Announcing Astroport’s post-launch ASTRO emissions schedule
This post was updated on Dec. 16, 2021 to reflect the higher emissions detailed here and on Jan. 5, 2022 to remove incentives for the KUJI-UST pool and redistribute them among other pools.
Without liquidity providers, Astroport is little more than lines of code embedded on the Terra blockchain. LPs are the power users who literally provide the fuel (or liquidity) that should attract traders to Astroport.
Given their importance, Astroport’s LPs should have the loudest voices in Astroport’s governing body, the Astral Assembly. To ensure that’s the case, Astroport will award ASTRO tokens to lockdrop participants (as detailed here). But Astroport will also distribute ASTRO rewards to LPs on an ongoing basis after launch.
The number of ASTRO tokens and the pools they flow to should be decided by Astral Assembly members (individuals who are staking ASTRO in the protocol). Every two weeks, these stakers will ultimately be able to vote on which pools should receive the most ASTRO tokens.
However, the Astral Assembly will not be live when Astroport launches. Until the Assembly is ready to launch, ASTRO rewards will be given to the pools below in the following amounts.
Initial Astro Emissions
Once the Astral Assembly goes live — pending community approval — expect changes. Depending on Terra community dynamics and preferences, the LUNA-bLUNA emissions may go to LUNA-stLUNA, for example. Or perhaps ASTRO stakers may prioritize rewards for Nexus (PSI) pools and minimize them for Anchor (ANC).
Please factor ongoing emissions and the fact that they could change into your decision to participate in Astroport’s lockdrop.
Ultimately, the emissions above are a starting point for Astroport’s maiden voyage, and the community — that is YOU! — get to help decide the fate of the ship.
DISCLAIMER: This article does not constitute investment advice. Before interacting with Astroport, review the project disclaimers here.
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