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

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Cointime2023/12/19 04:34

By:Cointime

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.

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