The Astral Assembly governs Astroport as a DAO. The Astral Assembly’s goal is the operation, maintenance, development and growth of Astroport.
ASTRO holders can take part in the governance process by staking ASTRO. Stakers receive a liquid staking derivative token called xASTRO. In other words, only xASTRO holders will have the power to propose and make binding votes on smart contract parameter changes, smart contract upgrades and treasury disbursements.
Besides governance power, xASTRO automatically accrues additional ASTRO from the Astral Assembly’s portion of trading fees, based on the number of xASTRO in existence.
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