Algem and Sirius Finance Partner Up Before Launching

Remarkable Astar Network Projects Are Thrilled To Team Up For A Lucrative Farming Campaign With Spectacular Rewards!

MEDELLIN – Algem, the emerging liquidity hub in the Astar Network and Polkadot ecosystem, is thrilled to announce its partnership with Sirius Finance, the top stableswap AMM on Astar Network and Polkadot.

The partnership comes on the heels of Algem’s official launch on unparalleled Polkadot parachain, Astar Network.

As part of the partnership, Sirius Finance will deploy the nASTR/ASTR pair on its AMM infrastructure for stablecoins and a farming pool for liquidity providers of the nASTR/ASTR pair.

During 3 weeks after launching the nASTR/ASTR pair on Sirius Finance, you’ll get boosted farming rewards, and we’ll be providing a bonus of 100,000 ALGM tokens!

Reward parameters:

Pool: nASTR/ASTR

Base reward: Based on the final voting result

Extra rewards/ first week: 40,000 ALGM + 100,000 SRS as extra reward

Warning: Before using Sirius Finance for farming, ensure you know and understand the risks of impermanent loss and de-peg stable pairs. See the Sirius Finance documentation for more information.

” We must start Algem and the nASTR journey with a reliable partner, and Sirius Finance is a perfect choice. I am grateful for their help during the preparations, and I look forward to extending our partnership soon! ? “
Igor, Algem CEO

Unbond Your ASTR Tokens And Become More Profitable On Algem

If you don’t want to miss out on this juicy reward opportunity, it’s time to reclaim your $ASTR tokens from Astar dApp Staking!

As a reminder, it takes 10 eras or 10 days for your tokens to be available after unstaking.

How To Unstake Your Astar Tokens

Step 1: Go to the Astar Portal
Step 2: Go to the dApp Staking Dashboard
Step 3: Go to the dApps where you have your Astar tokens staked
Step 4: Unstake your Astar tokens
Step 5: After 10 eras, claim your unbonded tokens
Step 6: Prepare your tokens for Algem’s mainnet launch!

About Sirius Finance

Sirius Finance is the first Polkadot-native stablecoin AMM on Astar Network. Its mission is to provide a stable, highly liquid trading platform for stablecoins, deep liquidity for connected protocols, and attract and lock tremendous value to facilitate more innovations and collaborations for Astar and Polkadot.

About Algem

Algem is a dApp built on Astar Network and offers two main features: liquid staking and liquid lending. As the name implies, these two solutions enable ASTR holders to remain liquid with their assets while putting them to work.

The liquid staking and liquid lending solutions allow users to accumulate staking rewards and increase their earnings using Algem’s liquid nASTR tokens across Astar’s DeFi ecosystem. In doing so, Algem supports other DeFi protocols by providing liquidity, creating a sustainable and cooperative ecosystem on Astar Network and Polkadot.