Token Distribution at Genesis

Astra Chain features a tokenomic design that balances incentivization, network growth, and long-term stability. At genesis block distribution, a total of 1.200.000.000 ASA was minted and structured as follows:

Figure 2. ASA Supply at Genesis

1. The 36% allocation for Strategic Partners & Backers is reserved for the incoming Reward Providers, Partners, and Backers. This will help drive wider adoption and bring valuable resources to the network. All contributions and donations will be invested into various for-profit and non-profit projects in the Astra Chain and the ecosystem.

2. The 25% allocation for Genesis Partner recognizes the crucial role in kickstarting the network and providing early support. The partners were instrumental in helping establish the foundation for the project and providing a solid base for its growth.

3. The 14% allocation for Public Holders (early adopters on Genesis Partner’s platform) incentivizes the wider community to get involved early on and participate in the network's growth. These early participants are crucial in helping build a strong and engaged user base. Until Dec 2022, there are more than 2 million users who own 168 millions ASA in their balances which were stored at Tiki’s vault.

4. The 10% allocation for the Astra Foundation is dedicated towards funding various initiatives aimed at promoting the network's growth and development.

5. The 10% allocation for the Core Contributors is a reward for their hard work and dedication in building the network.

The 5% allocation for the Community Pool (DAO) is aimed at empowering the community and giving them a voice in the governance and decision-making of the network.