How to earn with liquid staking on @AstarNetwork ?
Let's explain @Algem_io
Here is a quick overview of the project.
1/ What is AIgem?
@Algem_io is a liquid stacking protocol on top of @AstarNetwork
. It offers new ways for $ASTR holders to earn more.
2/ What does AIgem solve?
AIgem gives access to DeFi on @AstarNetwork
It allows $ASTR holders to earn rewards for their investments.
3/ How does it work and what are the benefits?
There are several solutions provided by @Algem_io:
Liquid stacking:
18.1% on their stacked $ASTR without having their assets locked
$nASTR Farming :
Use $nASTR on partner protocols (Liquidity provision, Lending, Staking…)
Get improved reward calculations
Have more security while managing everything in one place.
Liquid Lending:
Lend their ASTR tokens to other DeFi protocols
Receive nASTR tokens
Earn lending rewards
4/ Who are the founders?
@Algem_io iss developed by a team of experienced blockchain developers.
The team includes @igorthemagician (CEO), @gaius_sama (also core team at Astar Network), @gl_r93 (Core Team | Content Creator and CM) as well as other people.
5/ NFT Collections
@Algem_io is the first project on @AstarNetwork to combine NFT and DeFi.
Owning NFTs provides advantages such as:
-
Discounts on fees
-
Increased APR
-
Access to private groups
6/ $ALGM token
$ALGM is the native token of the Algem protocol, It is used for governance and allows users to earn more rewards.
$ASTR #ASTR
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