Astherus ALP
Earn Au points and share platform trading income when you mint ALP
Last updated
Earn Au points and share platform trading income when you mint ALP
Last updated
The ALP pool provides liquidity for all trading pairs on AstherusEX to maximize capital efficiency. Those who mint ALP participate in the market-making of onchain perpetual contracts. ALP net asset value (NAV) is correlated with the profit and loss (PnL) of the ALP pool, which means that ALP price may rise or fall. Platform fees also contribute to boosting ALP NAV.
ALP APY is generated from ALP’s market-making on AstherusEX — that is, ALP’s profit and loss (PnL), income from trading fees, funding fees and liquidations. Similar to asTokens, APY generated will reflect in the net asset value of ALP.
Minting ALP also earns you Astherus Au points, which can be exchanged for the Astherus token airdrop, thus presenting an additional layer of gains.
ALP can be minted on the BNB Chain or Arbitrum networks. Remember to switch networks as supported assets for minting differ.
