Astroport Coin Review : Is It Good Or Bad Coin Read Our Article

About Astroport Coin

Astroport Coin is a space-themed idle game where players build and manage their own space facility. The objective of the game is to grow the player’s space empire by constructing buildings, upgrading structures, and managing resources. Players can also collect and train a team of unique aliens to help them in their journey. Many players find the idle mechanics of the game to be highly engaging and find themselves coming back to check on their progress frequently.

The upgrade system in Astroport is often cited as being well-designed and allowing for meaningful progress throughout the game. Some players have noted that the gameplay can become repetitive over time, especially for those who play for extended periods.

Astroport Coin Point Table

Fees

A fee is charged on all trades on Astroport pools by traders in the respective native pool tokens. This fee is embedded in the Astroport smart contracts and is subject to adjustment by the Astral Assembly.

Constant Product Pools​

For constant product pools, this fee is 0.3%, divided as follows:

• A 0.2% fee (2/3rds of the total fee) goes to the LPs for the relevant pool — this remains denominated in the native pool tokens and acts as a payment by increasing the size of the pools (thus increasing the number of tokens that LPs can redeem when they remove liquidity); and
• A 0.1% fee (1/3rd of the total fee) goes to the Astral Assembly — this is used to purchase ASTRO from ASTRO liquidity pools. The purchased ASTRO goes into the xASTRO staking pool per a ratio set by the Astral Assembly.

Stableswap Pools​

For stableswap invariant pools, this fee is 0.05%, divided as follows:

• a 0.025% fee (½ of the total fee) goes to the LPs for the relevant pool, in the same manner as described above for constant product pools
• a 0.025% fee (½ of the total fee) goes to the Astral Assembly in the same way described above for Constant Product pools.

Utility

ASTRO’s utility materializes via xASTRO on Terra 2 (and xASTROC on Terra Classic). ASTRO holders may stake their ASTRO in the xASTRO pool to receive xASTRO tokens, activate their governance power, and accrue a share of trading fees. xASTRO is inspired by SushiSwap’s xSUSHI token / xSUSHI pool.

xASTRO Utility​

• Fee-share: xASTRO will be a transferable token that automatically accrues additional ASTRO from the Astral Assembly’s portion of trading fees, pro rata based on the number of xASTRO in existence. While adjustable by ASTRO governance, initially half of the Astral Assembly’s portion of trading fees will accrue to xASTRO holders.
• Governance: xASTRO holders will be able to vote on and submit proposals to Astroport governance, including incentives allocation voting (more on this in the following section).

Why Choose Astroport Coin?

The next evolution in DEXes

Written from scratch in Rust, Astroport combines the best pieces of six years of development on the Ethereum blockchain and delivers it to the Cosmos. It’s backwards compatible with historical Cosmos message formats and features and a next-generation user interface with data-rich charts for traders and LPs.

It supports two liquidity pool types:

• Uniswap’s Constant Product formula pools
• Curve’s StableSwap Invariant formula pools

Traders and LPs meet

The marketplace never closes on Astroport. Anyone can set up a merchant stall by supplying liquidity in one of two supported pool types. Then, anyone else can trade against those tokens at any time – no centralized exchange needed. LPs earn fees and they can provide liquidity to earn ASTRO, too.

Since all of Astroport’s liquidity lives in smart contracts, it’s programmable. Other Cosmos based dapps can integrate Astroport liquidity directly into their platforms. That means traders throughout the Cosmoverse always have access to your liquidity.

Where Can You Buy Astroport Coin?

Tokens Can Be Purchased On Most Exchanges. One Choice To Trade Is On CoinEx, As It Has The Highest ASTRO/USDT. e Trading Volume, $8,947 As Of February 2021. Next is OKEx, With A Trading Volume Of $6,180,82. Other option To Trade Include ASTRO/USDT And Huobi Global. Of Course, It Is Important To Note That Investing In Cryptocurrency Comes With A Risk, Just Like Any Other Investment Opportunity.

Market Screenshot

Astroport Coin Supported Wallet

Several Browser And Mobile App Based Wallets Support Astroport Coin. Here Is Example Of Wallet Which Astroport Coin – Trust Wallet For Hardware Ledger Nano.

FAQ Of Astroport Coin