AstroSwap Launched Today – Will ASTRO Do Another 200x?
2022年1月28日 - 1:17AM
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AstroSwap, an interoperable and superbly designed DEX just launched
today, January 28, 2022. In a press release on January 20, the
highly anticipated activation precedes a period of unprecedented
performance of its native currency, ASTRO. ASTRO Roared 210X in
Early November 2021 According to trackers, ASTRO has been defying
gravity since listing, outperforming BTC and ETH by several folds.
After completing its initial decentralized exchange offering (IDO)
on ADApad, the token soared 210X within the first few days of
trading. ASTRO maintains an upward trajectory, outperforming other
digital assets despite a suppressed cryptocurrency market. By the
close of the first week of January, the ASTRO token was up 20
percent, skyrocketing as the broader crypto market sank roughly
four percent. For its stellar performance, ASTRO received a bullish
outlook from InvestorsObserver after analyzing its price movement
and trading volumes in the first five days of the year. AstroSwap
Features The excitement surrounding the AstroSwap launch on the
mainnet is palpable. Most importantly, investors and the wider DeFi
community are ready to tap on the goodies presented on the table.
The interoperable DEX is set to take DeFi by storm, offering
irresistible trading opportunities to global users at the best
rates possible. The DEX would allow for the fast, low-fee swapping
of supported tokens on the launching platform as traders draw
maximum benefit from a technology expertly developed by the
WagyuSwap team. On the table, AstroSwap will offer ultrahigh APYs
for participants. The DEX developers have subsequently allocated 45
percent of the 10 billion ASTRO to staking reserves. Other notable
features besides yield farming in the AstroSwap DEX include:
Interoperability bridges. From these links, users can send tokens
cheaply and instantaneously. The exchange plans to integrate
MetaMask. The web browser wallet is adaptable and
blockchain-agnostic. It can link to most EVM-compatible blockchains
like the Binance Smart Chain (BSC), Harmony, and more. By August
2021, MetaMask had over 10 million active users making it the
world’s largest non-custodial wallet. AstroSwap supports Cardano
(ADA) and Velas (VLX). These will be base tokens required for
paying on-chain fees. Auto-liquidity locking and a lottery system
set for launch in Q1 2022. AstroSwap’s Host Partnership with
Ferrari These features are only possible because AstroSwap is
launching from the highly scalable and low-fee Velas blockchain.
The network boasts of transaction processing speeds exceeding 75k,
making it one of the fastest in the sphere. Especially with
technical support from BlueZilla, AstroSwap has a symbiotic
partnership with Velas and WagyuSwap, which makes the DEX
outstanding, and would easily grow to be the largest in the sphere.
Velas, which hosts AstroSwap, has already partnered with SpaceChain
and sent a light node to space on SpaceX’s Falcon 9 rocket. The
goal is to boost the chain’s security and increase quality
standards. At the same time, they partnered with Ferrari to see its
brand plastered on Formula 1 giant racing cars. This will
significantly increase their brand exposure, benefiting their
ecosystem and, by extension, ASTRO holders. Branching out to
Cardano Given the interoperability of the Velas blockchain from
where AstroSwap deploys, the DEX plans to branch out to Cardano to
provide cutting-edge DeFi products. The DEX will launch on Cardano
using the Swapz bridge allowing the exchange to operate as a
layer-2 without losing its EVM compatibility and multi-coin
support. Cardano has made a name for itself as the most innovative
blockchain globally. Despite Cardano’s offering, the launch of what
was billed as the first DEX was messy and characterized by delayed
transactions stretching hours. AstroSwap’s launch solves these
issues. Later, AstroSwap will also launch on Solana, opening up
more opportunities for traders and ASTRO holders, and in the
meantime, AstroSwap will refund all transaction fees users incur in
VLX, sent straight back to holders. Neat. Why AstroSwap is a Cut
Above the Rest For what AstroSwap plans to offer, it is clear why
its mainnet launch is dominating DeFi. AstroSwap has a vibrant
community, is supported by BlueZilla, and its developers are open,
constantly engaging the community through AMAs. They also hold
regular competitions where users stand to win ASTRO prizes. All
this makes ASTRO a strong buy, explaining the confidence amongst
holders.
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