Astar Network is undergoing the second phase update of Token Economics 2.0
On December 19th, Astar Network announced that the second phase of token economics 2.0 is being implemented on Astar. Necessary updates have been merged today to implement the 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 implementation 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 in the system who receive rewards and reselect their favorite DApps for investment, and will impose expiration penalties on investors who do not receive their investment rewards within the deadline.
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.
You may also like
Raydium Launches Perpetual Futures Trading on Solana with Zero Gas Fees
Hot employment report leads stocks lower, at least for now
Odds of an interest rate cut later this month are all but out the window
Hugging Face reached a settlement with FriendliAI which accused it of patent infringement
Share link:In this post: FriendliAI agreed to dismiss its lawsuit with prejudice. The Korean AI startup claimed Hugging Face violated one of its patents. Meanwhile, Microsoft released its latest language model Phi-4 on Hugging Face.
US regulator proposes stronger protections against crypto payment fraud and surveillance
Share link:In this post: US regulators have introduced two proposals to protect users who make digital payments from data harvesting. CFPB leadership is likely to change with Trump’s assumption of office. Uncertainties shred the fate of the proposal.