The valid concerns raised, but I believe that Soneium will significantly contribute to the overall growth of the ecosystem in the long run. However, when it comes to rewarding long-term Astar holders, I fully agree that their support should be acknowldged
Yeah, I will make sure the long-term holders will be rewarded properly and what we are doing now makes sense for our future.
Hello, first message here.
I have been an Astar holder for almost 3 years. Given that I do not believe I am one of the last to arrive and I have experience in this sector, the current management of this project is disconcerting. I hope I can express my feelings, having almost lost 90% of my investment to date, without being banned or censored.
Why is there no news on X and also here on the forum about ASTAR and its tokenomic? Why do many of the figures who were pushing the project a lot a year ago seem to have disappeared?
What is actually happening? I am very worried, I request and deserve to be explained what the direction of the project is.
I invested almost $ 100,000 in astar, and now I find myself with almost $ 10,000. This is unacceptable. The price is not everything, but astar is losing capitalization every day, and the mood is not positive. Many mistakes have been made with Soneium, astar is not central, it does not receive advantages and moreover in the midst of a market dump important resources were left free to be dumped through ACS.
I have always been a fan of yours @sota , isn’t it time to change and act differently? Have you turned your back on those who have financed your work for years, reducing communications to cryptic phrases like above? I’m not into it.
You feared the power of Sony and the collaboration with them. After 2 years, Sony finds itself having invested in astar just over 3.5 million dollars (which is an understatement to call PEANUTS) and receiving in return for free the best of the technology created thanks to long-time crypto holders.
ACS is a failure mathematically speaking. Dumping astar to have a number of transactions on an external network is not a solution.
I am also confused about layer 1.
There is no governance
There is no development
and currently it is only a portal for staking.
A month ago you made a list of points.
When do you intend to communicate with the community and report what the program is? Astar is worth $0.03… I don’t know if you realize, but this is not only the fault of the market dump, but of a lack of planning and clarity towards people who have exposed themselves for you with their money.
You can’t go from talking about Sony and deflation to crypto holders (last 2 years) to talking only about large-scale distribution and unaware users of the product.
If you didn’t want to care about the crypto world, you could have started without our help, and without any lockdrop. The truth is that without us, you couldn’t have gotten to SONY and you couldn’t have built soneium. Crypto holders aren’t just small speculators that you can make fun of just because they’re in crypto. They’re people with everyone’s problems, with families. Respect them and go back to talking about ASTAR as a Token.
Please answer, and let’s bring a different mood to this community.
This forum is made up of only delist proposals and miserable requests for interactions never fulfilled by teams that in some cases don’t even exist anymore.
It is denigrating towards those like me who have invested a lot in this project.
On social media, especially on x, there were continuous campaigns on the importance of $ASTR as a token in the Soneium chain, after the release everything stopped, many ambassadors left and marketing is practically 0.
Even from the most experienced people and with greater confidence in the project, a lot of uncertainty about $astr is evident today.
Why?
Thank you for your questions and participation in the Forum.
- Regarding tokenomics, the latest updates came with the V3 version of dApp staking: Astar Tokenomics 2.0 - A dynamically adjusted inflation. Additionally, Maarten shared insights about tokenomics plans in this post: dApp Staking - Astar Foundation Proposal & Next Steps.
- About users and agents who are no longer active — that’s normal. Supporters come and go; some have left the Astar community, while others moved on to earn money or secure contracts with other projects. However, I firmly believe in the people currently building within the ecosystem.
- I disagree with your point about the ACS campaign — I see it as a key element for Astar’s success. To be honest, Astar Native today feels like a ghost chain — its main utilities are staking and governance. If nothing changes, inflation alone will erode the token’s value over time. Establishing utility for ASTR in an ecosystem that naturally attracts top-tier projects like Aave, Uniswap, Velodrome, and Opensea — becoming part of the Superchain and creating future use cases for ASTR across all chains and even directly on Ethereum L1 — is a game changer. If successful, this could bring significant benefits. Attracting top-tier projects to Astar Native without offering substantial grants or funding — given a limited budget and treasury — is simply impossible. I say this from firsthand experience doing BD with the Astar SpaceLabs team.
- Governance is structured into the Technical Council, Community Council, and the broader Community. Please dive deeper into the details here: Astar Governance Guide.
