuously generate ASTRO broadcasts, and support two rewards.

(2) Phase 2 (December 21 ~ December 28)

Lock ASTRO and / or UST in the ASTRO-UST starter key.The following gifts:

Ø Add an ASTROtoken once the gift is redeemable at sight.

Ø Continuous pool rate of the ASTRO-UST mining pool after start-up.

Ø Continuous ASTRO pool gift.

Participants in phase 1 can close their ASTRO in phase 2.

The other participants can join level 2 by preempting ASTRO in the drop.

All the capital available for the ASTRO-UST pool will be closed within 3 months.

At the end of phase 2, Astroport will be released and the locked ASTRO tokens will be fully redeemable.

(3) Phase 3: Not yet announced