AstroSwap Launched Today – Will ASTRO Do Another 200x?

AstroSwapan interoperable and beautifully designed DEX launched today, January 28, 2022. In a press release on January 20, the much-anticipated activation precedes a period of unprecedented performance for its native currency, ASTRO.

ASTRO roared 210X in early November 2021

According to trackers, ASTRO has been defying gravity since its listing, outperforming BTC and ETH several times. After completing the initial decentralized exchange offering (IDO) on ADApad, token rose 210X within the first few days of trading.

ASTRO maintains an upward trajectory and outperforms other digital assets despite a suppressed cryptocurrency market. By the end of the first week of January, the ASTRO token was up 20 percent and rocketed as the broader crypto market fell about four percent.

For its stellar performance, ASTRO received a bullish outlook from InvestorsObserver after analyzing price movement and trading volumes in the first five days of the year.

AstroSwap Features

The excitement surrounding the launch of AstroSwap on the mainnet is palpable. Most importantly, investors and the wider DeFi community are ready to take advantage of the goodies presented on the table. The interoperable DEX will take DeFi by storm, providing irresistible trading opportunities to global users at the best possible rates.

The DEX would enable the fast, low-cost exchange of backed tokens on the launch platform as traders take maximum advantage of a technology expertly developed by the WagyuSwap team.

On the table, AstroSwap offers ultra-high APYs for participants. The DEX developers then allocated 45 percent of the 10 billion ASTRO to strike reserves. Other notable features besides yield farming in the AstroSwap DEX include:

Bridges interoperability. These links allow users to send tokens cheaply and instantly. The exchange plans to integrate MetaMask. The web browser wallet is customizable and blockchain agnostic. It can link to most EVM compatible blockchains such as the Binance Smart Chain (BSC), Harmony and more. As of August 2021, MetaMask had over 10 million active users, making it the world’s largest non-custodial wallet. AstroSwap supports Cardano (ADA) and Velas (VLX). These are basic tokens needed to pay on-chain fees. Automatic liquidity lock and a lottery system to launch in Q1 2022.

AstroSwap Host Partnership with Ferrari

These features are only possible because AstroSwap is launched from the highly scalable and inexpensive Velas blockchain. The network boasts transaction processing speeds of over 75k, making it one of the fastest in the world.

Especially with technical support from BlueZilla, AstroSwap has a symbiotic partnership with Velas and WagyuSwap, which makes the DEX excellent and could easily become the largest in the world.

Velas, who hosts AstroSwap, already has partnered with SpaceChain and sent a light node into space on SpaceX’s Falcon 9 rocket. The aim is to increase the safety of the chain and to raise quality standards.

At the same time, they teamed up with Ferrari to see the brand plastered onto Formula 1’s giant race cars. This will significantly boost their brand awareness, benefiting their ecosystem and, by extension, ASTRO holders.

Branch to Cardano

Given the interoperability of the Velas blockchain from which AstroSwap is deployed, the DEX plans to expand to Cardano to provide advanced DeFi products. The DEX is launched on Cardano using the Swapz Bridge allowing the exchange to operate as a layer-2 without losing EVM compatibility and multi-coin support.

Cardano has made a name for itself as the most innovative blockchain in the world. Despite Cardano’s offer, the launch of what was billed as the first DEX was messy and marked by delayed transactions that took hours. The launch of AstroSwap solves these problems.

Later, AstroSwap will also be launched on Solana, providing more opportunities for traders and ASTRO holders, and in the meantime, AstroSwap will refund all transaction fees incurred by users in VLX, sent back directly to holders. Neat.

Why AstroSwap is a cut above the rest

for what AstroSwap plans to offer, it’s clear why the mainnet launch dominates DeFi. AstroSwap has a vibrant community, is supported by BlueZilla and the developers are open and constantly engaging the community through AMAs. They also regularly hold contests where users can win ASTRO prizes. All this makes ASTRO a strong buy, which explains the confidence among the holders.

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