PANews, May 8 - Astar Network announced on platform X that the Astar Foundation has proposed to optimize the token model of ASTR, launching version 3.0 of the token economics. The upgraded token economics aims to fix the maximum supply of ASTR while gradually reducing the issuance of ASTR and the liquidity held by the protocol. As for the dApp staking model, Token Economics 3.0 plans to stabilize the annual percentage rate (APR) in the range of approximately 11% to 14% over the next two years, with a staking rate set at 50%. Additionally, to reduce the circulating supply of ASTR, 50% of the network fees will be burned.
