Astar has proposed a Tokenomics Adjustment Proposal aiming to Fix the Maximum Token Supply

Blockbeats
08 May

BlockBeats News, May 8th, Astar initiated a tokenomics proposal to transition the ASTR token model from a dynamic inflation model to a model with a fixed maximum supply. The proposal aims to gradually reduce token emissions by introducing an emission decay function, significantly lowering network inflation. In addition, it plans to stabilize the DApp staking's maximum annualized return rate at 11-14% over the next two years to prepare for the next phase of brand upgrade.

Furthermore, the proposal suggests establishing Protocol-Owned Liquidity (POL) managed by the Astar Finance Committee (AFC) and burning 50% of the network transaction fees to enhance ASTR's long-term economic value and network sovereignty.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10