If you want to get involved, vote and participate! You can also delegate your voting power to one of the delegates: Astar Subsquare.
Let me know if you have more questions — happy to help!
it was impossible to give a better answer than the one given by @pitcoin777 Astar does not have a short-term project but more in the medium-long term.
Time will give us the answers, we will win!
Thank you for your comment. As @pitcoin777 and @EMANUCT96 mentioned, there are technical updates and communication with the community just like this. If you are saying I am neglecting crypto and the community, that is misleading and wrong.
I am 100% sure that our direction, integrating ASTR into Soneium is correct, and eventually, I believe it will be paid off this year. However, in coming months are critical and we are considering multiple options like changing the token economics and make it more deflationary, buy back ASTR and more.
I agree that the awareness of the community on these topics are missing and this needs to be addressed.
This is not the answer I was asking for. Linking all the past things is useless, I know well what has been discussed in the past. It would be the case to take these discussions again, and do it REALLY as a community and not as a group of a few chosen people, as has been the case until now. Can you disagree with me on this? Do you like the way all the messages and communications have been passed? Don’t just look at what has been done, but also at the results, you all talk as if it were normal to find yourself after 3 years of efforts, (and by efforts I also mean those of sota and the core team who for me have worked very hard!) to be capitalized less than the first day of the project’s start. This is a huge failure given by MANAGEMENT. Someone here must take responsibility for not having acted in time and having badly evaluated many things.
Again, I disagree here. THIS PLACE is FAKE.
Let me explain better, there are only false interactions, the management of people paid to incentivize the work of the core team and foundation, is wrong, and this leads to having social posts, or places like this where only one thing is clear: The economic incentive wins over everything. For example, I HATE, I know it’s a strong word, but I hate, the way ambassadors like Emanuele communicate. People outside this system, notice very well what happens here.
Does this mean that we all have to fight each other on everything? Absolutely not.
But, the positive message, must be achieved through real work and not fake interactions, whether here or on social media, just because they are paid. All the people who are part of the ambassador group, for example, should work to achieve goals, not to show empathic states of the community that are actually not there!
This brings bad mood. There is a practically abandoned layer 1, use ambassadors to work closely with serious teams, and use economic incentives to reward both them and the developers!
I’m sorry guys, but you have to be honest and evaluate by looking around you, I have invested a lot, do you think my will is to bring discretion to the project? absolutely not.
It is clear, that if the astar token was worth 3-4 times what it is currently worth, probably no one would be complaining today.
But this does not mean anything, price management is something that at these levels of capitalization must absolutely be taken into account.
L1 is a ghost chain due to evaluation errors, and because the core team at a certain point (about 1 year ago) decided to carry out all their development efforts and also resource management on Soneium.
Dapp staking has been reformulated with a WRONG concept.
After the lack of incentives, the development promised by all developers was missing, with minimal incentives, EVERYONE felt entitled to abandon, not bring updates and in some cases not get to what was promised. Can you blame this?
I remember one thing very well:
Between November 2023 and April 2024, the price of astar rose a lot.
What was all this due to? by the trust of investors.
How did you get this trust? mainly with the news about sony, but also and above all for a community action started from the bottom. Astar delivered real rewards to developers, and in that period EVERY single team essentially also worked as a Market maker on the market. If the main team had associated that community action with a job (even well paid) of control by the other actors of the network, namely the ambassadors, or even created new profiles capable of doing so, you can be sure that today you would not be talking about ghost chain, and you would not be talking BADLY about governance.
BADLY why? Because governance is non-existent. and we all know it here.
Maybe I can seem harsh, but let me say something that perhaps does not come across from my constant underlining of critical points of astar:
No project currently shares the same state that astar has. Astar can take advantage of the total potential of Dot on L1 and of the eth world thanks to soneium on L2. It is something that other projects can only dream of.
However, we cannot fail to underline all the shortcomings. It is incredible not to be able to count on a real governance with the numbers made on the staking side on L1. It is incredible not to see a single dapp that brings real transactions to L1 after all the money distributed in the past. So I associate all this with the shortcomings and choices made in the last year.
Not by chance, I know that talking about price is sometimes reductive in the crypto world, but the chart speaks clearly and perfectly matches my thoughts.
