Astroport astroport

Astroport price today is USD 0.002 and the trading volume in 24 hour is USD 26,661. Price change in the ASTROPORT price in the last 24 hour is -0.002 . It has a circulating supply of 219,546,127 coins and a total supply of 1,100,000,000. Total market cap of the ASTROPORT is USD 432,222 which has the movement of -44.287 in the last 24 hours

Astroport is a decentralized exchange protocol built on the Terra blockchain. It combines the best pieces of six years of development on the Ethereum blockchain and delivers it on Terra. Astroport is incubated by Delphi Labs(responsible for Axie Infinity Tokenomics) and set to become the liquidity hub for the Terra DeFi ecosystem. ASTRO token holders govern Astroport

Astroport was created by a joint venture formed and governed by Delphi Digital, Ideocolab, TerraForm Labs(TFL), and Astroport builders. Delphi Digital is a leading cryptocurrency research firm, incubator, and investor. They are well known for assisting with the tokenomics design for multiple projects like Axie Infinity, Compound, AAVE, etc. IDEO is an American design and innovation consultancy firm known for designing Apple's first computer mouse. Terraform Labs is a South Korean company founded by Daniel Shin and Do Kwon, behind Terra/Luna

The main reasons to invest in Astroport include: - Support for multiple pool types (including Terra’s first liquidity bootstrapping pool) that optimize capital efficiency. - A robust incentive structure for Liquidity Providers(LPs) thanks to the dual tokens farming capability. - Decentralized governance that empowers ASTRO stakers with their commitment. -Holders can choose to stake their ASTRO to get xASTRO to access the Astro Assembly (governance) and get a higher share of fees as rewards. - Holders can additionally choose to stake their xASTRO for vxASTRO. vxASTRO amplifies governance power, receiving a further additional share of the trading fee and accessing other benefits such as boosted liquidity mining rewards