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Astar Network: The second phase of Token Economics 2.0 deployment is underway

Astar Network: The second phase of Token Economics 2.0 deployment is underway

CointimeCointime2023/12/19 07:58
By:Cointime

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.

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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.

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