Disclaimer: The below article is sponsored, and the views in it do not represent those of ZyCrypto. Readers should conduct independent research before taking any actions related to the project mentioned in this piece. This article should not be regarded as investment advice.
Today, Aster, a trading ecosystem supported by YZi Labs, announced a significant extension of its partnership with World Liberty Financial (WLFI).
The partnership allows users to receive extra rewards on their holdings while introducing USD1-denominated perpetual contracts and other trading incentives, such as WLFI token awards and lower costs on USD1 pairs.
The integration is meant to facilitate USD1 liquidity on the platform, setting the stage for the project’s recently introduced Layer 1 blockchain, Aster Chain.
Establishing a Diverse Basis for Aster Chain
As the Aster Chain debuts, users will have more flexibility because Aster is less dependent on any one stablecoin, thanks to the addition of USD1 as collateral and USD1-denominated everlasting markets.
Aster’s efforts to expand access to USD1 markets in DeFi are supported by the global WLFI community.
“Aster Chain’s success depends on the depth of its underlying liquidity,” said Leonard, CEO at Aster. “By bringing USD1 into our core trading engine during this phase, we’re building the trading foundation for the Aster Chain launch. Our 0-bps maker fees are designed to encourage participation in USD1 markets on Aster as the mainnet launch.”
“Perpetual markets are where a significant portion of trading volume lives. Aster listing USD1 perps pairs and matching USDT collateral ratios means traders can use USD1 in a manner similar to any major stablecoin. That’s the bar we set: functional parity, rather than positioning USD1 a secondary option.” said Zak Folkman, Co-founder & COO of World Liberty Financial.
The USD1 Trading Hub
Aster is compatible with USD1-denominated perpetual contracts; it started with BTC, ETH, and SOL pairs and plans to add more than 10 pairs in the coming weeks.
Aster is providing zero-bps maker fees and a competitive 0.5-bps taker charge to promote market participation. With a collateral ratio comparable to USDT, USD1 is also supported as a core margin asset and collateral, enabling traders to optimize capital efficiency.
Rewards for Early Adopters
This partnership introduces several incentives as part of Aster Chain’s mainnet launch:
- USD1 Perp Trading Rewards: Up to 2.5 million WLFI tokens distributed monthly through the USD1 perpetual trading incentive program based on trading activity, with rewards distributed weekly. WLFI reserves all rights regarding program interpretation and distribution.
- USD1 Holding Incentives: Users holding USD1 on Aster may be eligible to participate in platform incentive programs.
- Reduced Trading Fees: Zero maker fees and 0.5-bps taker fees on all USD1 pairs, a significant reduction compared to USDT pairs.*
To track users’ progress and involvement in early Aster Chain market activities, Aster will also introduce tracking tools, such as integrated Points Program entry points on web and mobile platforms.
*Aster typically charges a 4 bps taker fee on USDT pairs. The USD1 taker cost is 0.5 bps, or around 87.5% less. For USD1 pairs, the maker fee is 0 bps. Aster sets all fees, which are subject to change. For the most recent pricing, view Aster’s fee schedule at the Aster fee page.
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Source: https://zycrypto.com/aster-introduces-usd1-denominated-perpetual-markets-and-increases-wlfi-collaboration/




