Athos Finance Upcoming IDO on StellaSwap
Athos Finance upcoming IDO on StellaSwap is the first project that StellaSwap will be hosted. Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. In simple words, Athos is an end-to-end synthetic asset.
Athos Finance Infrastructure
- An issuance protocol for synthetic assets, starting with their over-collateralized stablecoin called athUSD
- A derivatives exchange where synthetic assets can be traded called Athos Exchange
- Single-sided vault for passive yield farming
A key value proposition of Athos is that it provides users with on-chain price exposure through synthetic assets with infinite liquidity and no slippage.
IDO Launchpad Details
Athos will launch their native token, ATH, on StellaSwap through an IDO on its launchpad. This will be the first IDO launchpad for StellaSwap. The expected date of the IDO will be early August.
- Launch of ATH via a fixed-price offering on StellaSwap’s launchpad
- Creation of an incentivized liquidity pool for trading ATH tokens
Athos Product Suite will consist of three main pillars, Buildr, Exchange & Vault
Athos Buildr
a. Build $athUSD by staking $ATH and other on-chain assets — Athos Buildr is your entryway to the Athos Product Suite. Users can stake $ATH to build $athUSD, the base currency of the Athos Ecosystem. With $athUSD, users can then gain investment exposure to all products within the ecosystem. Eventually, users will also be able to stake other on-chain assets as well once the debt pool is upgraded to multi-collateral.
b. Claim weekly staking rewards in $ATH and a proportion of Athos Exchange trading fees in $athUSD — Users who build $athUSD take on the risk of the debt pool and act as a pooled counter-party against all synthetic asset trades on Athos Finance. Therefore, they are also entitled to weekly staking rewards in $ATH and a portion of Athos Exchange transaction fees, which are claimable as long as their P-ratio is above the Target P-ratio at the time of claiming. Eligible users can collect these rewards with the Claim function in Athos Buildr.
c. Burn $athUSD to unstake your $ATH or manage your pledge ratio — Lastly, The burn function comes in handy when users want to increase their P-ratio without staking additional assets. They can opt to burn the extra $athUSD instead. If users want to unstake assets from the Buildr to exit the system, they can also burn their $athUSD debt to unlock the collateral.
Athos Exchange
- Trade synthetic assets with infinite liquidity and no slippage
- Manage all your trading positions under one dashboard
Athos Vault
- Generate passive income with $athUSD
- Farm $ATH and other rewards with LP tokens
ABOUT Athos Finance
Athos Finance is the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with infinite liquidity and no slippage.
ABOUT StellaSwap
StellaSwap is the first and leading Moonbeam DEX that offers an integrated gateway to the DeFi world. Users can swap, earn, yield farm, bridge assets, explore new projects, and engage in NFT trading all from a single unified platform. StellaSwap’s products structures in such a way that facilitates decentralized governance of STELLA holders while continuing to innovate on the collective foundations by design.
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