TERRA (LUNA) Liquidity Wars — What you need to know about Astroport, $ASTRO and Retrograde

This was originally published as a thread, in this post I added a few more details and pictures :)

Let’s talk about @astroport_fi $ASTRO and $xASTRO! Why you probably don’t have enough and how @retrogrademoney will fit in.

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.

Learn everything about Astroport in their official docs: https://docs.astroport.fi/astroport/.

2. Staking & Fees

So fees generated by traders are used in multiple ways:

How trading fees are distributed

LP providers and stakers are rewarded. But also ASTRO tokens are bought from the free market and sent to stakers.