ASTRA Infuses $5.5 Million in ASTR Liquidity to HydraDX Omnipool
CryptoNewsTerminal Staff21 May, 2024
ASTRA Infuses $5.5 Million in ASTR Liquidity to HydraDX Omnipool
ASTRA, a renowned Japanese public chain project, has announced via X that "Following the successful passing of a community proposal for the provision of liquidity to HydraDX, the ASTRA treasury has allocated over 5.5 million ASTR as liquidity to HydraDX's Omnipool." This strategic move solidifies ASTRA's commitment to fostering a robust and thriving decentralized finance (DeFi) ecosystem. By providing liquidity to HydraDX's Omnipool, ASTRA enables users to trade ASTR seamlessly and efficiently within the Omnipool, which seamlessly aggregates liquidity from multiple sources. This move is a testament to ASTRA's unwavering support for the growth and innovation of the blockchain and DeFi space. The infusion of 5.5 million ASTR liquidity into the HydraDX Omnipool unlocks new opportunities for traders and stakeholders within the ASTRA ecosystem. Furthermore, it underscores ASTRA's dedication to community-driven initiatives and its commitment to actively listening to and responding to the needs of its users. The successful passing of the community proposal to provide liquidity to HydraDX is a testament to the collaborative nature of the ASTRA project.
