Astra DAO Acquisition and Platform Shutdown

A New Chapter Begins

We are excited to announce that Astra DAO has been acquired by the Token Metrics Foundation. Read the full announcement blogpost: https://mirror.xyz/0x0035BAb3c7Ab6EbdB9501f0C0cE4FC7C83A447A4/FgDEhjN25lMIfYFu49-bFBoEByy_sLc9xyXX9bjJAWY

This move will allow us to further our mission of democratizing finance and empowering individuals to take control of their financial future.

Important Notice: Platform Shutdown

As part of this acquisition, we will be shutting down all functionalities and discontinuing future development of the Astra DAO platform, including:

  • Index creation and investment

  • iToken Staking

  • $ASTRADAO Staking and Governance

  • Astra DAO Launchpad

Ensuring the Safety of Your Funds

Please be assured that ALL FUNDS ARE SAFE. We are committed to a smooth transition and will take all necessary steps to protect your assets.

Airdrop Details

To facilitate this transition, we will be conducting the following airdrops:

  1. Index Investors: All index investors will receive an airdrop of the underlying assets of the indices at current market rates, as well as accrued $ASTRADAO yield from iToken Staking. Below is the running ROI of the indices:

  2. $ASTRADAO Stakers: All $ASTRADAO stakers will receive an airdrop of their staked tokens, along with any accrued yield.

  3. $ASTRADAO Holders: All $ASTRADAO holders (including holders on CEXs) will receive an airdrop of Token Metrics’ native token $TMAI.

The Future of Astra DAO

While the platform will be shut down, we believe that this acquisition represents a significant step forward for the future of Astra DAO. The Token Metrics Foundation shares our vision to equip traders and investors with tools to make informed decisions on the cryptocurrency market.

The $ASTRADAO token will continue to exist as a CTO (Community Takeover) meme coin. This means the community shall be fully responsible with direction and future of Astra DAO with its mascot; Astra the Dolphin symbolizing the legacy of Astra DAO.

To the Community, we thank you for your support and being a part of Astra DAO’s journey.

The Astra DAO Team

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