PANews reported on May 8 that Astar Network announced on the X platform that the Astar Foundation proposed to optimize the token model of ASTR and launch the Token Economics 3.0 version. The upgraded token economics aims to fix the maximum supply of ASTR while gradually reducing the issuance of ASTR and the liquidity of the protocol. As for the dApp staking model, Token Economics 3.0 plans to stabilize the annualized rate of return (APR) in the range of about 11% to 14% within two years, and the staking rate is set at 50%. In addition, to reduce the circulating supply of ASTR, 50% of the network fees will be destroyed.
Astar Foundation proposes Token Economics 3.0 proposal to fix maximum token supply
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