Astar Network token distribution details and roadmap
As promised during our latest community AMA, we want to give you an overview of the #ASTR token distribution and roadmap for the Astar ecosystem.
⭐️⭐️⭐️#ASTR Token Distribution⭐️⭐️⭐️
⭐️The final token distribution ratio for crowdloan participants, based on total DOT contributions is set as 1 #DOT=101.61 #ASTR
*this does not include any potential bonus applied
⭐️There will be 3 batches of rewards distribution:
- Batch — for polkadot js, Astar crowdloan website, and supportive wallets participants. In this batch. The rewards are vested for 22 months with a 10% release on the Astar network launch. Vested rewards are released with each new produced block in 22 months duration time.
- This part will be sent today and should receive two transactions.
- First, you will receive 90% of Your rewards under 22-month vesting
- The second transaction is your 10% that will be transferable at launch
The exchanges supporting Crowdloan will also receive tokens today, but when they launch internal distribution and on what terms — you have to search this info on exchanges You used to join crowdloan.
2. Batch — crowdloan rewards for those who joined by partners such as Parallel, Bifrost, Equilibrium
- will be sent out by January 17th — the end of the day (when the network should start after the runtime upgrade).
- In this batch. The rewards are vested for 22 months with a 10% release on the Astar network launch. Vested rewards are released with each new produced block in 22 months duration time.
These awards will be sent to the addresses of users’ wallets from which they made their Crowdloan and there will be no need for any claims on partner’s websites.
3. Batch — Lockdrop participants.
- will be sent out by January 17th — the end of the day (when the network should start after the runtime upgrade).
- In this batch. The rewards are vested as follows:
A) for those who locked ETH in lockdrop for 30, 100, and 300 days — vesting 15 months with 10% release
B) for those who locked their ETH in lockdrop for 1000 days — vesting 7 months with 10% release
As promised during our latest community AMA, we want to give you an overview of the roadmap for the Astar ecosystem. Most of you already know that the Astar ecosystem contains two main networks: Shiden connected as a parachain on Kusama and Astar connected as a parachain on Polkadot.
⭐️Roadmap
Astar roadmap gives a broad overview of all aspects of an upcoming product: goals, timeline, features, resources, etc. The roadmap indicates what the development team is building, what we are solving, and the new product’s business goals.
The complete roadmap includes all Astar chains, meaning these features are first deployed in our canary network Shiden. After all acceptance criteria are met, the deployment will go to the Astar mainnet.
Do you want to know more about each milestone? Check out our Crowdcast, where we explained our 2022 focus:
During the Crowdcast on December 21st, we announced that we will mute the official Telegram channel end of this year (December 31st, 2021).
Astar has one main objective for doing this, improve communication:
⭐️ Improve communication between the Astar core team and the community.
⭐️ Improve communication between projects building in the ecosystem and the community.
⭐️ Organize discussions topic in the community.
The current channel will still be available to share important announcements but muted for conversations.
We would like to welcome everyone to our Discord channel: https://discord.gg/Z3nC9U4
See You there Astarians
About Astar
Astar Network (previously known as Plasm) is a dApp hub on Polkadot that supports Ethereum, WebAssembly, and layer 2 solutions like ZK Rollups. Astar aims to be a multi-chain smart contract platform that will support multiple blockchains and virtual machines. Polkadot Relay Chain doesn’t support smart contracts. That’s why it’s important for the ecosystem to have a parachain that enables this for all developers who want to build in the Polkadot ecosystem. Astar is here to provide the best solution for all developers by supporting EVM and making a parachain where EVM and WASM smart contracts can co-exist and communicate with each other.
