What is AstherEx
AstherEx stands out as a pivotal component of the Astherus ecosystem, offering a comprehensive decentralized derivatives exchange platform. This platform supports the trading of LST and other staked assets. Crucially, AstherEx allows for staked assets to be used as collateral, enhancing the flexibility and utility of asset holdings.
Key Features of AstherEx:
Trading with Re-Staked Assets as Margin:
Overview: AstherEx innovatively supports the use of re-staked assets as margin, enabling users to engage in trading major cryptocurrencies like BTC and ETH without liquidating their staked positions.
Benefit: This feature offers traders liquidity flexibility, allowing them to maintain their staking benefits while accessing trading opportunities.
Derivative Trading with Re-Staked Assets:
Overview: The platform extends its innovative approach to derivative markets, where users can use re-staked assets to trade derivatives, such as ETH rate contracts.
Benefit: This allows for hedging strategies and exposure to various financial instruments, all while leveraging the value of staked assets.
Earn Points Through Trading/Deposits:
Overview: AstherEx rewards its users with points for engaging in trading and deposit activities on the platform. These points can be used towards accessing special features or as credits for future transactions.
Benefit: This loyalty program incentivizes active participation, enhancing user engagement and contributing to the platform’s liquidity and vibrancy.
Benefits of AstherEx in the AstherLayer Ecosystem:
Enhanced Liquidity: By allowing staked assets to be used as collateral, AstherEx significantly enhances the liquidity available within the Astherus ecosystem.
Risk Management: Offers users advanced trading strategies and tools, enabling effective risk management through derivatives and margin trading.
Community Engagement: The points system fosters a sense of community and rewards users for their loyalty, encouraging continuous interaction with the platform.
Last updated