Astar
23 Posts
OpenGov
Saving Neemo
After an isolated exploit of Neemo Finance placed its dApp Staking funds at risk, Astar dApp Staking has been placed into maintenance mode. Astar Referendum 27 proposes that the Astar Treasury withdraw and take custody of ~26.78M ASTR unlocked from Neemo鈥檚 dApp staking wallet and take ownership of the Neemo dApp. After the execution of this safeguarding solution, which was requested by Neemo Finance, maintenance mode will be disabled and dApp Staking operations will resume.
ASTR is Re-born, Again.
Astar has published its initial proposal for ASTR Tokenomics 3.0, projected to execute in mid-2026. It proposes the phasing out of inflationary emissions, capping the supply at 10.5B ASTR. In addition, 50% of network fees would be burned. To promote Astar鈥檚 financial independence, and autonomously fund Coretime slots, 20% of network fees would be redirected to the treasury.
Substantial SubWallet Improvements
Check out the latest updates for SubWallet browser extension 1.2.29 & mobile app v1.1.80 (432). New swap pairs: DOTMYTH, WUDDOT, WUDHDX, vDOTvASTR, PHADOT. New tokens: vASTR, CPcoin, and MILL. New XCM channels for MYTH token: HydrationMythos, and Asset HubMythos XCM Transfers on Ledger Polkadot app.
AStar is Burn
With the imminent shift from parachain auctions to Coretime sales on Polkadot, Astar has opened a discussion with the community about what should be done with the 5% supply of ASTR reserved at token genesis for future parachain auction rewards. They propose that the 350M (~USD38M) allocation be burned to increase token value and enhance staker rewards. The proposal is open for discussion on the Astar forum before going to a vote in three weeks.
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