Development Milestones
How Astera came to be
2025-Aug-04
Consensys purchases $1,500,000 of asUSD and creates Stableswap pool paired against USDC ($3M total)
SAMSoN
2025-Aug-06
Epoch 0 of Etherex, $45,000 of emissions on asUSD
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2025-Aug-13
Epoch 1 of Etherex, $15,000 USDC bribe on the LOC to farm REX to become a stakeholder in Etherex.
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2025-Aug-21
Astera locks 24,186.66 xREX, the first step of Astera as a tresaury protocol, acquiring infrastructure and revenue external to the platform. This was under 0.01% of the total voting power. - Perpetual voting power - Revenue outside of Astera - Stakeholders in the success of the Linea economy
SAMSoN
2025-Aug-26
Astera Lend (the mint of asUSD) is launched. This is the primary facilitator for asUSD and foundation of Astera as a CDP solution.
SAMSoN
2025-Sep-04
A new Mini Pool for REX33 goes live, Lend Total Market Size eclipses $10M USD in 11 hours. Epoch 4 of Etherex had over $100,000 of emissions directed at asUSD.
SAMSoN
2025-Sep-09
Astera featured with Euler, Zerolend, Etherex, MYX and Aave in a DeFi Panel at the online Linea TGE event. Thank you for a great appearance Yuvi.
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2025-Sep-29
Staked asUSD "asUSDs" Vault Launch Soft launch without yield enabled
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2025-Oct-02
First deviation from $1 of asUSD, dropping to 0.97c. A combination of lowering yields resulted in a thinning of liquidity which was met with a substantial increase to leverage capacity with REX33 borrow demand exceeding expectations.
The result is the first stress test on liquidity forcing interest rate adjustments through supply control to encourage new supply or returning of borrowed asUSD.
SAMSoN
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