there is nothing to do… two choices remain: -wait for the Astar Evo2, which according to the founder will be focused on the L1…then we will judge… -sell… I honestly wouldn’t blame anyone, whatever the choice… they would still have good reasons.. what is equally certain is that we will only have the answers when they feel like giving them, hoping that the point we have reached has served to learn from the mistakes of both parties…
The deafening silence that exists is worrying.
$ASTR is in free fall, and the team only thinks about censoring my messages. This is the second time this has happened. I wrote my thoughts on the current state and you censored me!
I want to know why @Maarten
Stop handling things this way! Astar investors have lost everything! Stop deleting and pretending nothing is happening!
There is no community here anymore!
I read @sota post on X and all the insults that verified people wrote to him… imagine how many unverified people would have insulted him.
Something is wrong, you still haven’t clarified after months, if there is no response, I will collect all the announcements and allusions about the ASTAR project made by Sota and the Astar team and create a group for investors angry about this, then evaluate what to do.
Since the idea was born, Astar’s capitalization has collapsed by 90%.
Sota has abandoned astar, and all the token is for is to be given away to dapps that will end up the same way as those that were on astar until recently.
WE DESERVE RESPECT AND ANSWERS.
WHAT ARE YOU GOING TO DO???
You can’t be so rude to people who put their money on the line, this is not possible!
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gentlemen… it is not necessary to invent anything, the community remains the backbone of every crypto project since the dawn of time.. neglecting it, ignoring it, censoring it can only cause damage, much greater than any other wrong step… we need to feel that $Astr is at the heart of the project, that $Astr is not being used to fund anything other than its own growth… we are close to the last resort, astr2.0 will probably be the line that will trace the fate of our future.. do not ignore, do not underestimate the importance of the collective, do not humiliate the community yet because it is truly on the razor’s edge..
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PLEASE @sota @Maarten @Gaius_sama @0xRamz read the comment here:
Have you all taken note of the answers? You have abused the patience of the community and now there will be no small incentives to save the project.
How can you underestimate the importance of the community and the price of a project?
Simple, either you have personal beliefs almost bordering on madness, or you are simply calm because you personally (after creating soneium) have nothing to fear.
Please give a sign of life.
I Would like to Propose this Strategy for Astar Network
To make the Astar ecosystem great again, I propose a multi-pronged strategy, tailored to Astar’s unique position with Polkadot and Soneium, and addressing current challenges.
- Strengthen ASTR’s Economic Flywheel
• Implementation:
• ASTR Buyback and Burn Program: Use a portion of Soneium sequencer revenue (as outlined in Astar’s roadmap) to buy back and burn ASTR, reducing supply and increasing value.
• Enhanced ACS Rewards: Expand the ACS campaign beyond May 2025 with tiered multipliers (e.g., 3x for long-term staking), incentivizing sustained ASTR usage across Astar and Soneium.
• Liquidity Incentives: Offer bonus ASTR rewards for liquidity providers on Soneium dApps (example., SoneX, Kyo Finance).
- Supercharge Developer Adoption
• Implementation:
• Astar Studio 2.0: Upgrade the existing Astar Studio developer console with a $500K grant pool (doubling the current $200K), targeting dApps that integrate ASTR across Polkadot and Soneium.
• Hackathon Series: Launch a global “Astar x Soneium Hackathon” with Sony’s backing, offering prizes in ASTR and exposure via Sony’s channels.
• Gas Fee Subsidies: Subsidize gas fees on Soneium for the first year post-mainnet using Astar Foundation funds, attracting developers and users.
- Amplify Community Engagement
• Implementation:
• Astar Ambassadors Program: Recruit 100 community ambassadors worldwide to promote Astar and Soneium on social platforms, rewarding them with ASTR and exclusive NFTs.
• Weekly AMAs with Leadership: Host regular AMAs with Sota Watanabe and Maarten Henskens, addressing community concerns (example., Polkadot focus) and sharing updates, building trust.
