Login / Sign up
Discover Bonzai
Terms of Use
Legal notice
Privacy
Region
Language
Max.eth
Max.eth
57
Subscribers
Facebook
X
Whatsapp
Telegram
Feed Shop

Astar DeFi: Astar Farm, the GameFi with $3.50m TVL.

Facebook
Twitter
Whatsapp
Telegram
1 year ago
Astar
DeFi
Easy guide

Astar DeFi: Astar Farm, the GameFi with $3.50m TVL. Let’s present our next DeFi & dApp on @AstarNetwork with @AstarFarm.

My goal is to condense hours of research into EASY-TO-UNDERSTAND guides

How to innovate, bring utility to web 3 in the real world, and make dApp staking fun.

This post follows the space I had yesterday about it.

 1/ Who is building Astar Farm?

It’s the first game of Astar Games @AstarGamesInc.

They are dedicated to developing games on top of Astar. Themselves a subsidiary of Crypto Games, led by @kotaozawa.

On X, you can follow the CTO @stand_english who regularly shares his journey (in Japanese).

The general idea is simple.

Users play a game to grow crops. Similarly as we can do in the game Animal Crossing

In reality, Users are staking ASTR, the native token of the Astar Network, to participate in virtual farming activities.

Let's view it from two different angles: gaming and DeFi.

2/ What is Astar Farm - gaming aspect

Users go to a virtual farm where they can purchase crops and grow them. After a while, they’d harvest and be able to sell their harvested Astar.

 Let’s see how it works:That's a cycle.

Plant seeds: stake ASTR:

Watch your crops grow: lock for a period.

Harvest the crop: the end of the lock period, and decide: re-stake or sell?

Sell crops: sell it agains ASTR tokens.

Some gaming and randomness features:

- The yield for each species is random between one and five.

- The number of crops is random, with results ranging from 1 to 5 (odds are equal).

Risk of Crop Loss: there is a chance of crops being eaten by insects.

What is Astar Farm - DeFi aspect

It’s a gamified experience for dApp staking.

Instead of using the Portal and locking up funds, users go to the game.

Rewards are coming out of the dApp staking rewards .

Callbee collaboration

Calbee let you turn the potatoes harvested in the game into actual potato chips.

The game world and the real world are connected.

Is that a way to make blockchain part of our daily lives and reach mass adoption?

Respect for the innovative approach.

As the founder of Astar @WatanabeSota said:

"Through this campaign, I would like to make the future where Japanese people are using Astar Network without knowing what blockchain is.

We will keep doing our best to achieve mass adoption.”

5/ Recent news - Gacha

Astar farm keeps its cultural Japanese connection with the added gacha feature.

"Gacha" comes from "gachapon," which are Japanese vending machines for capsule toys.

6/  Strategic & insights takeaway points

- They do a merger between real-world and crypto assets with Calbee, the potato chips.

Is merging real words and crypto an answer for mass adoption and unlocking new growth?

While still rare, these initiatives are increasingly occurring, like recently with Solana.

- They make crypto "fun" by turning the "boring" dApp staking into a game.

Is making boring crypto stuff another secret to mass adoption?

Follow Max.eth to comment
Max.eth

Max.eth

Engineer & ex Head of Sales| I easily explain DeFi | @AstarNetwork @celestiaorg decoder| @token_titans | 🍊
57
Visit this Bonzai
Follow Max.eth to get the latest updates.

Find your niche in Web 3 (and make money)

1 year ago
2
119

5 ways to make free money (Using your $ASTR)

5 months ago
50

The Lowest Fees on Astar Network...

7 months ago
49

Astar Evolution: Making Web3 mainstream?

7 months ago
47

Archisinal: Fixing a $1.6 Trillion gap in RWA

7 months ago
53

Top 5 Gaming Projects on Astar

7 months ago
64

Astar Insights: Yoki Origins

9 months ago
71

This NFT Marketplace is taking an increasingly important place on Astar Network 

9 months ago
184

Astar Insights: Neetz Labz

9 months ago
67

Astar Easy Guide: Governance

10 months ago
78

Astar dApp: DeStore

10 months ago
77

Astar dApp: Algem, liquid staking on @AstarNetwork

10 months ago
84

Making the most of the new Astar dApp Staking

11 months ago
79

Sota talk about Sony x Astar in an Blockbeats interview

11 months ago
107

10 things we learned about Sony Chain from the last week's interview with Sota, founder of Astar Network.

11 months ago
116

What can you do with your $ASTR?

11 months ago
83

Sota to be nominated as one of the directors of Sony?

1 year ago
90

Astar Easily Explained: Astar ZkEVM

1 year ago
106

"Astar Network next few months with Sony are pivotal" - Sota Watanabe

1 year ago
89

Astar February Community Call: main points.

1 year ago
94
© 2025 Bonzai Privacy Legal notice Terms of Use