Alnair Finance
  • 🖥️Overview
  • 📖Synthetics Tokens
  • 🪐Why Astar Network
  • Alnair Finance
    • 🚀Alnair Launchpad
    • 💎ALNR
      • ⚒️ALNR Token Utility
      • ♻️Alnair tokenomics
      • 🌳Liquidity Mining (Farms)
      • ⚙️Staking and Locking
    • 🔐Audit
  • NIKA Conqueror
    • 🔮Nikanomics
    • 😂$NIKA
  • Mechanisms
    • ♾️Collateral Ratio
    • 🛠️Minting and Redeeming
    • ⚖️Price Stability
    • ⚔️Flash Loan Protection
    • 💰Protocol Owned Liquidity
    • 📈Alnair Vaults
    • ⚡Create LP with ZAP Button
  • OTHER
    • 👣Roadmap
    • 📲Links and Socials
    • 📸Brand Assets
    • FAQ
      • What is the APY?
      • Overflow model
      • Effects of Auto-compounding
      • xALNR FAQ
      • How exactly have we secured ourselves against depgs?
  • Getting Started
    • 👜Wallet
    • 🌟How to connect Metamask to Astar network
    • 💱How to withdraw $ASTR from CEX to Metamask
    • 🌉How to bridge Assets to Astar network?
    • 🌉How to transfer assets from Ethereum & BSC to the Astar ecosystem.
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  1. OTHER
  2. FAQ

How exactly have we secured ourselves against depgs?

The pool will never run out mining process - 1 ASTR exchange 1 ASTX if there are 6000 ASTX in circulation, the pool will have 6000 ASTR and at the time of redemption, it will have a 0.5% fee, so the pool will always have a surplus in conclusion, the price of ASTX will never go down

1️) when ASTX < ASTR : users can exchange ASTX and redeem ASTR for more profit

2️) when ASTX > MMF : users can mint ASTX at a ratio of 1 : 1 with ASTR for more profit

Our ecosystem will not only increase the number of times ASTR is used, but also stabilize the price of ASTR over time. For example, when there will be 1 million ASTX on the market, that means there will be more than 1 million ASTR locked in the pool

Alnair is not like other projects which keep a reserve coffers to keep the tethering. However, we do keep tokens mined by users so that they remain tethered forever as long as the Astar Network and ASTR are alive.

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Last updated 2 years ago