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Astar Network is currently undergoing the second phase update of Token Economics 2.0

Astar Network is currently undergoing the second phase update of Token Economics 2.0

2023/12/19 01:22

Astar Network announced on Twitter that the second phase of Token Economics 2.0 is underway on Astar, with necessary updates merged today to implement a hybrid inflation model on Astar. This model will transition to the upcoming DApp Staking v3, which can fairly reward ecosystem participants and limit treasury rewards. After implementing Token Economics 2.0, Astar will revise its tiered reward system for DApp developers and introduce term limits for DApp ratings. In addition, Astar will provide new rewards for regular system participants who claim rewards and reselect their favorite DApps, and impose expiration penalties on stakers who fail to claim staking rewards within the time limit.

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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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