This is Aster Finance ( $ASFI ) the first onchain flywheel fund on BNB.
Every $ASFI trade feeds into margin → we build a leveraged $ASTER long that keeps growing.
The mission = make the biggest $ASTER long onchain. when $ASTER hits $4, profits flow straight to the top 25 $ASFI holders.
We’re already posistioned in the $ASTER long.
After $ASFI launch, every trade fee will be recycled into margin, stacking the Aster position bigger and bigger.
Our fee wallet is transparent onchain to deposit funds automatically to @Aster_DEX:
0xa81a7666aCEEc2884A3508C75552c6950bCeA3Aa
And yes, we’ll livestream it all here: https://t.co/YqfDbqK4ny
How does profit taking in $ASFI work🔄
The $ASTER long grows as margin is added every hour from trading flow.
Then, every 24h our script withdraw 30% of the profit from that long.
Those realized profits are split between the top 25 $ASFI holders (proportional to their bags).
The rest stays in the position so it can keep compounding.
And then our script will continue depositing $ASFI token fees to @Aster_DEX and add more to our $ASTER long.
In 1 hour we have grown our $ASTER long from 1.5k USD to 140k USD.
The higher $ASTER goes, the more revenue $ASFI holders earn from our long.
Our margin will grow so big that liquidating our position will be impossible, unless some big players hunt us.
This is finance fellas, Aster mode.
In only 30 minutes we have crowdfunded 60k USD additional margin to our $ASTER long.
We have made our first deposit into the $ASTER long.
Our position is now 80k USDT
This is only the beginning for the biggest $ASTER long onchain.
Aster Finance ($ASFI) is live.
The first onchain flywheel fund building the collective $ASTER long.
CA: 0xD3c295854b8d05D67b278728313567C550b77457
Watch our long live on kick:
https://t.co/gkjAxX0T78
How does $ASFI work?
It’s simple: The $ASFI token has a built in script where all the trading fees from $ASFI flow straight into our deposit wallet on @Aster_Dex.
Every hour, those funds are automatically added as margin to grow our $ASTER long.
So the more $ASFI is traded, the bigger the $ASTER long position gets.
We broadcast our position live 24/7: https://t.co/YqfDbqK4ny
Our fee wallet:
0xa81a7666aCEEc2884A3508C75552c6950bCeA3Aa