Astar Network: The second phase of Token Economics 2.0 deployment is underway
On December 19th, Astar Network announced that the second phase of token economics 2.0 deployment is underway. Necessary updates have been merged today to implement a hybrid inflation model on Astar. This model will transition to the upcoming DApp Staking V3, which will fairly reward ecosystem participants and limit treasury rewards.
After the full deployment of token economics 2.0, Astar will revise the tiered reward system for DApp developers and introduce a deadline for DApp grading. In addition, Astar will provide new rewards for regular participants who claim rewards and re-select their favorite DApps for investment. Users who do not claim staking rewards within the deadline will also be subject to expiration penalties.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Australian Court Overturns License Ruling Against Block Earner, Sides with Fintech in Landmark Crypto Case
In a significant legal win for Australia’s crypto and fintech industry, the Federal Court has overturned a previous ruling that required digital finance firm Block Earner to obtain a financial services license for its discontinued fixed-yield crypto product.

Symbiotic Raises $29 Million to Build Universal Staking Coordination Layer
Symbiotic, a decentralised finance (DeFi) protocol, has secured $29 million in a funding round led by Paradigm and cyber.Fund.

Bitcoin Surpasses Amazon, Approaches Google’s Market Cap

Michael Saylor Backs New SEC Chair for Bitcoin Growth

Trending news
MoreCrypto prices
More