Proposal: go back to strengthening ASTAR and its network, Soneium is something that must give a boost, then if Sota wants to make the Soneium token astar, he should tell us and do it, from what he told us, it doesn’t seem to be like that. Soneium must be financed by Sony, and the Astar token must be central, we cannot continue to grant funds that are IN FACT deducted from the value of the token. You don’t say it, but this is the truth and this is also why Astar is ALL TIME LOW. The timing was totally wrong.
It’s Sony’s Chain, we are waiting for serious investments from Sony, do not put the investments of crypto holders at risk. when you go ALL TIME LOW, you can’t blame the people who abandon, just because they don’t have VISION as you say. Vision is something that few have, it’s true, and I’m sure that astar will do well, but a project must be managed differently, also out of respect. These people have put their life’s money into you anyway. You can’t hide yourself only behind time frames and market dumps. Astar, precisely because it is a different project, with solid foundations, must distinguish itself from the others.
I agree with this.
But you forget one thing.
Astar will be one of the many assets available. The superchain will allow many other assets to be valued within soneium, it is a boost, it will not be the decisive factor in the success of astar. If we talk like this today, we will make the same mistake made more than 1 year ago when we talked about astar as a token on soneium, gas paid in astar etc… as you can see the market did not appreciate it.
I repeat, finding yourself in all time low with the release of soneium and millions of transactions per day, is not something that can be underestimated and attributed to market manipulation. I remind everyone that Btc is at 80,000 dollars, and astar has reached its top with btc at half of this value. There are many projects moving against this trend, if the team supported by sony fails and manages to reach a capitalization lower than ever like any shitcoin, we are certainly underperforming and a lot in terms of capitalization. There is a problem.
Sony superchain and main token cannot be outside the top 200 of capitalizations.
Governance does not exist.
I have read the forum a lot in the last few hours to understand what and how the problems were addressed here.
The structure is there but the stakers have abandoned you, or rather they have abandoned us for a long time, sure of their earnings.
I have read several proposals, never taken into consideration. The main team seemed to me to be in enormous difficulty and in my opinion the choice was conscious.
Today Astar is valued little also because as you can see here there are few people discussing in a proactive way on how to improve and decisions are essentially made by a few people.
How do you intend to improve this, ACS was voted with 25 million votes, I just checked the discussion on the matter. Do you think it is normal and that everything is fine?
Not for me. If you go to X, another abandoned place, the social network par excellence on crypto, where without the support of all those teams that I told you before, about a year ago there were community posts and only positive talk about the development on astar, today you only find bad mood, gratuitous insults to the core team that they do not deserve for the work they are doing.
If you core team do a great job and then manage the ecosystem in this way you do nothing but damage yourself, and a very dangerous vortex is created that gives less value to your efforts.
Governance must be rewarding for stakers and directly connected to dappstaking. Astar dappstaking must bring value to L1, and be connected through development also to development on soneium. Soneium must be the superchain that takes value thanks to this and thanks to the liquidity created not by a simple loan of millions of astar, for dapps that could then behave in the exact same way in which the dapps of the old dappstaking behaved.
Friends, I consider astar a project that has unique characteristics.
The time has come to reward those who have invested, and not those who work to bring false positivity and mask the gaps. There are all the cards to do this, do not abandon polkadot and the USA, play a game on multiple tables, take value from the stakers and make them participants by creating a new portal, control the dapps on l1, create liquidity on l2. I’m tired of seeing this depression on the community side, I’m tired of seeing the core team insulted on X, I’m tired of seeing a forum that is not active, where there is censorship and a few people who always repeat the same things until they get bored.
Please start a growth process, we cannot wait hoping that the market will change. Crypto is ruthless, when the community loses confidence, there will be no way to lift themselves up. Please start acting differently.
you talk in this way because you not invest a single cent on astar, until now. So apart from the income you receive as an ambassador, you have nothing to worry about. Think about those who have been here for 3-4 years. There are Japanese investors who curse Sota, this is extremely unpleasant to read, also because Sota is a great worker, but in fact this is what happens. You are sometimes cloying with the words you write, I don’t want to insult you, it’s just that you scatter flowers everywhere and talk about long timeframes when people are here to see a -90% on their portfolio. You can’t just say — wait!
