Hi all,
we just looked through some old astroport posts and saw your post @John_Galt about The Future of Astroport: Liquid Staking DEX
This is exactly something that we can and want to provide to the community.
The only difference to Quicksilver, Stride (and Stader) is, that our focus is 100% on Terra being our main base of operations and we want the liquidity be on the Terra Chain, for us also building products around yield. I totally understand your reservations about us being a small new and unknown team.
Let’s setup a small astroport community call where we can talk about our vision, possibilities, what we are working on, what is possible and for you and the community to know us a little bit better.
There is a unique opportunity right now, that we would love working on together with astroport community and capapult:
- Bring ampLuna as collateral for SOLID
- Bring in new amp* liquid staking derivates (or other steak forks) from all or many cosmos chains
- Pair all of them directly with astro (reduced fee to 0.2%), so any swap will go like ampOsmo → ASTRO → axlUsdc
- We are also working on bringing the people from classic (after IBC) → Perfect onboarding experience is possible. They already learn about providing in astro classic, and as soon as IBC is open, we will allow the move of ampLunc to Astroport on Terra 2. Based on our contract volume and interaction, there are a lot more people using Classic than there are on Terra 2.
- Bring the full DEFI around LSDs natively on Terra
- Make Astroport the central liquidity hub for LSDs and also Cosmos DEFI.
Stride had the possibility to launch on Astroport, but chose Osmosis.
Stader is doing other things on other chains and incentivizing there.
We can’t incentivize, as we think product market fit first before tokenomics, but will provide the products, dev power and focus.
Sorry to extend in this topic here, but right now the discussion is fragmented.
Best Philipp