Astar Network

ASTR

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Astar Network price

in USD

$0.01429

-- (--)

USD

Last updated on --.

$116.85M #125

8.22B / 8.56B

$1.000

$10.16M

3.2 / 5

ASTR

USD

About Astar Network

ASTR is the native token of Astar Network, a blockchain platform designed to support decentralized applications (dApps) and smart contracts. Astar Network focuses on interoperability, allowing different blockchains to communicate and share data seamlessly. The ASTR token is used for transactions, staking, and governance within the ecosystem, giving holders a say in network decisions. Astar Network aims to bridge the gap between Ethereum and Polkadot, making it easier for developers to build scalable and secure applications. With its emphasis on cross-chain functionality, Astar is positioning itself as a key player in the future of decentralized finance (DeFi) and Web3. The project has gained attention for its innovative approach and growing list of partnerships, making ASTR a token to watch in the evolving crypto landscape.

AI insights

Layer 1

Last audit: Sep 1, 2020, (UTC+8)

Astar Network’s price performance

Past year

-72.58%

$0.05

3 months

-40.59%

$0.02

30 days

-49.06%

$0.03

7 days

-17.50%

$0.02

89%

Buying

Updated hourly.

More people are buying ASTR than selling on OKX

Astar Network on socials

Can @LumiterraGame, @Infinit_Labs, and @KAIO_xyz build a framework that integrates generative AI with on-chain RWA economics? Lumiterra offers a fully on-chain AI-enhanced game world, while Infinite is responsible for an adaptive DeFi engine that performs asset pricing, hedging, and capital routing. KAIO provides a tokenization infrastructure for real-world assets (RWA) aimed at institutional investors. By combining these three systems, in-game NFTs or AI agents can be collateralized by real-world assets, ensuring stable value, and a financial structure can be implemented that allows for the exchange or hedging of gaming profits and treasury-level yields. Additionally, by concurrently implementing in-game governance and compliance governance, a structure is completed that automatically handles taxes and KYC procedures while maintaining an immersive experience for users. First, Lumiterra's game items are issued collateralized by tokenized institutional fund shares through KAIO, allowing volatile game assets to be converted into stable assets yielding 4-5% annually. These assets can be exchanged in real-time through Infinite's bridge agents and are immediately usable within the game. The metadata of game items displays the net asset value of real-world assets along with rarity, meaning a single NFT possesses both aesthetic and financial value simultaneously. Second, expanding Infinite's DeFi agent network introduces new financial primitives that connect real-world yields with virtual economic productivity. In a production system collateralized by RWA, real-world fund tokens can be deposited to create limited-edition equipment, and burning NFTs automatically returns the principal. Additionally, by tokenizing resource flows produced by AI in the form of forward contracts and investing in KAIO funds, uncertain game productivity can be exchanged for stable real-world returns. Utilizing GPU rental-based RWA allows for training AI companions at the guild level, and token holders can earn rental income. Third, Infinite's portfolio agents evaluate synthetic yields (e.g., ETH-based derivatives), real-world yields (KAIO funds), and game yields (staking, etc.) simultaneously, automatically determining optimal asset allocation on a block-by-block basis. For example, when synthetic yields exceed real-world yields by more than 5%, a portion of the treasury assets is moved to synthetic assets, and in the opposite situation, it is converted to real-world fund tokens to ensure stability. These rules are clearly defined in code, enhancing transparency and reliability. Fourth, the governance structure is designed to be dual-layered. Lumiterra's LUMI-based game DAO determines economic parameters, while KAIO's compliance DAO oversees regulations related to real-world assets. The two systems are connected through bridge contracts, and any policy changes affecting RWA collateral must be executed with the signature of the regulatory DAO. Additionally, transactions involving RWA include an automatic tax withholding feature, where a certain percentage of the transaction moves to a tax escrow account, and the KAIO network settles taxes based on country-specific KYC data. Finally, all asset movements and tax records are transmitted to external dashboards through Infinite's data streams. Using zero-knowledge proof technology, users can prove the fair value of their assets without exposing their wallet addresses. In conclusion, the combination of Lumiterra, Infinite, and KAIO integrates virtual assets and real-world finance into a single circular value network. Players can generate real-world returns through virtual economic activities, and institutional investors can supply new liquidity in a transparent and auditable manner. This structure mitigates the volatility of the game economy and sets a turning point for evolving the virtual world into a tangible financial ecosystem.