The market and the community must be protected, safeguarded, and we grow together.
Trust is earned, it’s not something you can ask for because you have your portfolio protected. I am very sure that you earn more now, than before investing in astar. I’m sorry but these are interactions that are not good for the community. I already see Pitcoin for example much less clear in his statements than you. And so I understand the difference in positions… then think about who is in my position…
Sota thanks for the answer, I believe in you.
I made a list of everything I think needs improvement above.
I hope you will take something into consideration.
It is time to give serious answers. The price of the token is too low to be even minimally optimistic about the future, actions must be taken, Sony must enter to invest with its own funds on soneium and the value must be transferred to astar. 3.5 million invested to date to receive the best of the technology we financed on astar, is too little.
Do not abandon L1, there are the resources to carry on 2 branches and grow strong, you are Japanese, but do not underestimate USA, the market is asking for this. Astar investors come from dotsama, many of them have bet on astar and not on dot, today this does not make sense, make sure that their bet is worth being considered as such.
Soneium is important, but there is also much more to improve. Please do it quickly, return to talk to the astar community, and be less cryptic in your communications. Honesty and work will pay off.
I’m not talking about long-term times but specifically I’m talking about the Astar project and that is that it is a medium-long term project (short-term times are found by gambling in memes).
I’m absolutely not here to convince you (I would never do it), but I’m here to tell you that I am first and foremost an investor in Astar and every idea I have had even when comparing myself with dApps from the soneium ecosystem has always been to give value to $ASTR and I will continue to do so.
These market moments are very bad and I really understand it because I repeat I am also an investor
I understand your criticisms and share some of them.
Projects change direction, and this must be done as quickly as possible when necessary. The narrative that Astar L1 led (alongside DOT ecosystem) to advance with WASM was a failure — I participated in hundreds of hours of calls with the Astar SpaceLabs (a non-paid BizDev program to onboard dApps to develop in WASM in 2023), and the outcome of almost every meeting was:
- Not everybody likes the dApp staking concept. Most of them are still stuck with traditional grants.
- Why would someone want to learn ink!? What benefit would they get?
When developers learn ink!, they are taking risks by investing their resources. But what will they gain? They get to build on Astar?
Will building on Astar L1 make them rich? At the moment, the answer is no.
- Our ecosystem is very new.
- We don’t have enough users, so when they build, nobody is going to ape in (our community mostly stakes and forgets).
We could have sold ink! and WASM as much as we wanted to them, but as long as we don’t have active users or our community members don’t use the products, good developers are not going to take the risks.
Take the Byte Masons team as an example: we even offered them a grant to build on WASM, and they were not interested. But they happily build products on Arbitrum without a grant. Why? Arbitrum has a lot of apes.
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SONEIUM has the potential to attract many users from the Superchain and the Astar community! Today, we account for a little over 20% of the economic value of the network, which is only two months old. I see this as a unique opportunity to expand and showcase the potential of the ASTR token.
The ACS campaign alone is breaking records for interactions. Besides rewarding users who are moving liquidity to Soneium, it is evangelizing users to engage with DeFi and other dApps. Remember: NOBODY uses the few products we have on Astar L1. Is this a problem or a characteristic of a community that preferred to stake and forget, waiting for the token to reach an ideal price to sell for profit? What the team is trying to build today is entirely different from what exists on Astar L1.
E sim,
In theory, things seem much simpler, but onboarding teams is not easy — it depends on funding, grants, users, VC interest, and community engagement with dApps. The few dApps that have existed or still exist in our ecosystem did not receive the expected support from users and the community. That’s why encouraging dApps starting from scratch to succeed is an enormous challenge.
–
I agree… seeing prices drop is frustrating. I could justify it by pointing out that many other serious projects are facing similar issues, but honestly, I don’t care about what others are going through — we need to focus on our own struggles.
Sota mentioned above that possibilities are being explored regarding tokenomics, buybacks, and other strategies. Let’s wait and see — I have good expectations for the final outcomes. Nevertheless, we are going through tough times in the market.
