Astar Network Unveils Fixed Supply Model To Accelerate Institutional Adoption And Sony’s Soneium Integration

By: bitcoin ethereum news|2025/05/09 07:15:01
0
Share
copy
Astar is transitioning to a fixed supply model to meet growing institutional and enterprise demand, introducing 10.5 billion $ASTR tokens. This change will remove inflationary emissions via a decay model and place the protocol in line with institutional preferences for predictable and value-compelling digital assets. Additionally, 50% of all ongoing transaction fees will be burned indefinitely to maintain ongoing deflationary pressure over the token supply. The initiative aims to increase long-term token value and stability. The Astar Finance Committee (AFC) will use 20% of the network fees and reserve $ASTR to buy DOT, set up ASTR-DOT liquidity, and self-secure Polkadot core time slots, independent of the council. The AFC will publish monthly performance reports and maintain a public dashboard to maintain transparency in POL operations. Integration with Sony’s Soneium to Boost Liquidity and Interoperability Astar also expands its role to become one of core ecosystem asset of Sony’s ‘Layer 2’ blockchains, Soneium, at the same time as Astar unleashes the fixed supply model. Through the Astar Portal, Astar will act as the central liquidity engine for cross-chain interoperability between the Ethereum and Polkadot ecosystems. This integration will improve ASTR’s utility and help bring more people into utilizing decentralized finance platforms. Through this collaboration, Astar plays a pivotal role in enabling liquidity flow and token bridging across Soneium network. Revenue from Soneium’s sequencer operations will be reinvested to aid the development of Astar ecosystems. At the same time, Astar has launched as one of the first-day partners of Circle, Optimism, and Chainlink as it grows its footprint in Ethereum’s Layer 2 landscape while leading in the Polkadot network. Roadmap and Institutional Strategy The community discussions for implementing the fixed supply model will start in May 2025. Following research and development, full deployment is expected in the second quarter of 2026. The changes align with Astar’s broader mission of supporting scalable and secure blockchain adoption across the enterprise, entertainment, and consumer platforms. Crypto journalist with years of experience providing in-depth analysis and news on blockchain and decentralized finance. With a keen eye for detail, Shahzaib delivers insightful articles that explore the latest trends, market movements, and innovations within the crypto and blockchain ecosystem. His work focuses on educating readers while offering expert commentary on the evolving landscape of digital assets, DeFi protocols, and the broader impact of blockchain technology. Source: https://blockchainreporter.net/astar-network-launches-fixed-supply-model-to-drive-institutional-growth-with-soneium/

You may also like

From Cash to Cryptocurrency: Moving Towards a Unified Regulatory Path for Illegal Payments

By establishing a framework based on the principle of "general law" and broadly defining the function of "payment tools," future innovations can be automatically included in the regulatory perspective, thereby breaking the passive cycle of "innovation-regulation-re-innovation-re-regulation" and guid...

Who will own the most Bitcoin in 2026

In this article, we will examine some individuals, companies, and wallets that have become crypto whales based on on-chain data and their own public statements, and investigate the amount of Bitcoin they hold.

A private feud lasting 10 years, if not for OpenAI's "hypocrisy," would not have led to the world's strongest AI company, Anthropic

What shapes the global AI landscape is not only the competition of technological routes but also a personal trauma that has never healed.

"Crypto Tsar" steps down: 130 days of political performance come to an end, how much of Trump's crypto promise remains?

The encryption czar has left, and Trump has muted.

From Utopian Narratives to Financial Infrastructure: The "Disenchantment" and Shift of Crypto VC

Financial infrastructure is the real reason that attracts venture capital investment in the cryptocurrency field.

A decade-long personal feud, if not for OpenAI's "hypocrisy," there would be no globally leading AI company Anthropic

Shaping the global AI landscape is not just a battle of technical paths, but also a wound of private trauma that has never healed

Popular coins

Latest Crypto News

Read more