Apr 29, 2022
Astarnova is a DeFI protocol implementing a DEX, Farms and yield optimizers on Astar network
Introduction
Astarnova is a DeFI protocol implementing a DEX, Farms and yield optimizers on Astar network. We help people to grow their capital safely without loss of tokens and in an optimized way.
Astarnova uses multiples DeFi protocol in Astar network to work and gain optimized earns.
Exchange
Astarnova has an automated market-making (AMM), decentralized exchange (DEX) for the Astar network.
We encourage people to add liquidity on our exchange with nova tokens in the farms section
What is a yield optimizer?
A Yield Optimizer is an innovative DeFi concept in which users stake or lend their crypto assets to receive optimized returns.
The following example explains how a strategy can optimize the returns of another DeFi protocol by using automatic token composition to generate compound interest.
Yield optimizers in Astarnova
In the future we will add yield optimizers for Arthswap.
Each yield optimizer make an auto-componding of tokens and you can earn NOVA tokens by placing your liquidity from other exchanges
Later we will add more of other protocols.
Tokenomics
The Astarnova governance token will be called “NOVA”. This token will serve to vote on the governance proposals. All yield optimizers make a Buyback of the earnings and therefore the price of Nova will increase.
The distribution of the tokens can be seen in the following image:
Revenues
Exchange:
- 0.20% to LP Holders
- 0.05% to Treasury and Team
Option 1:
- 3% buyback.
- 0.1% on deposits in vaults;
- 0.1% on withdrawal in vaults before 3 days
- 1.5% of profits generated will go to the astarnova treasury
Option 2: (Only for WGLMR)
- 3% buyback.
- 5% on deposits in vaults;
- 5% on withdrawal in vaults before 7 days
- 1.5% of profits generated will go to the astarnova treasury
Emissions
Emissions: 0.06 Novas per sec (5184 NOVAs Day)
Initial liquidity: 200,000 Novas and 2000000 WASTR.
Presale: The presale will be to add liquidity to the protocol.
Initial liquidity locked for 10 weeks, each week 10% is unlocked, all through the presale contract
When the presale ends, farming will be activated
We will be studying the price of NOVA and see if we can lower the emissions more and more.
Presale
The presale is active, you can participate and read all the conditions.
The presale will close once the amount to be raised is reached.
Presale: https://app.astarnova.io/pre-sale
Community Events
You can earn passive income from nova tokens by participating in upcoming community events.
Community points: https://app.astarnova.io/community
Contact
Email: astarnovaio@gmail.com
You can ask us on twitter:
Twitter: https://twitter.com/Astarnovaio
Or telegram…
Telegram: t.me/Astarnovaio
