Astra DAO
ASTRADAO #10545Project Safety Score: 20%
Updated 2 weeks, 6 days agoMechanics
Distribution
& Market
Behavioral
Credibility
What is the project about?
Astra DAO is a decentralized and non-custodial automated crypto asset allocator built on Ethereum. Astra DAO provides convenient and practical access to crypto-oriented investment strategies. Astra DAO’s use case includes providing various investment products/indices, participation units marketplace, user staking, harvesting investment strategies profits, zero-fees user participation model, and an improvement culture using the DAO-managed Treasury.
What makes your project unique?
Researching and identifying profitable crypto assets is difficult for investors due to a lack of time and resources. And also, building a diversified crypto portfolio is complicated and expensive for investors.
We are solving this by providing a decentralized index platform that encourages sustainable returns through active participation, governance, and management of value aggregation to all participants.
History of your project.
Launched VI - August 2022 with the following:
●Adding new custom products by users (creators) ●Staking score ●Adding human-managed products (investment managers) ●Exit fees progressive reduction mechanism ●Staking and Lockup vault ●Staking cooldown period ●iTokens staking ●Liquidity mining and Rewards system ●Loyalty appreciation (ranks + unlockable benefits) paired with staking score ●Governance forum ●Audit
Launched V2 - May 2023 with the following:
Chainanalysis KYT address blocking of wallets ● Gasless Voting ● Fix Stake and Restake functionality issue ● Reductio
What’s next for your project?
Ensuring we implement our user acquisition and marketing plans.
What can your token be used for?
*Utilities Access
*Mean of Reward
*Development fund
*Treasury Reserve
*Voting and Voting Power
*Staking
Risk Report
Cryptocurrency carries risk. Every project listed on this site, regardless of its score, operates in a volatile and largely unregulated market. Tokens can lose most or all of their value. A high score reflects lower structural risk based on the data we can measure. It does not mean a project is safe, that the price will hold, or that losses are unlikely. Always research independently and never commit money you cannot afford to lose.
