Astra Chain
  • 👋Welcome to Astra Chain
  • 🌋Problems
    • 💸The customer retention market and its problems
  • 💡How Astra solves it
    • ⛓️What is Astra Chain?
    • 🏆Advantages of Astra
    • 🚀Astra’s vision
    • 🎆How can businesses participate in Astra Rewards?
  • 💰Tokenomics
    • 🪙Token Information
    • 🌏Token Supply
      • Token Distribution at Genesis
      • Block Rewards
    • 📈Issuance & Inflation
      • Staking Rewards
    • 🔥Burning Mechanism
    • 🌉Bridge Solution
  • 💾Technical Specs
    • ▶️Architecture
    • 🏦Staking
    • 🔏Data Security & Privacy
  • 🏗️Core Contributors
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  1. Tokenomics

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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Last updated 1 year ago

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