Astra protocol: "Follow the process" protocol for the DeFi smart contract

Although the DeFi market continues, it is often run by entrepreneurs and traders. Large organizations such as banks and large corporations have yet to touch DeFi. A major concern after DeFi is security and compliance.

A project called Astra Protocol is trying to solve the DeFi-based problem.The Astra protocol is a decentralized security and legal protocol that focuses on adding a tracking process (standard process) to public DeFi smart contract chains that have already been (Ethereum, Polkadot, Cardano, etc. ). Money Laundering (AML) and KYC features ensure that your money reaches your wallet safely.The Astra protocol improves reliability and peace of mind when organizations use DeFi.

Specifically, the parties must use Astra as a platform to complete the transaction. This agreement adds rules to the smart contract and becomes the basis for resolving any disputes, including incidents or fraud. We arrange payment immediately, and if both parties are not satisfied, you can file a complaint and call Astra to resolve the issue quickly and affordably. The parties can add evidence, and once the dispute is resolved, a smart contract will be finalized or terminated, and the funds will be placed in the area on the right.

For example, some NFTs now claim to be real assets, but the real problem is that there are a number of ways they can prevent clients from exercising their rights. The legal process of the Astra protocol agreement effectively protects the rights and interests of all participants, and so the administrator cannot guarantee that investors can use them. rights or violations, they will be penalized by law and actual resources. -a relation with the virtual assets of the anchor chain for the further development of this cryptocurrency market.

Of course, in order to legitimize and resolve conflicts, the legal framework of the Astra Protocol must be improved to avoid loopholes. for teeth,Astra Protocol has partnered with global business consulting, research and law firms to build legal relationships. problem solving.

token page. Astra Protocol's home token is ASTR, which is typically used for project management and cost protocol, and can be a key.

Recently, Astra Protocol announced the completion of a token fund of $ 9 million with the participation of Fundamental Labs, Faculty, Republic, DAOMaker, Richard Dai and others.

“We believe Astra solutions are an integral part of our DeFi mission. We are proud to support the Astra team. They have worked hard to bring the benefits of DeFi to more people and organizations, ”Republic said. said his partner Jonathan Han.