Astro Protocol

Astro introduces USDA, an over-collateralized stablecoin developed on AO’s hyper parallel computing environment. Stablecoin

Astro USD, or USDA, is an AO-native stablecoin used to transact, facilitate, and interact with various other DeFi protocols in the ecosystem, while acting as a store of value, a medium of exchange, and a unit of account.

USDA is a stablecoin backed by assets within the Arweave and AO ecosystems. It leverages Arweave's decentralized storage and AO's smart contract-like processes for secure and efficient value exchange, balancing transparency and decentralization.

Framework & Modules

Astro Protocol is a blockchain-based framework that enables the minting of stablecoins and synthetic assets, backed by on-chain collateral stored and managed by processes developed within the AO compute environment. Astro introduces dynamic liquidation processes and stability modules to enhance system resilience and user trust.

Last updated