Astar Withdrawal Deadline

Astar Network’s governance proposal #19, live on April 7, 2025, aims to adjust dApp Staking parameters by reducing BaseStakersPart from 25% to 10% and increasing AdjustableStakersPart from 40% to 55%, targeting lower inflation and a stable 50% staking APR.The changes address Astar’s tokenomics challenges, as current inflation is high when staking ratios are low, a common issue in layer-1 blockchains like Polkadot, which Astar benchmarks against, per the proposal’s forum discussion.ASTR holders face voting access issues, with EVM chain tokens excluded despite Astar’s support for both Native and EVM wallets, highlighting a governance friction point noted in user replies and Astar’s documentation.

Astar Network, a layer-1 blockchain focused on interoperability within the Polkadot ecosystem, proposed transferring its DAO Allocation to the newly formed Astar Finance Committee (AFC) to address challenges like sustained sell pressure on its native token, $ASTR, and limited treasury diversity.The AFC aims to generate sustainable revenue by strategies like providing $ASTR liquidity on lending protocols, staking in dApps, and investing in early-stage projects, with plans to burn or buy back $ASTR to mitigate inflation and support ecosystem growth.This governance proposal, live for voting on April 15, 2025, has garnered strong community support with 100% Aye votes (7.89M $ASTR) and zero Nay votes, reflecting confidence in the AFC’s potential to revitalize Astar’s ecosystem amidst its integration with the Soneium layer-2 network.

The AMA will feature Astar Network, Startale Cloud Services, and Kyo Finance, focusing on how AA enables flexible gas fee payments with ERC20 tokens like ASTR on Soneium. This move enhances user experience by removing the need for native ETH, a common pain point in Layer 2 scaling. Expect insights into real-world use cases, including how this integration boosts adoption for gaming and consumer dApps. The session’s significance lies in its potential to set a precedent for token utility in Layer 2 ecosystems, possibly influencing other projects. Tune in at 11 AM UTC on X Spaces to ask questions and learn more!Recent NewsAstar has been on a roll. In early 2025, Soneium (formerly Astar zkEVM) reported over 2 million wallets and $130M in total value locked (TVL), per CryptoDiffer’s June 20th update [Post ID: 1935996885795324332]. This growth reflects strong ecosystem traction, fueled by partnerships like Sony Group and backing from Samsung Next and UOB Venture Management [astar.network]. The recent rebranding to Soneium underscores Astar’s pivot toward consumer and gaming dApps, aligning with its 2024 milestones of 650,000+ ASTR holders and 3.4B staked tokens [u.today, Jan 2024].Future PlansAstar’s roadmap is ambitious. The Soneium For All program, launching with this AMA, offers grants and technical support to developers integrating ASTR, aiming to onboard 100+ new dApps [soneium.org]. Future expansions include enhanced token utility and deeper Layer 2 integrations, positioning Soneium as a hub for Web3 innovation. Startale’s cloud services will provide infrastructure, potentially scaling transaction capacity further.Onchain DataWhile exact daily transaction figures post-June 20th aren’t yet available, Soneium’s ecosystem boasts 70M+ transactions and 1.5M daily transactions at peak, per its official site [soneium.org]. Wallet growth to 2M+ and $130M TVL signal robust activity, though real-time metrics await further updates post-AMA. These stats suggest a thriving network, ripe for this new gas payment feature.Community SentimentX sentiment is buzzing! CryptoDiffer highlighted Soneium’s dApp leaders like UneWeb3 and EverMoon, driving excitement [Post ID: 1935996948135150036]. Influencers like Eric Montes praised the ecosystem’s momentum [Post ID: 1935988903192019128], while users on X express optimism about ASTR’s utility. Some caution about Layer 2 volatility, but the overall tone is positive, with 200+ engagements on the AMA post [Post ID: 1935985999064318095].Additional InsightsThis integration taps into a 2024 trend where AA adoption surged 30% (Blaize.tech), endorsed by Ethereum co-founder Vitalik Buterin for its security benefits. Competitors like Arbitrum rely on ETH gas, giving Soneium an edge. Users benefit from lower fees and flexibility, though early adopters should monitor network stability. Risk Disclaimer: As with any crypto innovation, expect potential volatility; research thoroughly before investing.