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Delphi Digital partner proposes Astroport reduce ASTRO token emissions

2023.12.08 - 05:12

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TechFlow News, Delphi Digital partner José Maria Macedo tweeted that decentralized exchange protocol Astroport is the top AMM on its chain, with few competitors and most liquidity difficult to move. He proposed reducing the ASTRO token emissions ahead of the launch of vxASTRO.

He noted that Astroport currently emits 110,000 $ASTRO tokens per day. As the price rises, LP yields increase, making the protocol less "profitable," since profits equal holder income minus the value of $ASTRO token emissions.

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