Astroport
Search…
The Impact
The most crucial primitive of any DeFi ecosystem is asset exchange functionality. Automated Market Makers (AMMs) like Astroport have emerged as the winning architecture to achieve this in a decentralized, non-custodial way. Astroport empowers users to choose different pool types within a single AMM system. Anyone can onboard and trade tokens in a permissionless way. There is no captain or bureaucrat to stop them. The station will be owned solely by its users.
Astroport brings outstanding improvements in the area of decentralized exchanges:
  • Support for multiple pool types
  • Advanced charting and analytics for liquidity providers as well as traders
  • Dual token rewards for liquidity providers
  • Shared fee structure for liquidity provider and staker
  • Governance tiers (xASTRO and vxASTRO; see Astroport Tokenomics Overview) that allow for different commitment levels and voting power
  • Outstanding user experience and design work to make Astroport as elegant and straightforward to interact with as possible
The topics mentioned are core functionalities next to areas like slippage controls, multi-hop routing, price impact previews, exchange rates, and fee calculations.
The Avenue of DeFi Dreams: Astroport
In short, Astroport is a next-generation AMM for Terra that was built to improve pricing and trade efficiency. Better pricing and efficiency should help Astroport attract more liquidity, further improving pricing and efficiency in a self-reinforcing loop. That is key, as trade efficiency is what ultimately drives adoption and integration with other protocols.
On the Ethereum network, for example, the leading AMM by trading volume is Uniswap. It has more than 200 DeFi integrations with many of the most critical projects on the network. Just as Uniswap has become a pillar of the Ethereum ecosystem, the leading Terra DEX will likely do the same.
Export as PDF
Copy link