Among various DEX launches, KYO Finance has established itself as Soneium’s representative liquidity layer by surpassing $8.5m in liquidity during our first week of launch! This was all possible because of the community, and we are grateful for your support. We will repay you by developing even better products in the future.
As promised before launch, we are making great efforts for the growth of the ASTAR community. We are assigning KYO credits, which are essentially equivalent to KYO emissions, to ASTR-related pairs, and as a result, tokens occupying the largest portion of TVL are ASTR and Astar derivatives pairs like vASTR and nsASTR.
We will continue to work with various partners to cultivate ASTR’s value and grow together. More Astar liquid staking tokens will come to KYO very soon! Additionally, with the start of the ACS campaign and increasing TVL, we believe ASTR token can establish itself as a mainstream asset as it gets distributed to L2 users who are not familiar with Polkadot.
I’ll be an active member of the Astar forum, LFGM together!
We would appreciate it if you could follow our X and show your support.
Thank You @Kai@mojojojoppg ! I believe it’s only a beginning for something really big Glad to see this mutual interest between Astar community and Soneium Spark winners
@Kai
It makes me extremely happy to see how the Soneium ecosystem is growing in such a short time, that’s great! Definitely what you show is just what is expected from great projects like yours.
I would like to congratulate the team! I am using the product and enjoying it a lot. Additionally, leading the DeFi ecosystem is an important milestone! Let’s go.
I want to congratz with the team for all the work they are doing. I really appreciate KYO’s active participation in the forum ( @Kai ) and the effort they are putting in to make ASTR the true Key asset of Soneium Defi. I’m trying your platform from the testnet and I find it very well made and with features aimed at simplifying the user experience. Keep it up guys. I’ve seen the performance of active users and you’re doing great!
I understand that the team is busy with project development. Whenever the team has time and is available, may I trouble you to update us on the project’s progress? I understand that the performance should be moving in a positive direction after the ACS campaign. This way we can support each other =)
Yeap actually we are growing quite fast. Just about to reach $50m TVL ($49.55m now) with abundant volatile liquidity and bluechip stables.
Got optimism grant of 250k and spending on bootstrapping stables and ETH liquidity.
Just acquired another 2.7m LST liquidity in pufETH-ETH.
Kyoto release Ver 2. is being prepared and about to launch in 2 weeks. Whole new design and optimized for our future products.
We are trying to build a platform that is more than just a liquidity holder. We are trying to build the best platform on superchain specialized in seamless trading / liquidity experience.
Thank you for the updated information. From what I’ve read, everything seems to be heading in a good direction. If you have any campaigns or activities that you would like help promoting within the Thai community, we are fully willing to support you =)