About Retrograde Airdrop
Retrograde is a protocol built on top of Astroport, allowing ASTRO stakers and Astroport liquidity providers to get the most out of the Astroport platform, with the least cost and effort.
Retrograde is airdropping a total of 10,000,000 RETRO to carious Astroport users. Non-lockdrop ASTRO-UST liquidity providers and users who held ASTRO by March 30th, 2022, Astroport Bootstrap Auction participants and Astroport Lockdrop participants are eligible for the airdrop.
| Platform | Total Value | Max. Participants | Website |
|---|---|---|---|
| Terra | 10,000,000 RETRO | Unlimited | Click Here To Visit |
Step No 1
Register for the Retrograde Airdrop by creating an account.
Step No 2
Verify your email & log in to your account.
Step No 3
Take part in the referral program and invite 3 friends.
Step No 4
Join Retrograde Airdrop on Telegram group & Telegram channel.
Step No 5
Follow Harbor Protocol on Twitter & like/share the pinned tweet and tag 3 friends.
Step No 6
Like/follow Harbor Protocol Airdrop on Facebook & like/share the pinned post.
Step No 7
Submit your details to the Harbor Protocol Airdrop form.
Boosted ASTRO Farming
Use the power of Retrograde to boost ASTRO staking rewards, Astroport LP rewards, and supercharge your governance power.
Why participate in Retrograde?
Boost Yield
Stake rexASTRO for enhanced yield, paid in ASTRO
Boost LP Rewards
Boost your LP rewards without needing to lock up any ASTRO
Governance Power
Vote on Astroport governance and emissions with RETRO.
Why Retrograde?
Retrograde is a protocol built on top of Astroport, allowing ASTRO stakers and Astroport liquidity providers to get the most out of the Astroport platform, with the least cost and effort.
Yield Boosting
If you are an ASTRO staker who wants to earn fees on Astroport, you can bring your ASTRO to Retrograde to earn all of the trading fees normally directed to xASTRO and vxASTRO, as well as a share of boosted ASTRO received by liquidity providers.
If you are a liquidity provider on Astroport, you can bring your Astroport LP tokens to receive boosted ASTRO rewards on your liquidity positions, without locking up ASTRO into vxASTRO yourself.
ASTRO stakers and liquidity providers also receive protocol emission rewards in the form of RETRO.
Astroport Governance
In addition to yield boosting, the RETRO token offers governance control over the ASTRO tokens in the Retrograde protocol treasury. The RETRO token can be used to vote on Astroport’s native emissions and governance protocols.
Retrograde for ASTRO Stakers
Retrograde offers boosted yields for ASTRO stakers, without requiring stakers to lock up the staking asset.
On Astroport, trading fees are distributed:
- 50% to users who stake their ASTRO for xASTRO, and
- 50% to users who lock their xASTRO for vxASTRO, requiring them to stay locked for up to 2 years
Retrograde for Liquidity Providers
Retrograde offers Astroport liquidity providers boosted ASTRO yield without requiring them to lock up any ASTRO themselves.
On Astroport, liquidity providers earn ASTRO rewards via Astroport emissions, as a reward for providing liquidity. Via the Generator Boosties mechanism, Astroport liquidity providers who are also vxASTRO holders are additionally able to boost their share of ASTRO emissions from 1x to 2.5x (source: https://docs.astroport.fi/astroport/tokenomics/utility). However, this requires liquidity providers to purchase and lock ASTRO tokens, adding considerable principal overhead and risk to their position.
On Retrograde, liquidity providers can enjoy the max boost on their ASTRO rewards without locking up any ASTRO themselves, by leveraging the Retrograde treasury.
Retrograde for Astroport Voters
Governance on Astroport is extremely powerful because of the Generator Calibration mechanism (https://docs.astroport.fi/astroport/tokenomics/calibration).
In short, every 2 weeks, Astroport governors can vote on which liquidity pairs to provide ASTRO incentive emissions for, and how much ASTRO emissions to provide to each.
As Retrograde’s treasury contains vxASTRO, it therefore represents a voting power in Astroport Generator Calibration and regular governance polls.
All of the voting power of Retrograde’s treasury is controlled by the RETRO token, which can be locked to vote on behalf of the Retrograde treasury (pro-rata the voting share of RETRO tokens). Therefore, parties interested in voting on Astroport Generator Calibration or governance polls can do so with the RETRO token.
