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Terraform Labs purchased 22.4 million ASTRO through OTC

Sep 18, 2024 21:06:23

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ChainCatcher news, Terra stated that to support Terra ecosystem projects, Terraform Labs (TFL) has purchased 22.4 million ASTRO through OTC. ASTRO is currently priced at $0.06.

This week, the decentralized trading protocol Astroport and contributors from Delphi Labs released the vxASTRO 2.0 proposal, which will allow vxASTRO holders to vote on the release of ASTRO from their preferred pools, with a minimum lock-up period of 2 weeks. Additionally, protocol fees will continue to be distributed proportionally to xASTRO and vxASTRO. Astroport also launched a new tributes protocol (Curve-style voting incentives), which will be exclusively for xASTRO lockers.

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