Lock your ASTRO with Spectrum and earn higher yield in UST!

Spectrum Protocol
4 min readApr 25, 2022


Astroport will soon launch vxASTRO and LP boost, LP providers who lock ASTRO will get maximum boost up to 2.5x.

When Astroport launches a new LP boost, Spectrum will then open the ASTRO Lock Vault. The ASTRO in this vault will be locked forever and you will get spASTRO (staked perpetual ASTRO) as a receipt token, this token will be liquid and tradable so you can exit your position whenever you want.

This might sound similar to other platforms, but here are the differences.

Staked Perpetual ASTRO (spASTRO) Value Chain

Spectrum already has a lot of TVL on Astroport pools. ASTRO lock can earn 85%-130% APR on Day One.

Unlike other protocols, where they need time to ramp up TVL on each pool in order to get boosted. Spectrum already has a lot of TVL from many pools on Astroport. Ramping up ASTRO locking is much easier.

In case you wonder, how much is it for the APR? Based on the current TVL of Spectrum, on the first day of LP boost, Spectrum can provide an extra 45% APR to ASTRO locked stakers right away. With LP boost rewards and together with Astroport gov income (vxASTRO rewards), the total APR will be 85%.

We also have a dynamic boost rewards distribution (explained below). In case the boost still has not reached 2.5x yet, the rate will climb up to 90% extra APR. Total APR from boost plus Astroport gov income will be 130% APR!

While other platforms have not yet launched. Spectrum’s TVL still keeps increasing and APR can be even more.

APR paid in UST

Comparing ASTRO to dividend stocks, Astroport, one of the largest DEX in the world, is a very good platform to invest. If you stake ASTRO in Spectrum, the yield will be paid in UST, and it will automatically deposit to Anchor, so you will keep earning even if you have not claimed.

This provides you the similar value proposition as SPEC staking or LUNA. If ASTRO price has no change, you can enjoy 85% — 130% APR paid in UST. If the price goes down, you will have a higher APR. But if the ASTRO price goes up, you can enjoy a capital gain. In any scenario, ASTRO locked stakers with Spectrum will win.


Incentivized spASTRO-aUST Pool

Unlike other protocols that pair an ASTRO token with another ASTRO derivative token, you need to pay more commission on exit, and LP providers also earn less trading fees (at 0.025%). Incentivized spASTRO-aUST pool has yield bearing tokens on both sides. Even if there is no trading, spASTRO prices will keep increasing (from both Astroport and Anchor yields). When there is trading, you earn more trading fees (at 0.200%). Moreover LP providers will also earn SPEC and ASTRO as rewards.

Auto vote and Auto bribe taking

Spectrum always provides vaults for the users to enjoy high yield with minimum effort. Spectrum will automatically vote with voting weights that will return the highest yield to both ASTO locked stakers and LP providers. When Astroport launches a bribe marketplace, Spectrum will also take it into consideration and vote for the highest return.

When there is no bribe, Spectrum will vote based on Spectrum’s market share on Astroport. For example, if Spectrum has 3 pools,

ASTRO-UST: Spectrum TVL 4M, Astroport TVL 80M, market share 5%
ANC-UST: Spectrum TVL 4.5M, Astroport TVL 150M, market share 3%
LUNA-UST: Spectrum TVL 6M, Astroport TVL 300M, market share 2%

The weight for ASTRO-UST, ANC-UST, and LUNA-UST will be 5,3, and 2 respectively.

Dynamic Boost Rewards Distribution

LP boost rewards will benefit both ASTRO locked stakers and LP providers. However, when the number of staked ASTRO already reached a maximum boost of 2.5x, there will be no incentive to lock more ASTRO. Boost rewards distribution will be reallocated more to LP providers to attract more LP TVL and further increase more boost rewards. On the other hand, if the boost does not reach 2.5x, we need more ASTRO to lock in order to earn more, boost rewards will be allocated more to ASTRO locked stakers to attract more locked ASTRO.

Dynamic Boost Rewards Distribution optimize the best return for both ASTRO Stakers and LP Providers

Will current LP vaults get boosted when ASTRO Lock Vault launches?

Yes, you can just sit, relax, and farm as usual and you will get the extra boost.

I have ASTRO, should I put it into other protocols’ lockdrop or wait for Spectrum?

Other protocols’ lockdrop will open soon for you to lock your ASTRO forever and get new tokens in return. Spectrum ASTRO Lock Vault will open when Astroport launches LP boost, therefore it will take some time.

It is your call to choose the platform you like. Study the product and roadmap for each platform thoroughly. Putting your ASTRO into the lockdrop, you will earn short term rewards, but there is a risk if the platform does not perform. Or you can wait and decide when the boost launches.

Please stay tuned and follow us on Twitter to get latest updates or explore Spectrum Protocol at https://terra.spec.finance