Algem Documentation
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  • 👋Introduction
  • 🤖Le protocole Algem
    • 💦Liquid dApp Staking
      • ASTR Liquid Staking
      • Unstaking nASTR (récupérer ses ASTR)
      • FAQ sur le Liquid Staking
    • 🌊Liquid Lending
    • 📔nASTR Farming
    • 💧nASTR
    • 👥Rejoindre la communauté Algem
      • Liens de l'écosystème
      • Programme Algyors
    • 🪙Le jeton ALGM
      • Tokéconomie
      • L'utilité du jeton ALGM
    • 🖼️NFT Collections
    • ⚖️Revenus du protocole
    • 🗺️Feuille de route
    • ⚠️Gestion des risques
  • 🧠Pour commencer
    • 💼Wallets & Networks
      • 🦊Metamask
      • 🔑Ledger EVM
      • *️* Polkadot{.js}
    • 🔀Transfer assets to Astar Network EVM
      • 🏦From a CEX
      • 🌀Using Astar Network Portal
      • 🌉Using Bridges
      • 🔁Using a cross-chain swap
      • 💱Using a DEX
    • 🐬Comment utiliser le Liquid dApp Staking d'Algem
      • 🖥️Version de bureau
      • 📱Version mobile
    • 🦈Comment utiliser le nASTR Farming d'Algem
      • 👨‍🌾Sirius Finance
      • 🌽Kagla Finance
      • 🥕Arthswap
      • 🍋SiO2 Finance
    • 🐠Comment transférer des jetons nASTR avec Algem
  • 🔧Développement
    • 🕵️Audit
    • 📃Contrats
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On this page
  • How to farm nASTR/ASTR on Sirius Finance
  • Sirius Finance's particularity:
  • Be aware of risks!
  • Smart Contracts:
  1. Pour commencer
  2. Comment utiliser le nASTR Farming d'Algem

Sirius Finance

PreviousComment utiliser le nASTR Farming d'AlgemNextKagla Finance

Last updated 1 year ago

is a 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.

On Sirius Finance, nASTR holders can swap or deposit their tokens to provide liquidity in the nASTR:ASTR stable pair. In return, they will receive LP tokens and can stake them on Sirius to earn extra trading fees and rewards in Sirius's farming pool.

How to farm nASTR/ASTR on Sirius Finance

Once you have staked ASTR tokens on algem.io and received nASTR tokens, select Sirius Finance in the nASTR liquidity hub and you can follow this guide.

Sirius Finance's particularity:

When a user wants to provide liquidity on Sirius Finance, they have the option of providing one or both assets. If a user provides one or both assets but with a different balance than the asset balances in the pool, Sirius will automatically balance the user's liquidity based on the balance of the assets in the pool.

EX: The nASTR-ASTR ratio is 55-45 in the pool, so if someone adds 1000 nASTR to the pool, 450 of their nASTR will automatically be replaced by 450 ASTR. And the balance will be 550 nASTR and 450 ASTR. So the user will receive staking reward based on 550 nASTR.

Be aware of risks!

Before using a DEX like Sirius Finance, be sure you are aware of the risks:

  • Impermanent loss & loss of peg. The nASTR/ASTR pair can fluctuate and lose its 1:1 peg on Sirius depending on market and user usage (swap, buy and sell). Before using the protocol, we highly recommend reading the code and understanding the risks involved with being a Liquidity Provider(LP)and/or using the AMM to trade pegged value crypto assets. See for more.

  • Smart-contract risks. Sirius Finance has been already audited twice but please keep in mind that security audits don’t completely eliminate risks. Do not supply assets that you cannot afford to lose to Sirius Finance as a liquidity provider.

Smart Contracts:

Type
Contract address

nASTR Stablepool farm

nASTR Stablepool pool

Gauge

Sirius adapter

🧠
🦈
👨‍🌾
Sirius Finance
🦈Comment utiliser le nASTR Farming d'Algem
Impermanent loss
0xEEa640c27620D7C448AD655B6e3FB94853AC01e3
0xdCfFa5a92ef31DCc8979Ab44A0406859d7763c45
0xcB274236fBA7B873FC8F154bb0475a166C24B119
0x29774f72d921d1F5C591ab68dE532a528A4288B4