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TL;DR The drop of ASTR to $0.02 on April 7 led Astar to cut base staking rewards from 25% to 10% to stabilize APR. Astar raised the variable portion of staking rewards for dApps from 40% to 55%, ties issuance to TVL, and does not affect developers. It set a minimum issuance floor of 2.
Blockchain firm Astar Network implemented changes to its tokenomics to reduce inflationary pressures in its ecosystem. On April 18, Astar Network announced that it has reduced the blockchain's base staking rewards from 25% to 10% to curb token inflation.
Astar, AltLayer, and EigenLayer partner to build a Fast Finality Layer for Soneium and slash finality by 98% to under 10 seconds. The post Soneium Slashes Finality by 98% With Astar Network, AltLayer, and EigenLayer appeared first on Cryptonews.
The Astar Contribution Score (ACS) campaign significantly boosts the Soneium ecosystem, achieving major milestones and integrating innovative projects at the halfway point of its 100-day run.
The Astar Contribution Score (ACS) campaign incentivizes innovation across DeFi and gaming by allocating rewards to projects fostering adoption and engagement within the Astar ecosystem.
Astar Network introduces dApp Staking, a novel approach to funding decentralized applications, offering sustainable support for developers and rewards for users.
Astar Network introduces the Astar Contribution Score (ACS) campaign to expand the utility of its native token, ASTR, within the Soneium ecosystem, offering rewards to active participants.
Users can earn points which can be redeemed for ASTR token by interacting with apps, chains, and DeFi projects on the Soneium network.
Sony Group and Astar Network are launching a campaign with a 100 million ASTR reward to drive adoption and growth on the Soneium ecosystem. According to a press release sent to crypto.
Astar Network partners with Sony Block Solutions Labs to integrate with Soneium Mainnet, enhancing interoperability and scalability within the Ethereum ecosystem.
Astar (ASTR), the cross-chain Web3 collective network, has unveiled Astar Surge, an innovative pre-deposit campaign set to accelerate the integration with Soneium, according to the updates shared with Finbold on Friday, December 13.
The cryptocurrency universe prepares for another bearish market wave for certain altcoins, raising investor concerns globally. Recent data from the Token Unlocks app indicated that nearly $300M worth of tokens are set to be released into the market over the coming week.
Astar Network announces Phase 1 of its evolution, transitioning Astar zkEVM to Soneium L2, a collaboration with Sony Group and Startale.
Astar Network is set to integrate Chainlink's Cross-Chain Interoperability Protocol, enabling secure and efficient cross-chain applications for Web3 developers.
Binance announces a new round of 'Learn & Earn' where users can earn ASTR rewards by completing blockchain courses and quizzes.
Astar Network partners with Binance to launch a unique staking mechanism, enhancing rewards for the Astar Community Treasury.
Binance announces the addition of Astar (ASTR) on Simple Earn Locked Products, offering up to 19.9% APR rewards during the promotion period.
The Astar Network allows individual users to use Web3 technology, connecting people to Web3 through entertainment, blockchain development, business development, and community events.
Astar Network has burned 350 million ASTR tokens following a community vote, reducing the total supply by 5% to enhance token value and increase staking rewards.
Astar Network burns 350 million ASTR tokens, optimizing tokenomics and enhancing staking rewards.
The market capitalization of ASTR experienced a significant boost, climbing above $400 million, which is a 20% increase within the last 12 hours
Astar Network recently announced a significant development on their X (formerly Twitter) platform. Following a community vote, the network has successfully destroyed 350 million ASTR tokens, representing 5% of the total supply of their multi-chain smart contract network.
Astar Network successfully burns 350 million ASTR tokens, marking a significant milestone in optimizing the network's tokenomics and enhancing sustainability.
Astar Network voted to remove from circulation the initial token supply allocated for Polkadot parachain auctions.