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How much will Astar Network be worth over the next few years? Check out the community's thoughts and make your predictions.

View Astar Network’s price history

Track your Astar Network’s price history to monitor your holdings’ performance over time. You can easily view the open and close values, highs, lows, and trading volume using the table below.

Astar Network FAQ

Astar Network (ASTR) is a platform dedicated to supporting developers in building Layer 2 solutions and decentralized applications (dApps). The network stands out by offering an interoperable Web3 infrastructure, with the ultimate goal of becoming a comprehensive multi-chain smart contract platform.

Astar Network provides a multitude of benefits for developers and users. With its robust and interoperable Web3 infrastructure, developers can effortlessly build powerful dApps and Layer 2 solutions across blockchain networks, bringing forth innovative solutions for real-world use cases.

Additionally, Astar Network's engaged community fosters collaboration and drives innovation, while holders of the native cryptocurrency, ASTR, can actively participate in platform governance.

Easily buy ASTR tokens on the OKX cryptocurrency platform. Available trading pairs in the OKX spot trading terminal include ASTR/USDC and ASTR/USDT.

You can also buy ASTR with over 99 fiat currencies by selecting the "Express buy" option. Other popular crypto tokens, such as Bitcoin (BTC), Ethereum (ETH), Tether (USDT), and USD Coin (USDC), are also available.

Alternatively, you can swap your existing cryptocurrencies, including XRP (XRP), Cardano (ADA), Solana (SOL), and Chainlink (LINK), for ASTR with zero fees and no price slippage by using OKX Convert.

To view the estimated real-time conversion prices between fiat currencies, such as the USD, EUR, GBP, and others, into ASTR, visit the OKX Crypto Converter Calculator. OKX's high-liquidity crypto exchange ensures the best prices for your crypto purchases.

Currently, one Astar Network is worth $0.01429. For answers and insight into Astar Network's price action, you're in the right place. Explore the latest Astar Network charts and trade responsibly with OKX.

Cryptocurrencies, such as Astar Network, are digital assets that operate on a public ledger called blockchains. Learn more about coins and tokens offered on OKX and their different attributes, which includes live prices and real-time charts.

Thanks to the 2008 financial crisis, interest in decentralized finance boomed. Bitcoin offered a novel solution by being a secure digital asset on a decentralized network. Since then, many other tokens such as Astar Network have been created as well.

Check out our Astar Network price prediction page to forecast future prices and determine your price targets.

Dive deeper into Astar Network

In the rapidly evolving crypto industry, the advancement of Web3 technology has become a major focus for projects seeking to attract attention, recruit skilled developers, and boost user engagement. Astar Network (ASTR) stands out as a prime example of such initiatives, actively supporting developers in building decentralized applications (dApps) and Layer 2 solutions through its comprehensive Web3 infrastructure and other valuable benefits.

What is Astar Network

Astar Network, established in 2019, primarily focuses on assisting developers in building dApps. The platform offers a robust and interoperable Web3 infrastructure, along with comprehensive incubation programs, attractive financial incentives, and technical support.

At its core, Astar's mission is to empower developers by providing them with cutting-edge solutions, such as Ethereum Virtual Machines (EVM), ensuring compatibility with existing developer ecosystems. Additionally, Astar is actively working on developing a parachain where both EVMs and WebAssembly (WASMs) smart contracts can seamlessly coexist and interact, further expanding the possibilities for dApp development.

The Astar Network team

Astar Network was founded by blockchain pioneer Sota Watanabe in 2019. Watanabe's accomplishments include being featured in Forbes 30 Under 30 Asia in 2022 and holding an economics degree from Japan's prestigious Keio University. Before Astar, he served as a marketing specialist at San Francisco-based IT firm, Chronicled, and also founded companies like Next Web Capital.

