Astar Network: Astar Tokenomics 2.0 is about to be launched, featuring the "DApp Staking Burn" mechanism

ChainCatcher news, the Polkadot ecosystem smart contract platform Astar Network announced the launch of Astar Tokenomics 2.0, aimed at achieving long-term success and creating sustainable growth through the development of ASTR. The network has already burned 80% of transaction fees, but the team hopes to increase the burn amount through "DApp staking burn." Projects that belong to the dApp staking category will be classified based on their value to the network; the higher the value to the Astar ecosystem, the more support the project will receive from the community.

Previously, ChainCatcher reported that Astar Network announced the launch of Astar 2.0, which includes improvements to the token economics, determining the optimal inflation rate, and enhancing transaction fees. It will also introduce Staking 2.0, a customizable SDK called Astar Link, Startale Labs, and establish Astar governance.