Tokenomics

Astar Exchange Token (ASX) tokenomics

80% of the Astar Exchange Token (ASX) supply is allocated to Astar Exchange community members by liquidity mining pools. The formula accounts for LP liquidity on a per-second basis ensuring that rewards are weighted towards LPs that provided liquidity when total liquidity was low.

$ASX holders may vote to add more pools after an initial 30-day governance grace period, then Snapshot.org page will be opened. You are welcome to the DAO forum to discuss future of the website, protocol and Governance Token. Every decision will be lead by Astar Exchange community by vote.

Community-led Growth

Astar Exchange is a trustless and highly decentralized financial infrastructure.

Inspired by UniSwap's vision, we have long committed to the ideals of permissionless access, security, and immutability, all indespensable components for a future where anyone in the world can access financial services without fear of discrimination or counterparty risk.

The introduction of $ASX serves this purpose, enabling shared community ownership and a vibrant, diverse, and dedicated governance system, which will actively guide the protocol towards the future.

$ASX officially enshrines Astar Exchange as publicly-owned and self-sustainable infrastructure while continuing to carefully protect its indestructible and autonomous qualities.

$ASX Allocation

08-04-2023 modification: emission ended, total supply 160,749,791.587 $ASX, DAO Treasury share is 10M, team share 5M.

60,219,463 ASX 37.4616% burned at 0x000000000000000000000000000000000000dEaD

Team address: 0x87C30Fcd4C48BA709444C0D6f32FA72642B0c580

Treasury address: 0xC626C42a7bA5bd31505084C451527cEFf5D3252D

Governance assets

The Governance Treasury will retain 10M of $ASX supply to distribute on an ongoing basis through contributor grants, community initiatives and other programs.

A community-managed treasury opens up a world of infinite possibilities. We hope to see a variety of experimentation, including ecosystem grants and public goods funding, both of which can foster additional Astar Exchange ecosystem growth. We are proud to follow Uniswap's path, they have set the standard for automated liquidity provision. As they said: it is now time to set the benchmark for responsible but radical, long-term aligned on-chain governance systems. Speed and low fees on Astar Network open this new financial ecosystem to everyone.