Delphi Labs and Astroport has launched Asteroid Protocol, a new open-source subscription framework for Cosmos Hub and other applications.

#web3 #cosmos #DelphiLabs #Astroport

👉👉👉 #Astroport Effectively Migrates Staking & Governance From #terra to #Neutron

Astroport, a Tera-based automated market maker (AMM) renowned for its non-custodial and decentralized liquidity, has achieved a significant milestone. In a recent announcement on X, the platform revealed its successful migration of staking & governance operations from the Terra blockchain to Neutron.

This groundbreaking move marks the first-ever transfer of a protocol's governance hub from one #Blockchain to another within the Cosmos ecosystem.

Astroport's Latest Migration Facilitates Staking and Governance on Neutron

- This initiative underscores a new era of interchain collaboration and functionality, according to the company. Astroport provided insights into the details of this migration, indicating that xASTRO and ASTRO tokens have transitioned to TokenFactory's standard. Consequently, ASTRO has been renamed as ASTRO.cw20, while xASTRO is now identified as xASTRO.cw20.

Users can now stake and participate in governance on the Neutron blockchain by converting their tokens on Astroport's swap pages. ASTRO stakers & holders are urged to take specific actions for a smooth transition to the latest tools and standards, with no liquidity pools created across chains.

Token Conversion Process and Access to New Features

- Token conversion is accessible on all chains except Osmosis. For Osmosis users, token bridging to supported chains is required before swapping. Stakers must first unstake their tokens to initiate the conversion process. Subsequently, they can restake by utilizing the bridge page to migrate tokens to Neutron.

Introduction of vxASTRO on Neutron

- Liquidity providers have the option to withdraw tokens by removing liquidity from existing pools and convert them through swaps. To reintroduce liquidity, they can add the new tokens to Astroport's exclusive on-chain ASTRO pools. Following the migration, the company plans to unveil vxASTRO on the Neutron blockchain, further enhancing its offerings & functionality.

Source - blockchainreporter.net

#BinanceSquareTalks

By popular demand, DEX Screener is now tracking Injective! 💉

Link: dexscreener.com/injective

They're starting with #Astroport , but looking to add #Helix too.

This is a huge and necessary development on Injective, DS picks up all new tokens very quickly, and you get to use all the features you already know: watchlists, alerts, maker analytics, multicharts, free API and so on.
Check it Now and join us at $INJ

Another Hack ⚠️

JUST IN: Terra blockchain suffers major hack resulting in loss of millions in tokens.

It includes 60M $ASTRO and 2.7 $BTC . Attack exploited a known vulnerability in IBC protocol, causing $ASTRO to plunge 53%.

#Terra #Astroport #CryptoSecurity

📢 IMPORTANT NEWS ALERT 🔔

➖➖➖➖➖➖➖➖➖➖➖➖➖

🚨 Astroport Addresses Terra Chain Emergency Upgrade 🚨

Foresight News reports that Astroport, a decentralized trading protocol, has announced a pause on the Terra chain due to an urgent upgrade. This action follows the discovery of an IBC vulnerability exploit, which led to the unauthorized minting of multiple tokens, including ASTRO. With the chain currently halted, no additional tokens can be minted. Astroport contributors are working closely with other chains and Cosmos developers to decide on the next steps.

#Astroport #BullBanter #Crypto #Blockchain #SecurityUpdate