What can you do with $ASTR?
Put your ASTR to work!
Whether you're new to @AstarNetwork or want a refreshing overview, let's dive.
Thread👇
1/ Trading. The most obvious one.
As any cryptocurrency, you can trade it.
Astar's ATH is >$1B. It's currently around $380.
2/ dApp Staking: only on Astar.
This is a mechanism unique to Astar
The principle: you get $ASTR rewards by staking it and choosing a dApp to support.
There are currently 83 dApps to choo from.
Check my thread below for more details.
3/ NFT Marketplaces. Hidden treasure of Astar Network.
Astar has multiple thriving communities that you can join.
Some of the marketplace (with no particular order):
@BluezNFT, @SingularRMRK, @rarible
You can find NFT communities such as:
@apeXchimpz, @AstarSignWitch, @AstarDegens, @DeStore_Network.
And they are plenty more.
4/ Decentralized Finance (DeFi).
There is a complete ecosystem on Astar.
Here are some of them:
🔸@VeryLongSwap_JP: (VLS): DEX
🔸@QuickswapDEX: DeFi hub, with a comprehensive suite of products such as swaps, LP, farming, decentralized perpetual trading, staking, a Gaming Hub, and more.
🔸@Algem_io: Native liquid staking DeFi dApp.
🔸@AstridDAO: A decentralized money market with a native stablecoin.
🔸@arthswap: No.1 decentralized exchange platform (AMM v3 and v2) with the deepest liquidity on Astar Network.
5/ Voting. Participate in Astar governance.
$ASTR holders can participate in governance by voting on proposals that affect the future of the Astar Network
It can be protocol upgrades, changes to the staking system, or other significant decisions.
A important decision is in discussion now: https://x.com/AstarNetwork/status/1806636198536110231
6/ Participate in campains and event.
Like the recent one with Yoki Origin.
The participants get an airdrop of $ASTR.
Thank you for reading.
How do you use your $ASTR?
Source of this post include, Astar's blog post "Yoki Rewards - Next Steps"
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