Alnair Finance IDO | Synthetic Asset Protocol on the Astar network

Lida Dinnero — Tue, 13 Sep 2022 08:30:07 +0000

Alnair Finance Overview

Alnair Finance is a synthetic protocol aimed to create a new and innovative fusion markets on the Astar network. It is also the first fractional-algorithmic synthetic token pegged with $ASTR.

It is a synthetic protocol aimed to create a new and innovative fusion markets on the Astar network.

Alnair’s goal is to create synthetic markets for the most popular tokens currently traded in the Astar Network, and then expand even further with new tokens circulate in Astar.

$ASTX is the synthetic token pegged with 1 $ASTR. The purpose of the $ASTX token is to provide long-term Astar Network users and traders with additional utility for their assets and a new way to earn additional rewards.

Users Opportunities in Alnair Finance Platform

🔹Do Farming and earn passive income, first pairs for Farms

ASTX/ASTR LP & ALNR/ASTR LP

In addition, once launched, the team will begin to develop more pools, through affiliate agreements.

🔹Stake $ALNR to get additional rewards

You can see the detailed staking logic here
https://alnair.gitbook.io/alnair-finance/alnair-finance/alnr/staking-and-locking

🔹Earn more APR with NFT

🔹Add that the team after launch will increase pools where users can choose pairs to earn

The next huge milestone is the launch of $ALNR token on September 15, 2022.

IDO HIGHLIGHTS

Sale page: https://alnair.finance/launchpad
Start: September 15th, 12:00 pm UTC
End: September 16th, 12:00 pm UTC
Price of token: 0.4$
Number of tokens for sale: 200,000
Raising amount: 80000$
Deposit token: USDC
Duration: 24 hours
Method: Overflow

How to take a part in token sale

1️⃣ Before Sale
Purchase USDC tokens

2️⃣ During Sale
While the sale is live, commit your USDC tokens to buy

3️⃣ After Sale
Claim the tokens you bought, along with any unspent funds

4️⃣ Well done!
Now you’re a handsome token owner

Benefits of $ALNR holder

$ALNR holders can get whitelist for future launchpad sales. Just as it was and will be for $NIKA token holders. In addition, some long-term holders/stakers are eligible to receive small airdrop of upcoming project native token.

$ALNR holders will also have advantage to try out the first play-to-earn NFT Game on Astar – NIKA CONQUEROR

The NFTs scarcity with its unique attributes and tokenomics allowing you to monetize your gaming experience with $NIKA.

$NIKA is the utility token of the Nika Conqueror P2E NFT game and the basis of transactions and in-game interactions. It is built on the ASTAR network. $NIKA will be used across the ecosystem allowing the players to share a truly unique gaming experience and accumulate rewards during game play.

About $ALNR token

Total supply of 10,000,000 ALNR (100%)
Liquidity mining — 77% (vesting rewards) — 7,700,000 ALNR
DAO Fund — 12% (3 years vesting) — 1,200,000 ALNR
Team (Dev Fund) — 8% (2 year vesting) — 800,000 ALNR — Covers marketing, CMs, PR, peg protection, re-collateralization, etc.
Launchpad — 3% (preminted) — 300,000 ALNR — Public Sale(200k), Initial liquidity(100k)

Alnair Finance Socials

The post Alnair Finance IDO | Synthetic Asset Protocol on the Astar network appeared first on Smart Liquidity Research.

Alnair Finance Partners with Astar Labs

Peter Chijioke — Sat, 04 Jun 2022 07:52:22 +0000

Alnair Finance is extremely delighted to announce partnership with Astar Labs, an Non-fungible token (NFT) collection with added utility.

INTRODUCTION

Astar Labs is an NFT collection with added utility.

The NFT will function as a revenue sharing and governance token for the projects proposed NFT Launchpad, innovative NFT lending and NFT insurance products.

They aim to offer a full suite of NFT launchpad services with the flexibility to assist any type of project or at any stage of development.

Astar Labs is aiming for a relatively low initial price to ensure wide distribution and to reach all levels of the Astar community.

Product Offering

Launchpad and Launchpad services

Astar Labs will be offering Launchpad services for new NFT projects.

The full spectrum of assistance can be offered. If you are an artist and need help on the development side, they can look after the launch and development for you.

Where a creator has an idea, means and ability to promote, they can provide assistance with the art. Basically, they will be an NFT launchpad with all types of assistance, development and promotion within one umbrella.

NFT Lending

Lending against well regarded Astar ecosystem NFTs is proposed with NFTs posted as collateral and funds borrowed against the holders NFT in $ASTR.

NFT Staking

Astar Labs will offer NFT staking for projects whereby third party projects can offer NFT staking through their staking mechanism on the projects dApp.

This will allow NFT projects to distribute income and rewards to their communities without needing to build this infrastructure themselves.

NFT insurance

The longer term aim is to provide NFT insurance.

Tokenomics and Governance

The breakdown of the distribution of funds raised from the initial mint is as follows

50% to DAO Treasury
10% for development
5% for marketing & partnership
5% for incentives to new projects
30% for the team.

About Astar Labs

An Non-fungible token (NFT) collection with added utility and Each NFT is linked to their income producing NFT Launchpad and NFT lending platform.

Website | Twitter

About Alnair Finance

Alnair Finance is a crypto world where users can yield unlimited passive income through their yield optimizer, trading, launchpad and first P2E in ASTAR Network.