A Quick Word from Jason
Hello Athos Community!
I’m Jason, the Product Lead from Linear Finance, and together with Bowser, our Ops Manager, we’ve recently taken on advisory roles here at Athos. I would like to take a few minutes of your time to introduce myself and to share some of our plans for the project going forward.
Athos Finance, the sister project to Linear Finance, was launched on Moonbeam to enhance the cross chain functionality of our shared protocol. Overall user adoption of the Moonbeam chain has been slower than anticipated, this coupled with the current market conditions has meant finding new users for Athos has been a real challenge. Without users we’ve seen little in the way of trading volume, and therefore minimal income for the project.
We are also facing a challenge currently with the lack of trading volume of our native token, $ATH, on MEXC. There is a risk the token will be delisted if volumes do not increase. We would like to encourage the community to both trade our coin on MEXC and hold a small $ATH balance on the exchange if you are able. If we are delisted from MEXC, do not be concerned, we are still listed on StellaSwap and we will continue to operate as normal. Our focus at the moment has to be building and developing the protocol and attracting new users to both Athos and Moonbeam. It is not the team’s intention to throw time and financial resources at maintaining an exchange listing that brings such little value to the project.
So what are the plans for the future? With Bowser and I working closely together with Kelvin we can ensure that developments that happen for Linear can be swiftly shared with Athos. Linear is currently preparing to relaunch after being exploited, but shortly afterwards we plan to deploy Multi-Collateral Staking, a new website, some AI based tech, and ultimately a new Order Book Dex to complement the Synthetic Asset Exchange. Most if not all of these items can be quickly and efficiently shared with Athos.
Athos won’t just benefit from Linear’s progress; we’re also carving out our unique path with developments guided by our team, our users, and the Moonbeam foundation’s vision.
Finally a quick note regarding the reward unlocks, this is work-in-progress and will result in you enjoying the same automated unlocking process as the users on the Linear side. You won’t lose any rewards and you can look forward to a big catch-up week when we open it up again.
Communication will also be improved from here, with more regular updates in the Discord and a stronger presence on Twitter.
Team Athos
About Athos Finance
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with infinite liquidity and no slippage.
