Astronos

The bear market has caused many ripples in the cryptocurrency space, including an introspective look at our own tokens internal structure.Some great functionality exists already like our swap &amp; staking pools!But there is an issue with the current state of LP farms, which is the “Renting” of liquidity, rather than the owning of liquidity. The traditional way that LP farms work is that investors can put up LP to farm tokens as a reward. This has two main problems which are the long term creation of an INFINITE supply which causes downward pressure due to the inflation of supply and the LP providers who are farming tokens behaving like mercenaries and farm tokens only to dump and remove LP then go onto their next opportunity hence the term “renting” liquidity. We want to STOP this type of “LP Hopping” as it is undesirable behavior for the sustainability of ASTRONOS.What the ASTRONOS token must do to survive as an ecosystem is shift from a “Renting” liquidity system to one that builds its own liquidity and is being backed by a treasury.Why a treasury? Because it allows us to have deployable reserves incase of a liquidity crisis, make investments in other ecosystems as a community and maximize ASTRONOS as a store of value.Being a store of value is more important than ever in a bear market, and to do this, structure changes will be made to fit this new mandate.These changes will be taking place over the 3rd quarter of 2022.

EXPANDING THE DAO, SHIFTING FOCUS & COMMUNITY TREASURY

astronos

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