I fully agree with your thoughts, there would be so many things to say that the entire forum wouldn’t be enough to write them… the point is all there… we’ve been waiting for a mainet who has arrived for 3 months now and astr continues to be at the center, alone, of your thoughts… the token now has such a ridiculous value, that being able to move millions of it is giving soneium a 3rd category tvl chain… not to mention ACS… incentives too low to convince just 1% of stakers fewer people use them on soneium compared to the previous dappstaking cycle… it is not a question of short, medium or long term… it is a question of the path undertaken, of the desire to improve, of intellectual honesty… the price action is nothing more than the result of a disappointing and minority policy towards astr, not the origin of the complaints…
Well, this is the kind of interaction, which has been missing for more than a year. Conflicting ideas, but with respect, can improve the ecosystem. Don’t you agree? Just censor, ban and forbid. It’s just the fastest way to lose holders. An idea, even if not shared, can always be productive instead. Let’s move forward in this way.
Getting to the point, I’m sure you have these examples to support what you say, and I believe you.
The problem, however, is as I said in the message above, at the base.
Nobody says that you should prefer L1 or Soneium… L1 is a possibility and as such should be cultivated. Astar through dappstaking has given funds in a wicked way. If instead of approving every single project, we had worked on quality, control and made funds available not to uselessly shrill ridiculous posts on X, as for example projects that seemed to be prominent, like destore, just to name one, and then turned out to be USELESS in terms of development, but if funds had been guaranteed through milestones and teams directed from the bottom towards sustainable development, you can be sure that all this would not have happened.
The problem is not INK, the use of wasm or other technical factors.
The problem is that dappstaking worked as a catalyst only at a marketing level for a very specific period (coinciding with all time hight) and then was understood as a simple tip (primarily by people within the core team of astar) only for lack of results.
So what we know is that,
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dappstaking and development or at least the idea of development on l1 can bring traction at a community level - POINT IN FAVOR
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The lack of rewards has led to a lack of commitment, lack of control and a negative perception of the entire dappstaking, as well as disputes between different developers - POINT AGAINST
Resolve the second point, accept a real governance on L1, do everything to increase those numbers and follow the developers step by step, activate milestones and contracts legally signed by the companies that commit to this, and the problem will not arise.
Why were these actions not taken?
I’ll tell you, because the core team couldn’t due to time and resources, and the people delegated in the last 2 years were evidently not trusted enough for such a task.
In the current dappstaking there are more than 100 dapps, all dead… and some continue to take rewards having the nerve to share slides or things not related. I understand that the cleanup work is long, but almost a year has passed.
What does it take to create a certain number of macro-sectors, AI- GAMING-UTILITY TOOL… etc… as many categories as the foundation perhaps requires, so that real development is necessary, and finance one or a few dapps for each category with the control mentioned above?
I am Italian, and I was also banned from the Italian telegram group precisely for expressing these opinions. In this way, without offending anyone. Thanks to @EMANUCT96 (I’m not mad at you, there’s a reason I wrote the things above. There needs to be responsibility in leading a community, sheriffs were fine in the far west not here.)
The community is currently managed by people who will be paid to do this at their best. They will receive rewards for this and a long-time investor like me is first not considered, and then also offended by these actions? I don’t agree. Astar must change.
We must interact and talk about new things, proposals based on development, not on stupid campaigns that reward false interactions.
There would be the financial capacity to give important funds, find ourselves with certain development and not a ghost chain.
For example it is absurd not to have a single game that works with astar, whether it is on native L1 or evm…
The foundation spends 50k in a year for a simple game? good that it is worth it, build a community narrative around this! People here have supported the work of the core team many times, have mined useless nfts many times, imagine if they would not support a campaign on a game.
Look at Gavin Wood how he is pushing on this:
We are throwing away our strategic position just because people do not want to commit to doing things correctly.
That’s why I’m angry, it is not possible not to see the value of the people who manage this network. It is there for all to see.
But many people need to get off their pedestal. And I say this without mincing words. Perhaps the association with SONY has intoxicated all of us a little.
You answered yourself. People go to arb because there is community action, not because it is easier to use arb or prettier.
There is nothing simple about using a web3 dapp in the current state of the history of this sector.
The difference is that on arb a different community has been built (also thanks to different funds) compared to what astar has done. I repeat, take as an example the period from October 2023 to the beginning of 2024, and you will notice that with the sole idea of developing some dapps the community was much more interested, active and the speculative idea on the work of these teams was present even if these teams were certainly not big players!
