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Making the most of the new Astar dApp Staking

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1 year ago

Improvements have been made in the Dapp staking of @AstarNetwork

Below are :

  • The main takeaways

  • How YOU can make the most of it: #ASTR

First, dApp staking is unique and a key innovation of Astar.

You might want to check out what it is in my "Astar Easy Guide" below

https://x.com/max_eth_healthy/status/1799115993912054079

1/ UNDERSTANDING ASTAR’S DYNAMIC TOKENOMICS

Astar Network's tokenomics adjusts inflation dynamically, providing a balanced ecosystem.

This means your staked ASTR tokens get rewarded with a part of this dynamic inflation.

2/ ACTION ITEMS

Stake your ASTR tokens to receive daily rewards.

Choose from multiple staking pools to diversify your stakes.

A significant part of rewards is allocated to developers based on ASTR staked on their dApps.

3/ ASTAR'S USER-CENTRIC APPROACH

User-centric improvements based on community feedback.

- Increased transparency in reward calculations

- Making the staking process simpler

- Long-Term Incentives: become a long-term staker and receive increased rewards.

4/ ACTION ITEMS

Stake your ASTR tokens and get detailed insights into your rewards.

Participate in voting periods to become a long-term staker and receive increased rewards.

5/ dAPP STAKING - THE FUTURE OF STAKING

Astar's dApp Staking v3 has introduced a more efficient and fair distribution of rewards.

Plus, you have the flexibility to choose the duration and conditions of your staking.

6/ ACTION ITEMS

Explore the various projects on the dApp Staking portal.

Stake on your favourite type of project.

No token leave your wallet, you have full control of your asset.

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Max.eth

Max.eth

Engineer & ex Head of Sales| I easily explain DeFi | @AstarNetwork @celestiaorg decoder| @token_titans | 🍊
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