Astar proposes to modify token economics to fix maximum token supply
05-08 09:08
Odaily News Astar initiated a token economics proposal, planning to transform the ASTR token model from dynamic inflation to a model with a fixed maximum supply. The proposal aims to gradually reduce token emissions by introducing an emission decay function, significantly reduce network inflation, and plans to stabilize the highest annualized rate of return on DApp staking at 11-14% in the next two years to prepare for the next brand upgrade. In addition, the proposal recommends the establishment of Protocol-Owned Liquidity (POL) managed by the Astar Finance Committee (AFC) and the destruction of 50% of network transaction fees to enhance the long-term economic value and network independence of ASTR.
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