Closing everything, not checking, and making a U-turn on the promises made to honest developers, was not nice.
You can do both. Cultivate L1, take advantage of Polkadot that will grow guys, it is inevitable, and continue to create on Soneium.
And I appreciate it, let’s hope actions are taken quickly, the price is part of the project, we must not be 100% fossilized on this but neither ignore it for years … and 4 years have passed.
We are pragmatic people how can a project that has developed so much be worth less than its launch? It makes no sense. So actions must be taken.
But first of all a different mood must be re-established, investors must be protected and all the stakers must be brought here, in the discussions, in one way or another. This will take time, it is inevitable, but as said to Sota honesty and work always pays.
I sincerely hope that this discussion is taken positively.
Hey everyone!
I’d like to share my perspective on this topic. I believe that any project aiming to be competitive and build something meaningful in this market must continuously evolve and create new opportunities to find the most profitable paths toward its goals.
Over the years, Astar has done exactly that—it has evolved, built, experimented with new directions, and, like any other project, made some mistakes. But those mistakes have helped it grow, refine its approach, and shift focus toward new opportunities.
I agree that Astar L1 might seem almost abandoned lately, but I see this as PART of an evolution phase , one that is setting Astar up for growth and positioning it as a major player in the market.
Let me explain: Right now, the team has chosen to focus intensely on Soneium L2, because, in my opinion, this is the biggest opportunity Astar has ever had—one that many other projects could only dream of. The team had to make tough but necessary decisions for the benefit of Astar.
At this moment, the most important play for Astar’s success is happening on Soneium. This is where ASTR can truly carve out a strong market position and establish real use cases, in an environment that is constantly under the spotlight, attracting top-tier projects every day.
The ACS campaign is already delivering great results in terms of “TOKEN IDENTITY” on Soneium, and it’s just one of the first steps in a broader strategy that the team has in mind. I personally see this as the “SONEIUM PHASE”—where resources are being used to secure success on Soneium and build real Utility/Identity for the ASTR token. This is crucial.
At the same time, I am very confident that after the Soneium L2 Phase, we will enter an ASTAR L1 PHASE, where focus will return to the L1 chain, bringing new developments and evolutions there as well.
I truly believe that @sota and the core team are working day and night to keep Astar at the forefront. They are doing everything they can, even if that means facing criticism from the community for some choices taked. Many things cannot be expose due to legal reasons or to avoid disrupting strategic plans, but I believe that Astar’s mid & long term growth strategy is already well thought out and planned.
I completely understand that, from an investor/community perspective, frustration can be high. I’m an Astar investor from the Polkadot Crownloan, so I get it. But let’s be hones, the market conditions haven’t been helping, most projects are in a similar situation of price action, and we are not the only ones struggling in a bearish or uncertain market.
That said, price aside, I would be far more worried if Astar had remained STATIC all these years, focusing solely on its native L1 without seeking new opportunities.
But this is just my personal take.
the greatest opportunity *startale has ever had… astr today, above all thanks to a completely absent policy on l1 and therefore to the total disinterest of the astr token, it has no power on a chain and even less on l2 as it aims to become soneium… ACS is the sugar daddy who fortunately has not caused many holders to fall, given that the majority have reinvested in dapp staking…soneium could be an opportunity for astar ONLY if astr remains strong, ONLY if astr it does not stop in its development ONLY if astr is not forgotten… and months pass but the prospects are missing… or rather, assuming they exist, they are not made known… but we are not talking about Sony here… and we have to invent another reason…
This is correct. In the long run, there will be only three to 5 platforms people use just like we2 platforms today. From the Astar’s perspective, the key is whether we can make it into the top five in the next few years. This is how I think and the background of Soneium alignment. Even if it comes with short-term pain as expected, this must be carried out.
I feel you, and I am on the same page regarding the emotional comments here. However, this doesn’t help much to consider what we have to do in coming weeks. Rather than evaluating the past here, we should discuss what needs to be done in the coming weeks. Instead of emotional comments, we should engage in a logical discussion.
Logically speaking, it is time for Astar to take more aggressive actions like buy back or change token economics.
