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Neutron(NTRN) vxASTRO Launch
Every token needs liquidity. But today, attracting liquidity is highly inefficient. That's why Astroport designed vxASTRO, and why the Neutron DAO holds 52.6M $xASTRO.
Insufficient asset liquidity increases a project's risk of failure and makes it difficult to enable key DeFi integrations. Unnecessary barriers to enter/exit positions are created, and underlying trust is diminished.
Today's system to attract liquidity via token incentives is broken: • Incentives are gated by a manual, slow governance process • Voting power is centralized with a few large holders • Often, those who vote aren't even the ones LPing
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