ASTROwars heat up with the launch of third-party tokens

April 29, 2022
Astro News
ASTROwars heat up with the launch of third-party tokens

The contenders have thrown down their gauntlets. At least five protocols are already building staking solutions for the soon-to-launch vxASTRO points tokens: Apollo DAO, Reactor, Retrograde, Spectrum Protocol and Orion.

Their voices will help democratize access to governance over Astroport and determine how to allocate ASTRO emissions to liquidity providers (LPs).

Several protocols have announced lockdrop dates as they position themselves to deploy their ASTRO staking solutions. At a very high level, their approaches are similar: entice ASTRO holders to deposit their tokens on their platforms in exchange for their own governance tokens and Astroport-related derivatives (such as xASTRO and vxASTRO).

Learn more about each below:

Still don’t understand how vxASTRO works and what the ASTROwars are all about? Check out this in-depth piece: The Rise of the ASTROwars.

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Any mention of third-party protocols is not an endorsement. As always, DYOR. This article does not constitute investment advice. Before interacting with Astroport, review the project disclaimers here.

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