Announcing ASTROBooster

It’s time to give back to our beloved Terra community

At Orion Money, we’re building the first cross-chain stablecoin bank. Our initial vision was — and still is — to enable everyone (not just so-called “accredited investors) to reach financial freedom in a safe and easy way.

  1. DeFi — and TeFi even more — should be incredibly easy to understand and use for the average Joe, not just accredited investors.

What is ASTROBooster?

As mentioned above, we’re big fans of Astroport and its ve-tokenomics. However, to make the most out of it, $ASTRO holders need to make many compromises, such as buying and locking ASTRO tokens for up to two years to generate maximum rewards.

Boosted Yield for Astroport LPs with ORION and NFTs

How ASTROBooster exactly works?

So what does ASTROBooster do exactly and how does it work?

Convert your $ASTRO or xASTRO tokens into a derivative orionASTRO token

On ASTROBooster, you’ll be able to convert your $ASTRO or xASTRO tokens into a derivative orionASTRO token at a rate 1 orionASTRO per 1 xASTRO.

  • 100% of the rewards on x/vxASTRO in the same way as you would receive when you lock your xASTRO on Astroport for the duration of two full years!
  • Extra! 15% of all the LP rewards from Astroport (40+ LPs will be available soon)
  • Extra! More rewards in $ORION tokens (will be auto-compounded soon too)
  • Extra! Automatically enter to win over 1000 Terra NFTs (we’ll be running 50 NFT giveaways per day for the first week, and then 10 NFTs per day until 1000 NFTs giveaway is completed)
  1. We’re estimating that the combined ASTROBooster rewards will be the highest on the market. Not only significantly higher than original x/vxASTRO rewards but likely much higher than what other projects will provide you for your ASTRO/xASTRO!
  2. You will start receiving your rewards as soon as you convert and stake your ASTRO/xASTRO — without 3 months waiting time!
  3. Also, the rewards will be the highest at the launch so make sure to convert & stake your ASTRO/xASTRO as soon as ASTROBooster is open!

Boost APYs of your Astroport LPs with $ORION and NFT staking

You will be able to stake your Astroport LPs (or create new ones) on Orion’s ASTROBooster. You will receive up to 80% boosted LP rewards by default, with additional APY boosting when you stake $ORION tokens or Terra NFTs. Launch of LPs on ASTROBooster will start with setting up of xASTRO-orionASTRO pool which will be paying out significant rewards to its LPers.

  • NFT staking
  • NFT borrowing and lending
  • NFT analytics and rarity calculator
ASTROBooster flow. Exact % might be changed with time as needed.

WEN ASTROBooster launch?

Orion Money team has already been working on ASTROBooster for a while — we’re now in the process of finalizing everything and getting ready to launch it on…🥁

About Orion Money

Orion Money’s vision is to become a cross-chain stablecoin bank providing seamless and frictionless stablecoin saving, lending, and spending. Within the Orion Money stablecoin bank, we have three main products planned — Orion Saver, Orion Yield and Insurance, and Orion Pay. Orion Money uniquely brings high yields from Terra to users on blockhains in easy-to-use dApps.

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Orion Money

Orion Money

Orion Money's vision is to become a cross-chain stablecoins bank - the best place in DeFi for stablecoin saving, lending, and spending. Check www.orion.money