What makes Asteria Tokenomics so Unique?

The chart above illustrates the distribution of Asteria's ATAT token. The most significant piece of the distributions is dedicated to mining to ensure deep and rich liquidity on the protocol. Moreover, the economic structure attracts utility and dynamic value from the entire ecosystem, ensuring community prosperity.

ATAT Mining Mechanism: LP Liquidity Mining + Transaction Mining + Advanced Staking Mining

1. Liquid Mining (Market Makers):

LP Token staking: For different collateral asset pools, coefficients are determined based on the size of the pool and the total transaction volume (=total premium + total liquidation fee) of the asset, and the mining output of each block of each pool is distributed by its coefficient.

LP Token + ATAT staking mining: The platform token ATAT could be staked as a mining accelerator based on the first mining model.

2. Transaction Mining (Option Products Buyers):

The contract will accumulate the fees given by each transaction for each user and the total transaction volume of the entire system. The mining output triggered by each transaction will be distributed according to the proportion of the current user’s total transaction volume to the system’s total transaction volume.

When a user’s transaction triggers the platform’s hedging operation, the user’s total transaction volume at this time will be temporarily multiplied by a dynamic multiplier as the platform’s additional rewards and coverage of the hedging cost.

The mining output of each transaction will be dynamically calculated based on the settlement fee yet to be deployed for ATAT repurchasing and the current price of ATAT. Several gift periods will be set to reward early contributors, and the mining output of each transaction is X times (X>1) of the above calculation result. X decreases as the number of periods increases, thereby encouraging early traders.

3. NFT Staking Mining (More for Option Buyers):

The transaction mining pool will be added to the liquidity mining contract, sharing the mining rewards with the LP pool generated by each block. Trading users to participate: A NFT representing the option contract purchased would be issued for the buyer. For base option buyers, an NFT in non-exercised status after expiration could be staked for mining. The mining power coefficient of each NFT is proportional to the option premium, also accelerable by staking ATATs. The acceleration rules are similar to liquidity mining.