Money that appreciates
The cost of entry is set by the contract and only rises. The market price belongs to the market. No yield, no promises. Mechanics you can read and verify.
WatchThe film · 30 secThe protocol does not set the market price of ASTRX. It sets only the mint price of new tokens and the parameters of tokens already in circulation: the redemption and transfer fees, the protection level, the method of returning collateral, the permitted collateral currencies and others. The value of each parameter is decided by vote.
The market price of a token sits between two levels. Below is the backing per token, which rises as expensive positions close and fees flow into the shared pool. Above is the cost of entry, which keeps rising. Where the price sits inside that corridor is up to the market, and it can fall.
Who it is for
One protocol, many ways to use it. Depending on your goal, there are six ways to use the ASTRX token. Each one is a role. Roles are a convention: a holder today, a trader or a liquidity provider tomorrow. Which one you are is entirely up to you.
Try the ratchet
A wheel that turns one way. Every notch is a step of the cost of entry by the white paper’s curve — and no notch ever comes back.
The cost of entry
The mint price always rises. In Phase 1 it follows a published curve up to a ceiling of $200. Holders can vote to move to Phase 2 early. In Phase 2 the mint price grows with time. The minimum rate is 5.6 % a year, the maximum 161.8 %. Holders can steer the rate of growth by vote, or leave it to an automatic algorithm.
The backing
The backing is exogenous. Only stablecoins and other assets the community has approved by vote. Redemption is neutral: when someone leaves, the pool shrinks and the share of those who remain does not. The fees charged on transfers and redemptions go to the community and add to the collective backing. Holders set a level below which the floor of the backing cannot fall.
Who governs
The holders, burning tokens to vote. Closing a position above the floor earns the holder extra voting credits. The key parameters of the contract are subject to a vote: fees, depth of protection, growth rate, accepted currencies and more. No one can rewrite these values against the will of the community.
Read the protocol
What this is
The ratchet is a new class of asset. In plain terms: how it behaves.
Read02Position and token
Two states your capital can take in the Assetrix ecosystem.
Read03The price corridor
Two boundaries the contract sets, and the market price between them.
Read04How the cost of entry rises
Phase 1 along a curve, Phase 2 by a rate. Both set the upper boundary of the corridor.
Read05Protection of backing
The mechanisms that help the floor rise and keep it from falling.
Read06Governance
The parameters open to adjustment, and how voting works.
Read07What the protocol does not do
No yield paid, no buy-back, no promise of a rising market price.
ReadHelp the project
The best way to help is to spread honest information. Tell people about the protocol where these things are already being discussed. Tell the truth. We ask for nothing else.
Accepted at launch
Pre-approved
Candidates
The ASSETRIX.ORG manifesto
This site was made by the same people who wrote the ASSETRIX DAO smart contract. Its purpose is to describe the protocol honestly and to show what the contract can do.
The holder account shown here is a prototype. Anyone can build such an account from the contract specification. The one requirement is this: show what is read from the contract honestly and without distortion.
ASSETRIX.ORG makes no external requests. There is one exception — the contact form: it sends a message when you press the button, and only then.
The site collects no information about visitors, registers no one, and keeps no data in any database of its own. The project has no such databases at all. Everything ASSETRIX DAO does is confined to the functions of the public smart contract and is set out in full in the white paper.