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0xn1ce.eth - The DeFi Raccoon
@0xn1ce
Digging in the depths of DeFi Threadooor & Farmooor, Junior Cook @steak_studio Follow me for guides & actionable tips 📩 DMs open
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Apr 2, 2022
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14 tweets
•
6 min read
Let's talk about
@astroport_fi
$ASTRO and $xASTRO! Why you probably don't have enough and how
@retrogrademoney
will fit in.
I will try to keep this simple and just gather the facts.
A thread🧵
Using the thread feature for the first time🤦 yes, I did this manually before.
1.
What is Astroport & ASTRO?
It's the biggest DEX on Terra with the biggest total value locked. That means it offers great prices (low spread due to deep liquidity in its pools).
ASTRO is the token used for Governance and can be staked as xASTRO to earn fees generated.