• Sony-Powered Campaigns: Leverage Sony’s brand for mainstream campaigns (example., “Play Web3 with ASTR” tied to PlayStation), targeting gamers and creators.
- Expand Ecosystem Use Cases
• Implementation:
• ASTR-Backed Stablecoin: Introduce an ASTR-collateralized stablecoin (example., “ASTR-USD”) for payments and DeFi on Soneium, use over-collateralization to avoid instability.
• NFT Marketplace Expansion: Enhance Sonova (Soneium’s marketplace) with exclusive ASTR-based NFT drops tied to Sony IPs (example., Spider-Man collectibles), driving adoption.
• Gaming Integration: Partner with Sony to integrate ASTR into blockchain games on Soneium, offering in-game rewards and staking.
- New Feature: “Astar Nexus” – The Inflection Point
• Concept: A cross-chain interoperability hub bridging Polkadot, Astar, and Soneium, positioning Astar as the central connector for Web3 ecosystems.
• Details:
• Functionality: Astar Nexus is a decentralized protocol allowing seamless asset and data transfer between Polkadot parachains, Soneium’s Superchain, and Ethereum. Users stake ASTR to access priority bridging and earn cross-chain rewards.
• Technical Backbone: Built on Chainlink CCIP (already integrated) and LayerZero, with a user-friendly portal for bridging ASTR, DOT, and ETH-based assets.
• Unique Selling Point: Unlike existing bridges, Astar Nexus rewards stakers with “Nexus Points” redeemable for governance power across all three ecosystems, incentivizing long-term commitment.
• Impact:
• Unifies Astar’s Polkadot roots with Soneium’s Ethereum focus, addressing community concerns about divergence.
• Attracts developers by simplifying multi-chain dApp deployment (example., a game on Soneium accessing Polkadot data).
• Boosts ASTR demand as the staking and governance token for Nexus, creating a new economic driver.
Execution Plan
• Q2 2025: Launch ASTR buyback/burn and Astar Nexus beta, announce hackathon.
• Q3 2025: Roll out Astar Studio 2.0, gas subsidies, and stablecoin pilot; host first AMA series.
• Q4 2025: Expand ACS with new rewards, debut Sony-backed NFT drops, and fully deploy Astar Nexus.
• 2026: Scale gaming integrations and ambassador program, targeting 1B ASTR in TVL across ecosystems.
Expected Outcomes
• ASTR Value: Increased utility and scarcity drive price appreciation.
• Ecosystem Growth: TVL exceeds $500M by 2026, with 50+ active dApps.
• Community Trust: Transparent communication and Polkadot-Soneium synergy rebuild confidence.
• Market Position: Astar becomes a top interoperable Web3 hub.
6 Likes
Wow! Now this is a post worth engaging with to foster discussion and nurture ideas. Congratulations on this initiative! Let’s debate some key points, and I’d be happy to bring the most promising ideas to the team—unless they see this topic themselves.
Unfortunately, sequencer revenue won’t be used to buy back and burn the ASTR token. The topic of buyback & burn is off the table. However, revenues from the sequencer will be reinvested in Astar development through Startale.
I like this idea, and I think @jay could analyze these requests with the team to see if something along these lines would be possible.
I believe these points could be better explored by @maarten. However, I see that a stablecoin backed by ASTR could face regulatory issues in Japan. Perhaps this could be an initiative from a dApp team – there is funding available through the UCG Program or dApp staking.
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Thanks @Amil_Gaoul for adding value in this thread.
Regarding ASTR Buyback and Burn, we do have 2 announcement coming out from 2 different sources. One will be related to Soneium Sequencer and another one will be related to an initiative from Astar Foundation. The Astar Foundation initiative has been introduced to the Community Council and this week with our Agents to gather more feedback, this will be announced on the forum Friday.
Enhanced ACS Rewards, approved and in our roadmap. We are building an inhouse product that will be launched end May as follow-up for ACS. Currently we are in POC phase but great to see our alignment :-). One idea we are thinking about is using vaults related to the ACS rewards for further yield farming. Astar Foundation is making the claiming page for ACS so we can immediatly funnel ACS participants in our new product.
