Thread by @astroport_fi

Astroport is designed with one overarching goal: enabling massive liquidity for Terra-based tokens.

Here’s how it gets there...

🧵 below

1/ Traders and LPs can seek the best rates because Astroport supports 3 pool types on a single platform (Uniswap v2’s invariant pools, Curve’s stableswap pools and Balancer’s liquidity bootstrapping pools).

2/ Any trader can use Astroport because it integrates with Terra’s leading protocols (eg @mirror_protocol and @anchor_protocol), and Astroport’s code is backwards compatible so traders can easily access Astroport liquidity through other Terra dapps.

3/ Astroport will be user-governed and user-owned: $ASTRO holders can stake and earn protocol fees with a model inspired by Sushiswap’s $xSUSHI (Meet: $xASTRO!).

4/ Similar to Curve, lock $xASTRO for a louder voice in the Astral Assembly, Astroport’s governing community.

5/ Astroport’s initial UI makes it simple for *anyone*, anywhere in the galaxy to use DeFi.

Astroport = Uniswap + Curve + Balancer + Sushiswap

For 6 years, devs have built and iterated on Ethereum.

Astroport brings the best learnings from that history onto Terra overnight, and Terra will never be the same.

Astroport will be where traders, LPs and protocols meet.

It will underpin virtually everything that happens on the Terra blockchain, and by bringing programmable liquidity to the blockchain, it will spur Terra’s next wave of exponential adoption.

✧