✦ What can I do with my $xASTRO? ✦ Lock / Vote on Astroport ✦ Terra Liquidity Alliance ✦ Provide Liquidity ✦ Lockup on Eclipse Equinox 🧵👇
@neutron_org @NeutronArmada @terra_money @phoenix_dir @eris_protocol @Eclipsefi 2/ ✦ Lock your $xASTRO for vxASTRO to gain voting power Continue to earn staking rewards from protocol fees, and gain the power to direct $ASTRO emissions with vxASTRO.
✦ Once locked, staked ASTRO can do more than just earn yield. Stake your $ASTRO for $xASTRO and then lock it up as vxASTRO to continue earning staking yield, but also gain the power to vote and direct the ASTRO emissions for the next 2-week epoch. 🧵👇
3/ ✦ Stake / TLA You can put your $xASTRO to use in Terra Liquidity Alliance by depositing single-sided to give up a small portion of $ASTRO rewards (take rate) in exchange for more yield in $LUNA.
✦ Put your $xASTRO to use in Terra Liquidity Alliance TLA is developed by @erisprotocol for @phoenix_dir and @terra_money that, among other features, allows you to deposit $xASTRO single-asset to earn additional yield from $LUNA staking rewards. 👇
4/ ✦ Provide Liquidity for xASTRO Besides holding $xASTRO, you can also pair it in a liquidity pool on Astroport with $FUEL and staked for rewards or with $eclipASTRO (LP lockable on @Eclipsefi Equinox for even more yield).
✦ Provide $xASTRO to liquidity pools/vault Holding xASTRO (staked $ASTRO) is one way to increase your ASTRO token amount, but you may also provide liquidity to earn additional rewards. 🧵👇
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