Retrograde price

RETRO

Retrograde serves to better align yield and governance incentives for Astroport token holders and LPs. By accumulating ASTRO tokens and locking them up, the Retrograde protocol offers LP token holders the max boost from the vxASTRO mechanism, without requiring them to hold and lock meaningful amounts. The benefits are represented by the liquid derivative token rexASTRO, which users receive when they deposit xASTRO.

RETRO is the native utility token that is used for:

• Staking - The RETRO token can be staked to earn a portion of all protocol revenue in the form of Retrograde derivative tokens.
• Voting - The RETRO token can be used to participate in meta-governance, voting on behalf of tokens in the Retrograde treasury.
• Governance - The RETRO token is used to vote on Retrograde protocol governance, controlling things like reward distribution, protocol integrations, and more.