Astra DAO announced that it has been acquired by the Token Metrics Foundation, and the platform plans to gradually cease operations

ChainCatcher news, the personalized crypto index token sale Launchpad project Astra DAO based on Arbitrum has announced its acquisition by the Token Metrics Foundation, with the specific acquisition amount not disclosed. It is reported that the platform plans to gradually cease operations and functionalities.

Astra DAO stated that all funds are safe and will be airdropped back to user wallets. In addition to refunding all user funds, ASTRADAO holders are entitled to receive T MAI airdrops, which reportedly account for 5% of the TMAI supply. ASTRADAO will continue to exist as a Meme coin operated by the community.

Astra DAO is an automated crypto asset allocation protocol based on Ethereum, providing convenient and practical access to investment strategies aimed at cryptocurrencies. This innovative model creates a win-win incentive for profit-seeking index investors, creators, and token holders.