Token Information
Astra Chain’s native token is ASA and the token is the reward token which is used massively inside Astra Chain’s ecosystem. Moreover, ASA is also the utility and governance token which has the following use-cases attached to:
Transactions: ASA is also used as transaction fees of the network. Additionally, a share of the transaction fees goes to the stakers.
Staking and Securing Network: ASA holders can accrue value by staking tokens to contribute to the security of Astra Chain.
Governance: Taking part in Astra’s governance to determine the decisions for changing core protocol parameters, the distribution of the Community DAO pool, and more.
All stakeholders can get ASA from:
Reward Provider’s loyalty scheme and other promotional activities
Join and contribute to Astra Community’s events and programs
Delegate ASA to a specific Validator and get rewards
Provide Liquidity to the Decentralized Exchange platform
Buy on exchanges (DEX and other Exchange platforms: Tiki Exchange, Binance,...)
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