Announcing Astarter ISPO Transition Reward Incentive, TRI75 and more.
Astarter ISPO Transition Reward Incentive, TRI75 is now live on the Astarter Dashboard with AA1 stake pool margin parameter set to 25% both ADA and AA rewards increase to give more reward for staking with Astarter.
For those new to Astarter the project launched the first Astarter ISPO (v1.0) component at the end of September 2022 (Epoch 366), enabling staking $ADA to Astarter AA1 stake pool to earn an assignment of $AA tokens. After 30 Epochs the first ISPO pool AA1 moved into a Transition Reward Incentive phase increasing rewards with an incentive consisting of three incremental tiers, TRI75 is the highest reward tier for staking ADA to AA1 stake pool.
During TRI75 AA1 stake pool ISPO base $AA reward increases by 75% and the pool $ADA rewards rate is 75% inline with the pool margin parameter of 25% when activated on-chain.
Example: 1000 Staked ADA = 0.875 AA per epoch.
More on the Astarter ISPO Transition Reward Incentive can be found from the Astarter website. The Astarter ISPO Dashboard is accessible on the Astarter website by navigating the menu to Products | ISPO.
New developments and updates.
Following the launch of the Astarter AA1 stake pool, there has been a mountain of development. While market conditions haven’t been favourable for the TGE, we adapt and remain consistent with a community and security-first approach to product development. The first beta product was released six months after smart contracts went live on Cardano. Multiple Beta tests of Astarter DEX versions, leveraging the performance of Plutus v2, passing an external audit, and bringing enhanced transactions to ADEX v3.
During this time, our aim to align principles of decentralisation and web3 with current and future network participants reflects our commitment to community building with regular events and campaigns.
The processes required for TGE are now progressing in the background, and the project is poised to release some new and exciting updates. There are no promises relating to market conditions, yet all being well, alignment between now and mid-Sept will be favourable and present an exciting $AA accumulation phase.
As we continue to develop more DeFi infrastructure to support the project and DeFi ecosystem (to be unveiled), the Astarter AA2 stake pool that went live in November 2023 is performing well in producing regular blocks, with over 1600 to date. All That said, as we enter a new historical cycle, we would first like to bolster AA2 pool rewards. Therefore, in the days ahead, we will announce an update to deliver AA rewards for staking ADA with AA2 with the launch of Astarter ISPO v2.0. Stay tuned for more on this exciting update and announcement.
We thank our readers and community members for their continued support and patience as the background processes to deliver AA TGE, listings, and more to shape the future of Astarter DeFi are underway.
Join us on this exciting journey! Thanks for reading.
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