Regarding more liquidity incentives, I hope our Friday post on the forum will bring more clearity.
Startale Cloud Services is in the final stages of launching their AA solution to the market. One of the great features will be that Astar can be used as gas fee with their AA solution.
Not ASTR specific one but Sake Finance makes it able to lend ASTR and borrow SONE.
Thanks for sharing this idea.
I see this idea more as part of a hackathon to showcase it’s potential and architectural design for a team to work on an MVP. It can as well be a nice bounty for dev shops currently being idle in the market.
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Thank you for the concrete strategies and detailed plans.
As @Maarten said, the foundation has considered many of the action items you brought up, so we’re aligned.
In particular, I’ll post a proposal on the forum this Friday regarding the buyback & burn program and let’s continue the discussion there.
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The point here is that no one wants to always be pessimistic, it is useless for you to tease people like me with these statements, as if everything that has been written before is not valuable.
I know this is also a reference to me and others who have asked things and have not received any response not for days but for 2 months from you. No direct response.
You have your back covered by startale and sony, you decided to ignore the market for more than a year, basing your choices exclusively on technology and ignoring the holders. Without the holders the project would not have even started, at a certain point you managed to create something stable for the foundation, but instead of rewarding those who invested, you only thought about one side of everything that should concern the project. Having a team with economic development capabilities independent from the market should have been a plus, instead out of arrogance you transformed it into something negative. I am sure that if all your earnings were based as in other projects on the performance of the tokens (as for investors) you would have acted differently. We reached 0.02$ of counter value for a reason, not because someone is bad with you. Do you think I am happy to write here? I really could have done without it, believe me.
Talking about community and sentiment, it’s not something secondary. Astar evolution 2 will concern L1, well, after having distanced ALL the holders who came from Polkadot, now after a year it will be difficult to regain their trust, so put it how you want, call me a fudder but take your responsibilities for the past choices made.
Now I don’t want to continue on this path, I expect serious buyback actions from those who made mistakes like the foundation, with daily reports and numbers.
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I’m happy to see today’s tweet about the buyback of astr with part of the proceeds from the soneium sequencer, I think it’s great news… I was wondering if it was possible to make public both the percentage of income allocated to this operation and the frequency with which it is carried out. I believe it is an excellent way to reassure the community and give real value to the initiative, ensuring that everything happens in a transparent manner, it could also be an investment incentive for those who do not yet own astr.
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In any case, I invite you to always read the comments of people who have bought astar in the past. Just go to our X profile.
All people who do not add true value?
If you launch a news like that and even today there is a 10% dump I don’t know what to say anymore honestly.
We don’t know anything about the soneium sequencer and what volumes can lead to deflation (if you burn them) of astar. So we need current and predictive information.
Also the buy back and burn that you predicted, even in this case it is just a phrase thrown out there, so I expect precise numbers in this case too.
Also we always wait to know something about the utility of the token, as many users have written to you. The promise was ASTAR as a soneium token, today we no longer know what it is. You don’t play with words, there is no longer time for this, so please respect the community and clarify. ASAP
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I have asked question on SEQUENCER and how much buyback we are talking. NO ONE HAVE ANSWER, MY THREAD IS SHADOW BANNED, and people here continue tu ignore me.
Now, I’m here with all the good intention, to support the team, but attidute is always the same.
You have made an announcement, can you tell us more or we need to be joke like in the last years? can you be serius ?
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Agree with you, yes, this is great news, and I believe there would be more updates on the buy back side later on
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This is announced not too long time ago, I think it would take some time to share more details, like the amount of buyback, please stay tuned for the next announcement
since you wrote this, mathematically apart from the huge price dump, there are more or less holders in the project. There are more or less dapps ON ASTAR and not soneium, and the funds invested in soneium have returned as value for astar or as you read everywhere, people claim the opposite?