Astra DAO is an open-source, non-custodial index investment platform built on Ethereum. Astra DAO facilitates easy access to crypto-oriented investment strategies through a unique tokenization process. For a complete technical description of Astra DAO, check GitBook.
Upon initial launch on August 16th, 2022, ASTRA was airdropped to community members who passed KYC and whitelisted their wallets. A proposal to enable token transfer was created and passed. ASTRA became available for trading on Uniswap. Several features were launched on the platform, including the liquidity mining program and staking capabilities, for which the rewards had an APR of about 126% and 89%, respectively. And then, the ETH merge occurred.
If you recall, during the ETH merge, we had to pause our contracts and deploy new contracts for version two (V2). The team worked diligently on improving the platform and with suggestions from users. Astra DAO has also completed its recent audit from Quill Audit and was previously audited by Hacken and Halborn to ensure safety.
What should you expect in V2?
Users can create and launch their indices on the platform and earn performance fees. To learn more about how to create an index, check here.
Users can invest in an index they believe will increase in value.
Users can stake for a longer period - 6, 9, and 12 months and earn more Astra. To learn about how to stake, check here.
Lower staking gas fees.
Reduction of staking cooldown period from 7 days to 1 day.
Reduction of queue/execution time after a proposal is succeeded.
Astra DAO also plans to launch a bug bounty program shortly as part of their safety measures.
Follow Astra DAO's social channels to learn about the launch date: Twitter, Telegram, Discord, Mirror, Youtube, AstraDAO Documentation.