Difference between revisions of "Astar Network"
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===DAO=== | ===DAO=== | ||
===Treasury=== | ===Treasury=== | ||
* [https://www.coindesk.com/business/2024/07/02/astar-network-to-burn-350m-astr-5-of-total-supply/ From] [[CoinDesk (DESK)|CoinDesk]] (2-7-2024): | |||
''"5% of ASTR's total supply will be burned following a governance vote, an additional 70 million tokens will be transferred to the community treasury. The tokens were originally allocated to the now sunsetted [[Polkadot (DOT)|Polakdot]] parachain auctions."'' | |||
==Token== | ==Token== | ||
===Launch=== | ===Launch=== | ||
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===Utility=== | ===Utility=== | ||
===Other Details=== | ===Other Details=== | ||
==Coin Distribution== | ==Coin Distribution== | ||
==Technology== | ==Technology== | ||
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===Interoperability=== | ===Interoperability=== | ||
* Has its [[testnet]] [https://twitter.com/SecretNetwork/status/1382000750725713920 live] for a [[bridge]] between [[Secret Network (SCRT)|Secret Network]], [[Polkadot (DOT)|Polkadot]] and [[Cosmos (ATOM)|Cosmos]] (13-4-2021). | * Astar Network struck a [https://www.coindesk.com/tech/2024/03/06/polygon-lands-first-user-of-new-agglayer-inking-deal-with-astar-network/ deal] with [[Polygon (POL)|Polygon]] to integrate the layer 1 blockchain's AggLayer in March 2024. | ||
*Has its [[testnet]] [https://twitter.com/SecretNetwork/status/1382000750725713920 live] for a [[bridge]] between [[Secret Network (SCRT)|Secret Network]], [[Polkadot (DOT)|Polkadot]] and [[Cosmos (ATOM)|Cosmos]] (13-4-2021). | |||
===Other Details=== | ===Other Details=== | ||
==Oracle Method== | ==Oracle Method== | ||
* Has [[Band Protocol]] [[oracles]] [https://medium.com/bandprotocol/band-protocol-partners-with-astar-network-9b669e84b016 live] on both its [[MainNet|mainnet]] and testnet (8-7-2022). | |||
==Their Other Projects== | ==Their Other Projects== | ||
==Roadmap== | ==Roadmap== | ||
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===Pros=== | ===Pros=== | ||
===Cons=== | ===Cons=== | ||
* Had investment from bankrupt [[FTX (FTT)|Alameda Research]]/FTX, which [https://twitter.com/Edvis100/status/1591106606716313600 came out] (11-11-2022) during the FTX crash. This could mean fall-out risk. | |||
==Team, Funding, Partners== | ==Team, Funding, Partners== | ||
===Team=== | ===Team=== | ||
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*Is mentioned as a [https://oct.network/ partner] to [[Octopus Network (OCT)|Octopus Network]] on their website (14-3-2022). | *Is mentioned as a [https://oct.network/ partner] to [[Octopus Network (OCT)|Octopus Network]] on their website (14-3-2022). | ||
*[[Acala (ACA)|Acala's]] [https://medium.com/acalanetwork/polkadot-parachains-and-venture-funds-team-up-to-launch-250-million-ausd-ecosystem-fund-to-grow-1592f925799a aUSD Ecosystem Fund]; one of the founding parachains to grow the [[Acala]] [[Stablecoins|stablecoin]] (23-3-2022) | *[[Acala (ACA)|Acala's]] [https://medium.com/acalanetwork/polkadot-parachains-and-venture-funds-team-up-to-launch-250-million-ausd-ecosystem-fund-to-grow-1592f925799a aUSD Ecosystem Fund]; one of the founding parachains to grow the [[Acala]] [[Stablecoins|stablecoin]] (23-3-2022) | ||
*[https://medium.com/acalanetwork/on-chain-polkadot-alliance-formed-to-recognize-ecosystem-contributors-and-establish-community-480d83eab136 Founding member] of the Polkadot Alliance (29-11-2022), which, interestingly enough, does not include Polkadot itself. | |||
==(:== | ==(:== | ||
Knowledge empowers all and will help us get closer to the [[decentralised]] world we all want to live in! | Knowledge empowers all and will help us get closer to the [[decentralised]] world we all want to live in! | ||
Latest revision as of 01:38, 8 July 2024
Multi chain dApps hub on Polkadot that supports Ethereum, Rollups, and more.
Basics
- Based in:
- Started in / Announced on:
- Testnet release:
- Mainnet release:
- Not to be confused with Plasma. Which might be the reason they rebranded.
History
- Used to be known as Plasm Network but rebranded into Astar Network (8-2021).
Audits & Exploits
- Bug bounty program can be found [insert here].
Bugs/Exploits
Governance
Admin Keys
DAO
Treasury
"5% of ASTR's total supply will be burned following a governance vote, an additional 70 million tokens will be transferred to the community treasury. The tokens were originally allocated to the now sunsetted Polakdot parachain auctions."
Token
Launch
Token Allocation
Utility
Other Details
Coin Distribution
Technology
- Whitepaper can be found [insert here].
- Code can be viewed [insert here].
Implementations
- Built on: Polkadot parachain
- Programming language used:
Transaction Details
How it works
Fees
Upgrades
Staking
Validator Stats
Liquidity Mining
Scaling
Interoperability
- Astar Network struck a deal with Polygon to integrate the layer 1 blockchain's AggLayer in March 2024.
- Has its testnet live for a bridge between Secret Network, Polkadot and Cosmos (13-4-2021).
Other Details
Oracle Method
- Has Band Protocol oracles live on both its mainnet and testnet (8-7-2022).
Their Other Projects
Roadmap
- Can be found [Insert link here].
Usage
Projects that use or built on it
Competition
Pros and Cons
Pros
Cons
- Had investment from bankrupt Alameda Research/FTX, which came out (11-11-2022) during the FTX crash. This could mean fall-out risk.
Team, Funding, Partners
Team
- Full team can be found [here].
Funding
Partners
- Is mentioned as a partner to Octopus Network on their website (14-3-2022).
- Acala's aUSD Ecosystem Fund; one of the founding parachains to grow the Acala stablecoin (23-3-2022)
- Founding member of the Polkadot Alliance (29-11-2022), which, interestingly enough, does not include Polkadot itself.
(:
Knowledge empowers all and will help us get closer to the decentralised world we all want to live in!
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