Hello, ASTRO: Announcing the Astroport Governance Token Drops

  1. An ASTRO airdrop for active TeFi users
  2. An ASTRO lockdrop for migrating liquidity from Terraswap to Astroport
  3. An ASTRO lockdrop in exchange for committing ASTRO and/or UST tokens to the ASTRO-UST pool

The Great TeFi / DeFi Chad Airdrop

Phase 1: The Lockdrop

✦ Phase 1 Overview

✦ Phase 1 Timeline & Ability to Withdraw from Phase 1

Phase 1 — Calculation of Each Participant’s ASTRO reward

  • the total number of ASTRO to be ASTROdropped to all users migrating from that particular Terraswap pool to the equivalent Astroport pool (to be announced prior to the start of Phase 1);
  • that particular user’s percentage of all liquidity migrating from that particular Terraswap pool to the equivalent Astroport pool (which will equal that particular user’s percentage of all LP tokens deposited into the ASTROdrop smart contract from that pool during Phase 1); and
  • the length of that particular user’s selected ‘Astroport trial period’.

✦ Phase 1 — Migration Risks and Benefits

Phase 2: The ASTRO-UST Bootstrapping Pool

Phase 2 timeline

Phase 1 and 2 withdraw schedules

Phase 3: Astroport launch!

Technical questions

IMPORTANT DISCLAIMERS:

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Astroport

Astroport

An automated, decentralised exchange protocol on the Terra blockchain. http://astroport.fi