Thread by @danku_r

The #astrowars have arrived ⚔️ After the official @astroport_fi roundtable with all contenders today; we have more clarity on how the protocols will approach the war.

Let´s dive into their individual protocol goals, $ASTRO attraction mechanism, and future outlook.

👇🧵/n

1/ For starters: The foundation for the #astrowars is set by the tokenomics of @astroport_fi using a lock mechanism for $ASTRO which grants additional voting power on the emission of the ASTRO Generators ⛽️

You can find more information here 👇👇📺

1/ First, let´s address the players joining the #astrowars ⚔️

@retrogrademoney
@ApolloDAO
@reactor_money
@SpecProtocol
@orion_money

Please note that there might be more protocols joining. Furthermore, new players might try to accumulate tokens of the protocols mentioned

2/ All participants, I like to call them vxSeekers have a slightly different approach for the following three topics:

1. What is their primary goal, and what does winning the war mean?
2. How do they attract ASTRO?
3. How do they hold the peg of their ASTRO derivate?

3/ FOCUS AREA

Unexpectedly, however, very typical for the @terra_money ecosystem, all vxSeekers have slightly different goals for the #astrowars

4/ @retrogrademoney tries to become the biggest yield boost aggregator for @astroport_fi, focusing its efforts on the DEX. Quote: "No other token will enter our treasury."

Advantages: Full focus on security with audits, a strong narrative, and the best Token/Astro ratio.

5/ @reactor_money attempts to mimic @ConvexFinance but with a broad focus for all veTokens on @terra_money for their treasury.

Besides $ASTRO, Reactor aims to accrue $ANC once upgraded to veANC and other veTokens. So will we see stuff like vxMARS or vxLVN soon? We shall see!

6/ @ApolloDAO keeps building their Warchest as modern web3 venture funds on @terra_money

$ASTRO will be one of many governance tokens which have a particular focus due to their own vault infrastructure, including an internal bribe system (more information to come)

7/ @SpecProtocol is less interested in the political war aspect of the #astrowars but rather in optimizing the yield via boosties of their existing vault infrastructure.

Their medium article shows that they focus on yield paid in $aUST and are no $ASTRO blackhole.

8/ @orion_money is the latest addition to the vxSeeker field. Orion starts to transition to a model closer to ApolloDAO, building its own treasury.

To achieve this, they set NFTs are their primary incentive structure. This activates a new audience for the #astrowars

9/ In a nutshell:

@retrogrademoney | vxASTRO connoisseur
@ApolloDAO | governance web3 fond with a preference for ASTRO
@reactor_money | veToken aficionado
@SpecProtocol | ASTRO boosties expert
@orion_money | NFT bribes gone ASTRO

10/ ATTRACTION OF ASTRO

The question is, how can the five vxSeekers attract enough ASTRO to reach their goals. As seen above, not all of them need the maximum amount of ASTRO to achieve their goals.

11/ While @ApolloDAO has already $ASTRO in their Warchest (1.3M ASTRO), they decided to attract additional funds via a classic lockdrop, pioneered by @astroport_fi

The same applies to @retrogrademoney and @reactor_money

In other words: Lockdrop season has arrived 🔒💧

12/ All three protocols will follow the classic lockdrop approach: Bring $ASTRO, lock them for x months, receive an incentive in their protocol token ($APOLLO, $RCT, $RETRO) and get back your tokens in their liquid derivatives.

Please see the timeline of their lockdrops in /11

13/ For more detailed information, check the respective medium articles:

@retrogrademoney | medium.com/@Retrogrademon…

@ApolloDAO | articles.apollo.farm/the-apollo-xas…

@reactor_money | medium.com/@reactor.money…

14/ There is currently no information on a specific lockdrop for @SpecProtocol

On the other side, @orion_money is already live with orionASTRO. You can stake your $ASTRO on ASTRObooster page: terra.orion.money/astrobooster

You will earn rewards and qualify for NFT raffles

15/ ASTRO PEG

Finally, and a crucial topic while not being very prominent, let´s address the ASTRO PEG ability of all vxSeekers.

Why is this important? As vxSeekers max lock your ASTRO (2y) while allowing you to exit your position. It will be a significant #astrowars focus area

16/ We have already seen @ConvexFinance struggling with this topic, as addressed by @retrogrademoney today (cvxCRV/CRV).

Their way is to double incentive with incentives on the LP pair cvxCRV/CRV and single-sided staking.

17/ Two pieces of information to share at this point for the #astrowars

@reactor_money and @SpecProtocol seem to track with their derivates $ASTRO, while @retrogrademoney & @orion_money have chosen $xASTRO

All of them will have an incentive mechanism on their stableswap pair.

18/ @ApolloDAO has chosen a different path. While sacrificing yield on vxASTRO, they create an LP pair with their own liquid xASTRO against their derivate zvxASTRO.

19/ A lot of information, a lot of opportunities, and a lot to discover.

19 tweets should be forbidden, I agree. In case you like to listen, you might find the following video interesting: Who to pick for the AstroWars? Framework for your $ASTRO

👇👇👇