Astar Token
Overview
The native token of Astar Network is Astar Token, with the ticker ASTR. The initial supply of ASTR was 7,000,000,000 units. The current tokenomics model of the network is inflationary and the inflation is estimated to be ~665,000,000 yearly. ASTR token has 18 decimals. At the genesis, ASTR were allocated as follows:
Allocation | % |
---|---|
Users and Early Supporters | 30 |
Parachain Auction in 2021 | 20 |
Parachain Auctions Reserve | 5 |
Protocol Development | 10 |
On-Chain DAO | 5 |
Marketing | 5 |
Early Financial Backers | 10 |
Team (Employee Incentives) | 5 |
Foundation | 10 |
Utility
Astar Token is the utility token for Astar Network that has 3 primary functions.
- dApp Staking
- Transactions
- On-chain Governance