Regarding your application, I’m personally willing to support it, as I believe LST projects bring significant value to our ecosystem and that the expansion of the ASTR token on Soneium is a positive development. However, I’d like to highlight a key principle within dApp Staking: developer rewards should primarily be used for product development and ecosystem growth, rather than serving as direct incentives or kickbacks to attract stakers.
Within the Astar ecosystem, it’s common practice to allocate a maximum of 25% to 50% of developer rewards for such incentives.
I strongly recommend limiting your design to returning no more than 50% of rewards to Astake users, as this consideration could influence the votes of several council members.
Thank you for the valuable insights sir! @Gaius_sama !
Will be submitting the required addresses in another reply to the proposal (as we currently cannot further edit the post)
We firmly believe our approach is well-aligned, with the proportion of dApp Staking rewards redistributed to Astake users unlikely to exceed 50%. This ensures a balance between user incentives and sustainable protocol growth while adhering to the ecosystem’s code of conduct.
For listing Astake Protocol on Astar dApp Staking, here are the required assets for @Community_Council to review, vote on, and, if we’re fortunate enough to be accepted with honor, whitelist for dApp Staking.
Astar Native wallet (Polkadot):
5DLgygFL2qRuUkRvMpErh32zTEQEGXBRJLzmfLx2iheCFEhw
Major smart contract addresses (wstASTR on Astar EVM):
Thank you very much to the team for the answers to various points, which helped me see the bigger picture and understand the project even better. Additionally, in terms of promotion, what are the team’s plans?
Besides engaging with partner DeFi protocols to unlock more use cases and extra yield opportunities for users. We are actively working to increase awareness, such as hosting Spaces on X.
Additionally, we’re deepening integrations, including adding a one-click minting feature on partner AMMs and expanding to more dApp types like prediction market to drive adoption.to conclude:
More use case
Boosting social awareness
Deepening integrations
expanding to more dApp types
These promotional efforts should help us reach more users and drive growth.
That’s great! Initially, I agree with the promotion ideas that the team has planned. Anyway, I’m fully supporting you. Most importantly, belated congratulations to the team for getting approval. I hope we will be able to do fun things together. =)
