Project Overview:
The project is a dApp ecosystem focused on expanding capabilities related to Liquid Staking Tokens (LST) and Restaking (LRT).
In the documentation, the protocol itself will consist of three sub-applications: AstherEx, AstherEarn, and AstherLayer.
AstherEx (already available on the website) is a DEX platform where users can utilize restaked assets for margin trading and also earn points. These points can be used to access additional features on the platform.
AstherEarn (currently in development) is an earn platform that simplifies the staking process as much as possible. AI will be used to analyze and identify the most effective strategies across DEX and yield protocols.
Additionally, in collaboration with Ceffu, stablecoins backed by real estate or government bonds will be issued.
A bit about Ceffu: They are a company that acts as a bridge between institutional investors and the world of cryptocurrency. While they have only 15,000 followers on Twitter, they are followed by notable figures like CZ, Justin Sun, the CEO of crypto.com, as well as Binance, Tron, Injective, DAO Maker, TON, Safepal, and others.
AstherLayer (currently in development) will be an L1 blockchain built on the Cosmos SDK, designed to connect other blockchains to enhance the utility of their LST tokens.
Activities:
Currently, users can lock their assets on the BSC and ERC-20 networks to earn points on the website. Futures trading is also already available. The Total Value Locked (TVL) is $81.5M.
The Twitter account is fairly active, with 1-2 posts daily and collaborations with other projects.
Among the followers, there are about 20 influencers, each with around 5,000 followers, but no top projects have been noticed.
Telegram
Link for the tg channel - link
In summary: The project has a promising concept, especially considering the growing field of restaking protocols. It is still in its early stages, with relatively low TVL and an underdeveloped Discord, where it's easy to become an ambassador. They are building everything on Cosmos, where there is currently only one LST protocol (Stride), so they could easily capture this niche and potentially offer a drop to $ATOM stakers. Given their partnership with Ceffu and backing from Binance Labs, they have the potential to create a high-quality product and offer a substantial drop.
Project Overview:
The project is a dApp ecosystem focused on expanding capabilities related to Liquid Staking Tokens (LST) and Restaking (LRT).
In the documentation, the protocol itself will consist of three sub-applications: AstherEx, AstherEarn, and AstherLayer.
AstherEx (already available on the website) is a DEX platform where users can utilize restaked assets for margin trading and also earn points. These points can be used to access additional features on the platform.
AstherEarn (currently in development) is an earn platform that simplifies the staking process as much as possible. AI will be used to analyze and identify the most effective strategies across DEX and yield protocols.
Additionally, in collaboration with Ceffu, stablecoins backed by real estate or government bonds will be issued.
A bit about Ceffu: They are a company that acts as a bridge between institutional investors and the world of cryptocurrency. While they have only 15,000 followers on Twitter, they are followed by notable figures like CZ, Justin Sun, the CEO of crypto.com, as well as Binance, Tron, Injective, DAO Maker, TON, Safepal, and others.
AstherLayer (currently in development) will be an L1 blockchain built on the Cosmos SDK, designed to connect other blockchains to enhance the utility of their LST tokens.
Activities:
Currently, users can lock their assets on the BSC and ERC-20 networks to earn points on the website. Futures trading is also already available. The Total Value Locked (TVL) is $81.5M.
The Twitter account is fairly active, with 1-2 posts daily and collaborations with other projects.
Among the followers, there are about 20 influencers, each with around 5,000 followers, but no top projects have been noticed.
Telegram
Link for the tg channel - link
In summary: The project has a promising concept, especially considering the growing field of restaking protocols. It is still in its early stages, with relatively low TVL and an underdeveloped Discord, where it's easy to become an ambassador. They are building everything on Cosmos, where there is currently only one LST protocol (Stride), so they could easily capture this niche and potentially offer a drop to $ATOM stakers. Given their partnership with Ceffu and backing from Binance Labs, they have the potential to create a high-quality product and offer a substantial drop.
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