$ASTR Allocation
Final Version: 2021/02/28
Total token supply: 70,000,000
Token ticker: $ASTR
Token decimals: 18
Inflation: 10% (yearly)
Title
%
Detail
Users (#TBA)
30
We have done 2 lockdrops with ETH. More than 150,000 ETH had been locked on our smart contract in 2 months. We issued tokens based on the opportunity cost and operation costs. Our lockdrop is NOT an ICO or investment but a sort of staking.
Parachain Auctions
30
To become a Polkadot Parachain, we collect DOTs from the community and issue Astar tokens as a reward. 30% is prepared for the crowdloans for Parachain Lease Offering.
Parachain Auction Reserve
5
Funds to be used for future parachain Lease Offerings. (Additional funds)
Protocol Development
10
Funds to be used for protocol developments and a grant program (TBA)
On-Chain DAO
5
Funds for the on-chain treasury that our community decides how to use.
Marketing
5
Funds to be used for marketing purposes.
Institutional Investors
10
Token will be transferred once Plasm/Shiden Network becomes a Parachain.
Team
5
Incentive pool for employees.
We have updated the economics from the draft we published on Jun 21st because we declared that 65% for the community and 35% for the foundation before the 2nd lockdrop.
Last modified 1h ago
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