What is ASTR
Tokens
ASTR (Astar)
Astar is a dApp hub on Polkadot supporting build2earn, EVM & WASM.
I. Project Introduction
Astar Network is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn't support smart contracts. That's why it's important for the ecosystem to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.
II. Token Information
1) Basic Information
· Token name: Astar
· Total supply: 7,000,000,000 (10% yearly inflation)
· Tokens in Circulation: 613,730,000
· TGE Date: Crowdloan on Polkadot started Nov 11th and ended for us Dec 2nd
2) Token Distribution and Token Release Schedule:
| Party |
% of the total |
Token Release Schedule |
| Users and early supporters |
30.000% |
1000 days lockdrop participants have 7 months linear vesting with 10% initial allocation and other participants have 15 months vesting with 10% initial allocation after the launch. |
| Crowdloan users |
20.000% |
22 months linear vesting with 10% initial allocation. |
| Parachain auctions reserve |
5.000% |
locked for 22 months |
| Protocol developments |
10.000% |
Multi-sig wallet controlled by team |
| On-Chain DAO |
5.000% |
Multi-sig wallet controlled by team |
| 5.000% |
Multi-sig wallet controlled by team |
|
| Early Financial backers |
10.000% |
7 months vesting with 10% initial allocation. |
| Team |
5.000% |
2 years lock and 3 years vesting with 0% initial allocation |
| Foundation |
10.000% |
Multi-sig wallet controlled by team |
III. Related Links
Whitepaper: https://github.com/PlasmNetwork/plasmdocs/blob/master/wp/en.pdf
Official Website: https://astar.network
Blockchain explorer: https://astar.subscan.io
Discord chat: https://discord.gg/Z3nC9U4
Telegram (read-only): https://t.me/PlasmOfficial
Twitter: https://twitter.com/AstarNetwork
Github: http://github.org/AstarNetwork
Note: The project introduction comes from the materials published or provided by the official project team, which is for reference only and does not constitute investment advice. HTX does not take responsibility for any resulting direct or indirect losses.
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