Astar
17 Posts
Parachain
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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