ASTR's Role within the Soneium Ecosystem

Yes, I would like to open up dApp Staking also to projects to those that bring value to the ASTR token and embed it in their growth initiatives, not limited to Soneium. I see a future were ASTR will be adapted to more protocols in the future as it’s currently already in the Polkadot ecosystem.

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100% it’s the goal of Astar Foundation to make ASTR not only just integrated but easy for everyone to get their hands on through smooth UI/UX.

Thanks for sharing,

I’m curious about the UI in the page, looking forward to the event. GMMMM

By the way, you said that you want ordinary users to be able to experience the products on Soneium, so what measures can attract ordinary users to experience and be willing to use them?

Thank you.
I have a deeper understanding now after hearing about your vision.

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Interesting :muscle:

This answers most of the questions the community has raised recently following the launch of Soneium.

Again, i must commend the team for its high level of credibility, transparency and communication which is key to sustainable growth in the space.

Looking forward to seeing more updates. Super stoked and ready to support anytime :100:

Indeed the future of ASTR is bright :fire:

LFGM :fire: :rocket:

@Maarten
Hello Maarten,

First of all, I find myself grateful for this kind of initiatives that the Astar Foundation generates, we are about to witness the development of one of the most powerful partnerships in the crypto ecosystem (Astar + ASTR + Soneium).

I find myself aligned with each of the points mentioned and would like to weigh in on the selection of theDAO collective, but I see that @you425 already asked good questions so I’d love to see how the conversation continues on that front.

Again, I’m glad this topic is open and we are discussing the future of a major change in the ecosystem.

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I really like this idea. We learn a lot from the last 2 years, after DAO Collective formed, we can formulate what’s the ideal requirement of a dApp to get listed on dApp Staking and delisting process also.

Next, I would like to suggest in order this campaign to succeed, what about we are opening more deposit channel, especially via Astar EVM from top tier cex like Binance. It’s true we are already had depo/wd channel but via Astar Substrate (Native) on many top tier CEXs. I’m pretty much confidence that if we conduct this LFGM campaign along with new deposit/wd channels directly to Astar EVM, we might see a very high traffic of users as like almost all on-chain users are comfortable with EVM Ux.

Doesn’t mean I dislike Substrate Ux, but at this very moment capturing users is our highest priority, Astar might be the first gateway of users experiencing Soneium so last thing that I want to to hear are users complaining they are having difficulties to bridge between Astar native <> Astar Evm.

This is such an exciting evolution for ASTR and the Astar community! The movement to Soneium, along with this strong Emphasis on Leveraging ASTR’s Utility Across Multiple Chains, really shows commitment to making ASTR a powerhouse in the ecosystem.

Many different use cases have been made if it were a DeFi asset, core ecosystem token, or security booster that set the stage very well for ASTR to be versatile and truly indispensable. This will be such a great campaign for them to push, both with web3 enthusiasts and newer folk alike! Can’t wait for this new chapter to take shape and be able to participate in some of the initiatives such as the DAO Collective. Time to go mainstream together!

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Fantastic, we are deploying Battledogs Arena on Soneium. Would be great to intgrate ASTR as our gaming token with a great emphasis on the burning mechanism designed into Battledogs. This will be good for ASTR and the community, no? Would be great to have the team and community backing in getting gameplay with ASTR started. Can share how the game economy works to strengthen ASTR token

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This is a great proposal. Neemo will support it as much as possible. Together, let’s make ASTR one of the key ecosystem assets on Soneium.

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Thanks for your support! Looking forward learning more about Battledogs! Feel free to share more details through DM so I can check and share our upcoming LFGM campaign.

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:fire:
LFGM! Looking forward!

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Sure. Here is our pitch deck, would be great to use ASTR as our gameplay token A when Soneium launches. Especially with the community bonding closer together playing the game on soneium mainnet. The goal is to provide a Universal Basic Income for all players who engage our smart contract using our Dual Token Drive Engine model whilst ensuring we are providing more value via distribution and burns to our gameplay token of choice which would be ASTR. Our target market is Africa. Our target demography are youths within the ages of 18 - 27.
Here’s our pitch deck: Battledogs_Arena_Pitch_Deck - Google Slides

i can share more with you. i’m sure great things will come from including us in this campaign.

This will definitely change the paradigm of ASTR, the utility of the token will increase considerably, ASTR has many virtues and you have described each of them.

Anxious for DAO, there are projects in dApps Staking that do not bring value to the chain, but for their own benefit, while other builders focus on designing a single product, (that brings real value), that benefits both Soneium and Astar.

Looking forward to further updates on this great forum.

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ASTR as asset on Soneium is something our community really wants since day 1, but some still have doubts and concerns. Maybe we should spread more news toward Astar twitter and other social media to reach more and more people.

Update week 41:

LFGM Campaign:

More and more projects are finding their way to join the Astar Foundation campaign! Get ready to join our Astar Network campaign and check all projects building on the Soneium ‘Minato’ Testnet that will use the $ASTR token on the Soneium mainnet. It’s also a great opportunity to showcase Astar Network’s unique features and projects to the Soneium community.

Sneakpeek:

Use Case Update

ASTR in Enhancing Soneium Infrastructure Security
This week we have been talking with AltLayer to explore their MACH feature to bring fast finality on Soneium but using ASTR as part of the security layer. More information about MACH, click here.

How does MACH Benefit ASTR?

As MACH requires economic security, this could come from a variety of assets such as restaked ETH. But, most importantly, EigenLayer recently enabled permissionless strategy and quorum for all AVSs. This means that Soneium MACH can leverage ASTR token for economic security alongside restaked ETH.

Cleansing the dApp Staking Platform

Thanks a lot to everyone who replied to this thread and also committed to this cleansing. Mid upcoming week, I will propose from Astar Foundation how we see the future of the DAO collective and what the processes would look like.

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Thank you very much for the update, especially the sneak peek of the LFGM Campaign. The overall UI looks good and very user-friendly. I have a small question: for each project, can we directly link to the original source of that project, such as its website or Twitter? =)

Thanks for the great update.

MACH sounds very interesting. While it’s still in the conceptual stage, I have a question.
Is it technically possible to utilize the tokens I’m staking in dApp Staking on Astar Substrate in the form of restaking?

Technically that would be possible. This means you should utilize dApp Staking through our LST projects. We do have some available:

  • Bifrost
  • Algem
  • Neemo Finance

They issue ASTR LST assets.
From my understanding all 3 are also exploring Soneium, might be good to check out their roadmap towards the integration of Astar LST and how to earn extra yield including dApp Staking.

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Thanks for the update and the early look at the LFGM Campaign.

The UI looks very user-friendly and well designed.