Well-designed token economy with adequate incentives despite ASTR unbound supply and the typical "backers exit liquidity" problem(theoretically).
In terms of token design in a vacuum, Astar has implemented a well-proven model that offers utility as payment for transaction fees, dApps staking rewards, and collator rewards. Despite having an unbound supply (inflationary model), Astar has managed to create effective incentives for all network participants. This is raw data.
However, given that the price chart history is already known and several big players have joined in strategic funding rounds, the lack of information about the vesting schedule of Financial Backers/Team/Foundation is puzzling. But there was very clear info about the vesting of Lockdrop participants/ Crowdloan/etc prior to the Polkadot Parachain Auction. I understand the whole crypto market crashed in 2022 and everyone had to feed his family but still...
The good point and what makes ASTR token design outstanding is its dApp staking mechanism, which incentivizes developers by providing them with a portion of the block rewards based on the current Total Value Locked (TVL) in dApps. Part of this mechanism is dedicated to supporting dApp developers, while another part goes to stakers who have locked their ASTR to stake or vote for a dApp. This decentralized "grant" system is well-designed.
https://cryptorank.io/ico/astar-network
https://astar.subscan.io/ - for a more in-depth analysis of the current token state. Show Less
Ā 5
