πŸ†•New Additions

Astra offers users a straightforward and secure trading experience with three key sections: Trade (Liquid or P2P), Earn, and Portfolio Management. This breakdown explores how users interact with these sections, highlighting Astra' simplicity and functionality in cryptocurrency trading.

P2P Trading

Astra DEX will enable users to trade cryptocurrencies directly with each other through P2P trading. The Peer-to-Peer (P2P) Marketplace on Astra DEX is a feature that facilitates direct trading interactions within the AirDAO ecosystem. P2P trading offers numerous benefits, including direct control over all aspects of the trade, greater flexibility in terms of negotiations and asset selection, enhanced privacy, and reduced transaction fees. Users can browse the P2P marketplace and easily make offers to other users with all the necessary information available at a glance. Additionally, they can easily make offers on the platform from this screen.

To conduct a P2P trade, a user will first have to post a sale on Astra’ P2P marketplace. Users can select the token they want to sell, the amount and the asking price. A handy market value indicator will easily tell users how much their trade is worth without having to do additional research on the asset. Finally, they will preview and post their sale. Below is how a completed sale post looks like:

Single - Sided Liquidity

For $AST token holders, instead of having to find a counterparty to match their contribution, users can simply provide one asset, stake their $AST, the AirDAO treasury, a community-owned fund, will provide the $AMB counterparty asset for the other half of any $AMB liquidity pair. As a result, users can start earning rewards immediately without the hassle of searching for various currencies. This ensures any user can participate, lowering the barrier to entry. Additionally, some graphical changes will come to the Astra liquidity providing screen, seen below:

Portfolio

Astra DEX's portfolio management section provides a comprehensive overview of users' crypto holdings, including their token allocations, wallet balances, liquidity pool participation, and P2P sales activity.

  • Token allocations display the percentage of each cryptocurrency represented in the user's total holdings, helping them visualize asset distribution and identify underallocations or overallocations.

  • Wallet balances provide a detailed view of individual cryptocurrency balances, enabling users to track asset value changes and make informed investment decisions.

  • Liquidity pool participation details the specific pools users are involved in, the amount of tokens contributed, and associated earnings from transaction fees.

  • P2P sales activity tracks active orders, completed sales, and pending negotiations, enabling users to manage their participation in Astra DEX's liquidity pools and P2P trading ecosystem.

By aggregating this information, the portfolio management section empowers users to make informed investment decisions, optimize asset allocation strategies, and effectively manage their involvement in Astra DEX's decentralized exchange platform.

Looking to the Future

Astra is committed to continuously evolving and providing users with the best decentralized exchange experience. It is a core pillar of AirDAO’s ecosystem and will see continuous support throughout the years. Here are a few things planned for Astra DEX:

  • Expanded Token Listings: Astra will expand its listing of supported cryptocurrencies, offering a wider range of investment options for users. This expansion will enhance its liquidity pools by introducing more diverse assets and increasing the overall liquidity of the platform.

  • Deeper Integration with AirDAO Ecosystem: Astra will integrate more deeply with the AirDAO ecosystem, enabling users to seamlessly connect their activities across AirDAO products. This integration will first take place through looping value across various AirDAO dApps.

  • Rotating Reward Model: Rewards will rotate over time, providing better incentives for some tokens compared to others.

  • Cross-Chain Compatibility: Astra DEX will strive to achieve cross-chain compatibility, allowing users to trade and interact with multiple blockchain networks without a hassle.

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