Cointime

Download App
iOS & Android

Founder of Astar: Two-thirds of the construction work of ASTR token economic model 2.0 has been completed

On August 18th, Sota Watanabe, founder of Astar Network, stated on X platform that two-thirds of the construction work for the ASTR token economy model 2.0 has been completed, with the final third expected to be delivered by the end of the year. Once the new token economy model is activated, the inflation rate of ASTR will be halved, and the network will also introduce a new DApp staking mechanism, which will help with the long-term development of Astar Network. Earlier this week, Sota Watanabe had stated that the construction work for the ASTR token economy model 2.0 version was nearing completion and was ready to be audited. Once the audit is completed, the new token economy model will be updated to the main network.

Comments

All Comments

Recommended for you