Phantom Galaxies Just Launched its Governance Token ASTRAFER on Quickswap

BREAKING: Phantom Galaxies just listed its governance token called ASTRAFER on Quickswap. Though the full tokenomics is yet to be released, anyone can swap for ASTRAFER on the DEX right now.

Jul 14, 2022
by Akira Ming
Phantom Galaxies Just Launched its Governance Token ASTRAFER on Quickswap
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Phantom Galaxies' governance token ASTRAFER is now available for all

This just in. The AAA open-world mech shooter game Phantom Galaxies has launched its governance token ASTRAFER on Quickswap! There's no pre-sale or public sale to go through. Instead, to get these tokens, all you need to do is to either swap for ASTRAFER on Quickswap or earn them during the Astrafite Rush event. 

According to Phantom Galaxies, a max supply of 888,077,888 ASTRAFER tokens is now available with allocations as shown below. Almost 30% of the tokens are assigned to Planet Emissions, followed by around 17% to Reserve Fund, and 13.51% of them as PvE rewards. Interestingly, only a mere 2.40% of ASTRAFERs act as PvP rewards. 

How to get ASTRAFER? 

As mentioned, there are 2 ways to earn ASTRAFER tokens. Firstly, you can swap certain tokens for ASTRAFER on Quickswap. The token is available on a number of liquidity pools, which makes up 10% of the token supply. For now, anyone can swap ETH /USDC /SAND /REVV /TOWER /GMEE /PROS for ASTRAFER on the DEX. If you want to swap, make sure to only follow the official links provided by Phantom Galaxies. As of writing, liquidity is quite thin and ASTRAFER is trading at $2.46 per token. 

Next, if you can wait, you can also earn ASTRAFER tokens by completing in-game missions during the Astrafite Rush event. The event will take place across 4 consecutive weeks. Players who meet personal or community goals will gain a varying amount of ASTRAFER in return. Other than that, those who own NFT planets or asteroids will also receive a set amount of ASTRAFERs throughout the game. 

What is ASTRAFER used for? 

Besides being the governance token of the Phantom Galaxies ecosystem, ASTRAFER is a utility token as well. To list, players can use it to upgrade Starfighter mechs, run galactic organizations, build expansive corporate empires, or buy and mint NFTs within the game. In fact, the upcoming ‘Thermopylae’ Poster 3 NFT will be purchasable using ASTRAFER. 

But something is missing though. As of now, Phantom Galaxies has not released the full tokenomics of ASTRAFER. For instance, we have no idea what are the vesting and lockup schedules for tokens allocated to different parties. With that in mind, it's best to just wait for full details before you “ape in”. 

Disclaimer: The information provided on this page do not constitute investment advice, financial advice, trading advice, or any other sort of advice and you should not treat any of the website's content as such. Individuals should do their own research before taking any actions related to the product they read about and carry full responsibility for their decisions.
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