Bastion Protocol (BSTN) – DEFI HUB on AURORA

What’s special about Bastion?

Lending and borrowing are at the core of any DeFi ecosystem. Building on Aurora allows Bastion to trade quickly, with extremely low fees, good liquidity, maximize leverage through borrowing, and exploit the basic UX benefits of NEAR.

Lending protocols need a data feed directly in smart contracts to calculate the correct interest and liquidation algorithms, so Oracles are an essential component of Lending. Therefore, Bastion chose to cooperate with Flux.

Protocol (the first Oracle solution on Aurora) for accurate data feeds. And Bastion is also the first Lending protocol to cooperate with Flux.

Aurora’s #1 liquidity platform has hit $1B TVL. This number has almost doubled in just a few days

What ability does Bastion have?

Provide assets to earn interest
Put property up for a mortgage
Property loan
Financial leverage: Long – Short

Roadmap

Time-based Rewards: A mechanism for long-term capital adjustment

Boosters: Paying rewards increases 2-3 times

Market analysis and reporting

Isolated and permissionless market

KPI Options

On-chain Administration

1-click Zaps

Time-weighted Interest Rate Algorithm

Yield-bearing collateral (LP Tokens, stNEAR, etc.)

Upgrade oracles to list properties

Marketplace to bid on liquidations

Integration with other DeFi protocols on Aurora

DeFi x NFTs

Detailed information about the token BSTN

Token Name: Bastion
Ticker: BSTN
Blockchain: Aurora
Token Standard: ERC20
Contract: 0x9f1f933c660a1dc856f0e0fe058435879c5ccef0
Token Type: Governance Token (Governance)
Total supply : 5,000,000,000 BSTN

Tokenomic

Liquidity Mining: 30%
Treasury: 30%
Team and Advisors: 25%
Investors: 15%

Note: the $BSTN token has no intrinsic value and is only a tool of governance, and therefore has no intrinsic potential for future price appreciation of any kind.

Project team:

Incognito

Investors & partners

Bastion received a $2M investment from Promixy Labs. This amount will be distributed in the form of liquidity mining rewards in the form of NEAR and AURORA tokens.

Bastion announces $9M Series A led by Three Arrows

In addition, the project ended the seed round with ParaFi Capital led, with participation from Jane Street, Digital Currency Group, Crypto.Com, CMS, and Manifold Trading.

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