On May 8, the Astar Foundation announced it will improve the ASTR Token model by launching Token Economics 3.0. This upgrade aims to fix the maximum supply of ASTR while gradually reducing the issuance and liquidity of the protocol. The goal is to optimize long-term value for the community.
For the dApp staking model, the new plan will maintain an annual yield of (APR) stable between 11% and 14% over the next two years, with a staking rate of 50%. This is a strategic move to encourage participation and protect the value of Token Holders.
To reduce the circulating supply of ASTR, 50% of network fees will be burned. This policy is expected to create scarcity, increasing the value of the Token, thereby reinforcing price stability in the long term. Note: the information is for reference purposes only and is not investment advice.
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Astar Foundation proposes Token Economics 3.0 with a limited supply of Token.
Astar Network Token ASTR Model Optimization
On May 8, the Astar Foundation announced it will improve the ASTR Token model by launching Token Economics 3.0. This upgrade aims to fix the maximum supply of ASTR while gradually reducing the issuance and liquidity of the protocol. The goal is to optimize long-term value for the community.
For the dApp staking model, the new plan will maintain an annual yield of (APR) stable between 11% and 14% over the next two years, with a staking rate of 50%. This is a strategic move to encourage participation and protect the value of Token Holders.
To reduce the circulating supply of ASTR, 50% of network fees will be burned. This policy is expected to create scarcity, increasing the value of the Token, thereby reinforcing price stability in the long term. Note: the information is for reference purposes only and is not investment advice.
Thank you for reading this article!
Please Like, Comment and Follow TinTucBitcoin to always stay updated with the latest news about the cryptocurrency market and not miss any important information!