ASA Stats x GARD Staking Partnership Announcement

GARD Protocol is excited and humbled to announce its staking partnership with ASA Stats. Bringing Algorand DeFi communities together is a top priority for the GARD Protocol team and this unique partnership will enable ASA Stats users to now leverage the GARD dApp to stake their ASASTATS tokens to earn ASASTATS tokens. By leveraging the GARD Protocol’s best in class smart contracts, users can now ‘set and forget’ their ASASTATS tokens so their assets continuously compound without the need for daily claiming or staking their assets.

“Bringing disparate Algorand ecosystem communities together is a top priority for the GARD Protocol team as we continue to educate and onboard new users to the GARD dApp for Algorand Governance, stablecoin staking, earning additional yield from whitelisted ASAs like gALGO, and more are introduced to everything ASA Stats has to offer. This also helps to lower the barrier to entry for ASA Stats users coming to the GARD Protocol for the first time that might want to start taking advantage of everything Algorand DeFi has to offer. When folks get used to staking their ASAs with the GARD Protocol, they are inclined to look no further. This is just part of why we are excited to share our world class staking contracts with the world.” – Rylie Rueda, GARD CEO

There are many options in the Algorand DeFi ecosystem for staking and there’s a reason projects like ASA Stats, Glitter Finance, and more trust and can benefit from the GARD Protocol’s staking contracts. If you’d like to chat with the GARD team about listing your project on the GARD platform and distributing your tokens between both our communities please inquire to Onboarding new projects will take us some time and work when communicating these initiatives to the community as well as when deploying new contracts, however, we should be able to launch new projects expediently.

To learn more about other exciting ways to earn rewards and get the most out of your ASAs please visit our incentives page linked here. If you have any further questions or concerns please feel free to ask us directly in Telegram, Twitter, or Discord.

About ASA Stats

The mission of ASA Stats is to become the primary source of price information for every ASA on the Algorand blockchain. ASA Stats Portfolio Tracker evaluates and presents the current balance for any wallet address on the Algorand blockchain. ASA Stats Token is a utility token meant to be used for purchasing various professional services from ASA Stats. One of the primary goals and a measure of success for the ASA Stats project is the establishment of a Decentralized Autonomous Organization (DAO) that will take over after the initial phase of the project is successfully completed. Read more about ASA Stats on Medium | ASA Stats Website

About GARD Protocol

The GARD Protocol offers groundbreaking decentralized money and fixed-yield products for Algorand users and governors alike. Users can draw a stable line of credit from their ALGOs while earning interest on them through governance, borrow against whitelisted ALGO derivative ASAs, stake GARD for higher yields, and even trade their collateralized debt positions in the future. This system enables billions of locked ALGOs to regain their full utility while participating in governance. GARD Protocol Website


This is not to be interpreted as financial advice of any kind and we strongly encourage folks to do their own research. More information on GARD Protocol's disclaimer can be found here.