Asteria Tokens

Asteria’s native token $ATAT

$ATAT (ERC-20) is the native token of Asteria Finance Lab. The value of $ATAT is derived from the options transactions and settlement fee of automated options trading and platform revenue from multiple structured products.

$ATAT holders will also enjoy premium benefits such as priority of withdrawal on market makers and options fee discounts for speculation.

$ATAT is also Asteria’s future governance token. By holding a certain number of $ATAT, users are eligible for voting rights and sharing opinions on protocol improvements.

A specific allocation of the $ATAT token supply will be distributed during the public sale like IDO. Investors of the IDO will be early market markets who have invested their assets into on-chain shared liquidity capital pools. After that, more $ATAT will be minted as liquidity mining for both the option(products) sellers and buyers. The emission rate of $ATAT will be decreased based on an open algorithm as an anti-inflationary step for community prosperity and protocol growth.

Asteria token would be also used for mining the tokens of other selected projects that are incubated by Asteria Finance Lab, like Beaver Finance token $BVER, and vice versa. That means $ATAT holders would enjoy the benefits of the entire Asteria universe.

Asteria’s NFT tokens:

Another major innovation of Asteria Options Trading Protocol (AOTP) is to apply the NFT of the ERC1155 protocol into the platform, taking full advantage of its features such as authorship, and identity to perfectly map out options rights and obligations with the NFT tech.

There would be two types of participants in the Asteria NFT economy

Buyer NFT: Speculators/buyers on the Asteria platform purchase options(and products) to receive the NFT as the rights certificate for future settlement. This kind of NFT can be traded over-the-counter, while the right of the option is also transferred seamlessly to the next owner, which would significantly expand the liquidity of the OTC options market and boost the popularity of AOTP.

A speculator’s NFT without exercise after expiration would also be used as mining power of the $ATAT token.

Market Maker NFT: NFTs would be received for (automated) market makers after staking their assets for revenue shares and mining powers. They also can transfer their market maker NFT or the role of liquidity provider via OTC. This arrangement gives investors the flexibility to cash in their investment at any time and avoids position liquidation of the hedging engine so that the liquidity pool keeps unchanged.