You are right SOTA, it is right to look forward. The important thing is to recognize the current terrible state of the token value and also of the sentiment of the holders. Having recognized it is a starting point, from the statements that you often make also on social media, something else transpires, as if you only cared about having to demonstrate on Soneium. This clearly also irritates those who think like me that in any case it is important to operate on Soneium, because it gives the impression of neglecting everything done on astar.
Having established that the team will commit, I would like several things:
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that the steps are decided at community level, of course the core team will have the final say but discussing it seriously, with many more people than what happens today is important.
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That in addition to tokenomic resolutions, we talk about how to improve 2 fundamental things in the ecosystem:
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GOVERNANCE
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L1 DEVELOPMENT
This is necessary and can be delegated, a dappstaking v4 should be structured as soon as possible, and associated with it a smaller number of dapps (closed number) per sector.
Listing requests must be public, correlated with certain milestones and times. Based on what astar will obtain from the developers, the community will choose who to support.
For governance, you can integrate a level system, where the staker who chooses to bet on a project is remunerated with bonuses every time the dapp is approved for the milestone.
This presupposes periodic checks by professional figures such as ambassadors, but in general discussions should be open to everyone.
These are ideas and can be improved, but we must not move away from the idea of GOVERNANCE-MILESTONE-DEVELOPMENT.
These things must run together.
If there are two teams competing for an AI app for example and the proposal is similar, the dapp that through the milestones arrives at the finished product in the shortest time possible must be supported.
Value for ASTAR.
It was taken for granted that there was seriousness on the part of the teams, this was not the case, and it is not right to abandon everything because of the seriousness of the teams and the lack of control on our part.
I don’t see why in a few years there couldn’t be a series of successful dapps also on L1, if you look around, you will realize that technically in the dotsama ecosystem there is not much to discuss at the third-party development level, but if there are economic incentives on astar, it is right that they are channeled into a few quality dapps. In this way we will have placed our chips in advance there too and we will be there when polkadot should start to shake up the market.
Current dappstaking does not work. I don’t want to hear anything from the core team except the promise to change the current status and in a short time. If you Sota have admitted these problems, it is good to think about development on Soneium, on which we all more or less agree on an ideological level, as well as to fix everything that is on this other side.
There is no need to test, you need to calculate what funds are available and create an internal control system as mentioned through milestones for each project.
The last period, I took a tour of X, and I noticed only and only 1 post, the one promoting neurolanche, a much criticized project but which in the end at least brought visibility to astar in one way or another. So the current state has no way of existing.
If 12 months pass and astar from today will have 1 complete and functioning dapp per sector, we will all have won. Developers will earn certain and substantial rewards, and stakers will be able to be more active with bonuses not related to a single period, but dynamic ones that will give rise to interest in moving funds.
Few quality dapps, you can go back to a linear support related to $astr tokens or even set pre-established budgets and see who is interested in developing for those figures.
The current state must change, there are too many hidden things, too many teams that play with the rules and remain unpunished. It would also be a good idea to provide for IP control for each dapp. If we want to be serious, we should also work on this so that the investment made can be spent in the future also possibly on Soneium.
NB:
With astar at $0.028 and having lost 89% of my investments, I expressed openness to what you said, I sincerely hope I will not have to argue with someone from the core team who will repeat for the umpteenth time that the staking and governance system must remain this way just because there is no time to do anything else. It would be an unacceptable response. I hope that pride will be put aside in favor of improving things, as you hoped. Let’s look forward.
I totally agree with Forstar (we were probably banned together from the Italian chat).
The idea that Astar is Soneium’s keystone was just an attempt to maintain Astar’s value, but it completely failed.
I believe we should start distinguishing between Astar, Soneium, and Startale. Startale, thanks to the work done on Astar, had a great opportunity to create Soneium, which brought significant value to Startale. However, this came at Astar’s expense, as it completely lost its usefulness.
So the question is: do we want to continue with Astar? And if so, with what perspective?
Being the keystone of Soneium is absolutely not an option. L1 was completely abandoned, and dApp staking was merely used as an ATM by projects that took money without delivering anything…
why is the discussion not moving forward? The core team or other people have nothing to say?
Come on let’s liven this place up guys… I feel so frustrated with this situation… and helpless