In 2021, his project, Plasm Network, underwent a rebranding and emerged as Astar Network. This transformation paved the way for the platform's launch as a multi-chain smart contract platform on Polkadot in early 2022,

How does Astar Network work

Astar Network serves as a bridge connecting the Polkadot ecosystem with other L1 blockchains like Cosmos and Ethereum. It achieves this by leveraging a Polkadot parachain to operate as a multi-chain dApp hub, fostering cross-chain compatibility and empowering developers to build and deploy their dApps across multiple blockchain networks.

The network provides comprehensive support for decentralized autonomous organizations (DAOs), decentralized finance (DeFi), and non-fungible tokens (NFTs), allowing developers to shift their focus from infrastructure to application development.

Astar Network operates on two distinct layers. The first layer is built on the Substrate framework, laying a strong foundation for the network's functionality. Meanwhile, the second layer utilizes Optimistic Virtual Machine (OVM) to enhance scalability, ensuring efficient and seamless operations across the platform.

Astar Network’s native token: ASTR

Astar Network's native cryptocurrency, ASTR, has a total supply of 7 billion tokens and is subject to an annual inflation of 10 percent.

ASTR maintains a 1:1 ratio for liquidity and staking, ensuring that for each token used for liquidity, an equivalent amount is available for staking. This allows for a balanced and controlled distribution of ASTR tokens within the Astar Network ecosystem, preventing excessive concentration in either liquidity or staking activities.

To effectively manage inflation, tokens are released gradually in multiple drops. Moreover, staking rewards increase proportionately with the inflation rate, providing strong incentives for active participation in the network and empowering stakers to earn more as they contribute to its growth and stability.

ASTR use cases

ASTR serves various use cases within its ecosystem. Firstly, it serves as payment for on-chain transaction fees. Secondly, it is an essential utility token for building Layer 2 applications. Furthermore, ASTR plays a vital role in governance, granting holders the rights to participate in the decision-making process by voting on proposals or submitting their own.

ASTR distribution

Astar Network allocated its tokens in the following manner:

20 percent: Distributed through Astar Network's initial parachain auction on Polkadot
30 percent: Reserved for early users who supported the network via staking and crowdfunding
10 percent: Future project development
5 percent: Parachain auction reserve
5 percent: On-chain DAO
5 percent: Marketing efforts
10 percent: Early financial backers
5 percent: Team
10 percent: Foundation

Astar Network: The road ahead

Astar Network stands as a beacon of innovation and progress in the rapidly evolving cryptocurrency landscape. With its commitment to empowering developers through an interoperable Web3 infrastructure, it has paved the way for the creation of cutting-edge dApps and Layer 2 solutions. As the network continues to expand and develop, it holds the promise of becoming a full-scale multi-chain smart contract platform, further revolutionizing the way we interact with blockchain technology.

Disclaimer

The social content on this page ("Content"), including but not limited to tweets and statistics provided by LunarCrush, is sourced from third parties and provided "as is" for informational purposes only. OKX does not guarantee the quality or accuracy of the Content, and the Content does not represent the views of OKX. It is not intended to provide (i) investment advice or recommendation; (ii) an offer or solicitation to buy, sell or hold digital assets; or (iii) financial, accounting, legal or tax advice. Digital assets, including stablecoins and NFTs, involve a high degree of risk, can fluctuate greatly. The price and performance of the digital assets are not guaranteed and may change without notice.

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$116.85M #125

8.22B / 8.56B

$1.000

$10.16M

3.2 / 5

ASTR

USD

Astar Network price

About Astar Network

Astar Network’s price performance

Astar Network on socials

Guides

More to explore

Astar Network FAQ

What is Astar Network?

What are the benefits of using Astar Network?

Where can I buy ASTR tokens?

How much is 1 Astar Network worth today?

What is cryptocurrency?

When was cryptocurrency invented?

Will the price of Astar Network go up today?

Dive deeper into Astar Network

What is Astar Network

The Astar Network team

How does Astar Network work

Astar Network’s native token: ASTR

ASTR use cases

ASTR distribution

Astar Network: The road ahead

Disclaimer