Thread by @coinage_x_daic

The lockdrop for @astroport_fi enters Phase 2 soon at 7AM UTC, DEC 21 🗓️

Let´s check what you can or might wanna do with your $ASTRO from Phase 1 & the Airdrop 🪂

Ultimate $ASTRO Phase 2 Overview is incoming.

👇🧵 /n

1/ If you like to listen to the topics below, @lejimmy and I recorded a video on this topic today.

You can find the video with the $LUNA mastermind @lejimmy on @YouTube :)

2/Let's start with the status of the lockdrop 🔒💧

Phase 1 is almost finished. You have been able to deposit TerraSwap LPs to gain $ASTRO.

Now, Phase 2 will define the price of $ASTRO filling the ASTRO-UST pool: The Great Price Discovery 🌌

3/ You can add to the pool with either $ASTRO and/or $UST in Phase 2. Based on the amount of both, a price for $ASTRO is set 💲

However, there is no need to participate in Phase 2 $ASTRO or $UST.

You can hold your $ASTRO that you got from Phase 1 and the Airdrop 🪂

4/ Wait, Airdrop? 🪂

Yes, there will be an airdrop to LUNA stakers, bLUNA depositors, and TerraSwap LP users if active on September 9 (Block #4451515).

25M $ASTRO will be distributed with a max cap next to the 75M from Phase 1. Find more details below 👇👇

5/ Why would somebody deposit his precious $ASTRO? 🤔

Depositing each side of the pool is rewarded with 5M $ASTRO token each.

Thus, if just one person would deposit 1 $ASTRO, he would get 5M $ASTRO as a reward. This mechanism will support a fair price discovery.

6/ If you deposit $ASTRO or $UST into the pool, you will become an LP after Phase 2 ends.

So, in case you provided only one side of the pool, you would now get both tokens based on your LP position.

7/"Ok, I am in. You said something about a lockup period for providing UST in Phase 2?"

Yes, it is three months after phase 2 finishes. Your $UST and $ASTRO LP deposits will unlock linearly over that period.

8/ And what do you think is a reasonable price, Mr. danku? Well, here my NFA kicks in.

But some methods might support you to find a reasonable price. @lejimmy talks about them in the video.

Feel free to get your Alpha there, fren :)