💹$AST Crypto-Economy
The logic of the crypto-economic system can be summarized as follows: Every user that engages with Astra DEX participates in liquidity pools where tokens are locked for a set amount of time. In exchange for providing this liquidity, users can expect lucrative rewards like $AMB and $AST, as well as other tokens in the AirDAO ecosystem depending on the pair in question.
As opposed to other AMMs, Astra DEX only requires users to front one kind of cryptocurrency as opposed to the full pair - assuming they have sufficient $AST staked, to use liquidity from the community treasury. This liquidity comes in the form of $AMB. Through its treasury, Astra DEX will front the other cryptocurrency. In exchange for a lower liquidity premium to participate, users will be restricted in how often they can stake and unstake their provided liquidity. This reduces friction for liquidity providers, lowers the capital required for entry and provides users with a greater reward to lock-up ratio than other sites. Below is a high level breakdown of how pools will function:
Every ‘Pool’ of Liquidity, ‘locks’ and ‘unlocks’ every 3 months.
For each pool, there is a set reward pool and a set amount of ‘liquidity’ capped. Once the cap is reached there is no more space.
Rewards are distributed out to both ‘traders’ and ‘liquidity providers’ routinely. LP rewards are calculated by time locked (and bonus if re-locked) + amount of value locked on the DEX.
Supply Dynamics
$AST, the native token of Astra DEX, operates within a carefully designed tokenomics framework to ensure a balanced and sustainable ecosystem. With a total supply of 40 million $AST, its initial distribution is strategically allocated to key components.
Launch Supply: A prudent start includes 15 million $AST tokens for the launch, fostering initial liquidity and participation within the Astra DEX ecosystem.
Loop Value Allocation (20%): 20% of the total supply, or 8 million $AST, is dedicated to loop value. This allocation contributes to the ongoing vitality and sustainability of the AirDAO ecosystem.
Initial User Incentives (30%): 30% equivalent to 12 million $AST is earmarked for initial user incentives. These incentives serve to attract and reward early participants, fostering a robust and engaged community.
Team and Council (10%): 10% of the total supply, or 4 million $AST, is allocated to the team and council. This allocation aligns with the commitment and contributions of the individuals steering the development and governance of Astra DEX.
Public Sale (40%): A significant portion, 16 million $AST (40% of the total supply), is reserved for public sale. This inclusive allocation allows a broad community to participate in the growth and success of Astra DEX.
-- Pie Chart breakdown --
Reward Distribution:
Reward distribution within Astra DEX follows a two-type approach, ensuring a balanced and inclusive system:
Type 1 Rewards (Tokens in the Ecosystem):
Tokens within the Astra DEX ecosystem, such as $AST, $KOS, $AMB, and $HBR, receive Tier 1 rewards. This tier includes minor rewards in $AST, encouraging users to actively participate in the native ecosystem.
Example: KOS / AMB → 10% reward APR in KOS and AMB
Type 2 Rewards (Tokens Outside the Ecosystem):
Tokens outside the Astra DEX ecosystem, like Ethereum and USDT, receive Tier 2 rewards. These rewards consist of combinations of $AST, $KOS, $AMB, and $HBR, and $BOND offering substantial incentives for users to bring external assets into the Astra DEX ecosystem.
Example: ETH / AMB → 10% Reward APR in ETH and AMB, Additional flat reward of XXX amount of $KOS, XXX amount of $AST
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