Comet Swap - dApp Staking Proposal

Governance dApp Staking Applications
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Hi Astar Community and @Community_Council

We are submitting this proposal for Comet Swap to be listed on Astar dApp Staking.

Below you’ll find a full overview of the product, its alignment with ASTR, current mainnet traction, and how dApp Staking rewards will be utilized to support long-term development and maintenance.

We welcome feedback and are happy to answer any questions.

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TL;DR

  • Comet Swap is an Astar-native CLMM DEX built on Astar EVM, delivering a liquidity-efficient, smooth and reliable trading experience, while introducing an ASTR-anchored Giveback Loop designed to route real protocol value back to Astar ecosystem and ASTR holders.

  • Comet Swap is Live on Astar Mainnet:

    https://www.cometswap.app

    We invite the community to trade, provide liquidity, and share feedback as we continue to iterate publicly.

  • We are applying for Astar dApp Staking so Comet Swap can be officially listed and the Giveback Loop (Boost) can be activated as part of the long-term ecosystem alignment.

Product Overview

What is Comet Swap?

Comet Swap is a Concentrated Liquidity Market Maker (CLMM) DEX built natively for the Astar EVM ecosystem. It enables users to swap and provide liquidity, with a strong emphasis on liquidity efficiency and execution quality.

Build in Public

The first version of Comet Swap is intentionally focused and minimal. At launch, core functionality may look familiar to users who have used Uniswap-style CLMM DEXs—and that is by design.

Rather than launching with an over-complicated feature set, we believe it is more beneficial to:

  • Launch early
  • Validate core trading flows and execution quality
  • Iterate in public based on real user feedback

Importantly, launch is not the end—not on testnet, and not on mainnet. Comet Swap is built with the expectation that meaningful improvements will come from continuous iteration once users begin using the product.

We are committed to building in public as an ongoing practice. We will actively collect feedback, discuss improvements with the community, and release iterative updates over time. This will cover areas like UX refinement, liquidity tools, performance, and new features. As part of this process, we plan to maintain a regular cadence (e.g., monthly) to review community proposals and decide what improvements can be prioritized and added to the development roadmap.

We warmly invite everyone to try Comet Swap, share suggestions, and report issues—every piece of feedback helps us improve.

Thank you for your support, attention, and honest feedback—we’ll keep building together as the Astar ecosystem grows.

Liquidity-efficient CLMM

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At the core of Comet Swap’s CLMM design is a hybrid of Uniswap v3 and Uniswap v2, along with a custom router that optimizes execution and liquidity access by routing swaps across both v3 and v2 pools.

Comet Swap aims to improve liquidity efficiency and enhance tradable depth at key price ranges, providing better execution for traders. Our goal is simple: deliver a smooth, intuitive, and reliable DEX experience that supports the everyday trading needs of Astar users and fills the gap for a dependable CLMM DEX on Astar.

ASTR-anchored Giveback Loop

Comet Swap is built to be ASTR-anchored, with Comet Giveback Loop designed to route value back to the Astar ecosystem and ASTR holders.

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Protocol usage → protocol profit → ASTR buyback → Boost distributed to ASTR stakers

  • 100% of protocol profit will be used for periodic ASTR buybacks
  • 100% of bought-back ASTR will be distributed to ASTR stakers as Boost

Users who stake ASTR via Comet Swap can receive Astar dApp Staking staker rewards, and Boost funded by real protocol usage—so that value generated at the protocol level can be routed back to Astar ecosystem and ASTR holders.

Building a DEX the Ecosystem Can Rally Around

Instead of issuing new tokens or running points-based emissions that extract value from the ecosystem, Comet Swap keeps ASTR as the anchor, and is designed to route DeFi-generated value back to Astar in the form of ASTR.

  • ASTR stays the anchor, and the Giveback Loop is usage-backed. No new token emission or points program designed to manufacture numbers—value is driven by real protocol usage and actual protocol profit.
  • Value is routed back to ASTR stakers, reinforcing the staking economy and strengthening the ecosystem’s core asset as usage scales.
  • Boost is not engineered to “hit a guaranteed APR.” It is expected to scale with real usage. Especially in the early phase, Boost is designed to be a usage-backed add-on on top of baseline Astar dApp Staking rewards, rather than an artificially inflated incentive.
  • Our focus is not to create a short-term “farm-and-dump” venue, but to provide reliable trading infrastructure that ASTR holders can actually use day to day.

Comet Swap is meant to be something the ecosystem can rally around: a DEX that is genuinely useful in daily usage, with economics explicitly aligned with ASTR over the long run—and refined continuously with the community as it grows.

Mainnet Traction (First Week)

Comet Swap is live on Astar Mainnet for one week. In its first phase of live operation:

  • All-time volume: ~$70K+
  • Total Value Locked (TVL): ~$166K+
  • Hundreds of swaps executed

Comet Swap has also been officially listed on DefiLlama (https://defillama.com/protocol/comet-swap), with additional third-party data platform integrations currently in progress.

While still in the early stage, the protocol is facilitating real trading activity and liquidity provision. These early signals reflect initial market validation, as we continue to refine execution quality and liquidity depth over time.

Security

The audit report is publicly available: Audit | CometSwap Docs

dApp Staking Reward Usage

Comet Swap is designed for long-term growth and open, continuous maintenance. Rather than funding operations by extracting from protocol fees, Comet Swap plans to sustain development through Astar dApp Staking rewards.

dApp Staking rewards will support:

  • Core engineering & long-term maintenance (protocol improvements, upgrades, and ongoing support)
  • Performance & UX iteration (faster flows, LP/staking UX, reduced friction)
  • Ecosystem integrations (wallets, portals, entry points, and composability with other Astar projects)
  • Security monitoring & infrastructure upkeep (monitoring, incident readiness, operational reliability)

Team

Comet Swap is built by a team with experience across DeFi, tech, and art, with joint effort and support from the Astar Foundation.

Our shared focus is to build ecosystem-aligned, collective-first DeFi infrastructure that prioritizes sustainability, reliability, and long-term value creation for Astar—rather than short-lived incentive cycles.

The team consists of 11 people who are also hard workers, cat lovers, ASTR holders, and Astar believers.

Roadmap

  • Shibuya testnet — completed (January 24th, 2026)

    Community testing and feedback phase successfully conducted.

  • Astar EVM Mainnet — Live

    • Core swap functionality and CLMM liquidity are live.
    • Ongoing iteration on UX, liquidity tooling, and performance optimization.

  • Comet Giveback Loop (Boost) — Upcoming Activation

    • Activate the protocol profit → ASTR buyback → Boost distribution loop.
    • Fine-tune buyback cadence based on real usage data and protocol performance.

  • Ecosystem integrations (in progress)

    • Integration with Astar ecosystem entry points such as Astar Portal and other user-facing interfaces to streamline user access.
    • Continued composability improvements with other Astar-related protocols.

Links

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Thank you for the proposal!

I am in favor of the Comet Swap listing itself. However, with the transition to the new Tokenomics and dApp Staking model, the listing criteria will inevitably change. Therefore, I believe it is necessary to clearly define those criteria.

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A thread has just been created regarding this matter.

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Hi @MaxX

Great to see Comet Swap applying for dApp Staking.

Your product is exactly the type of dApp we want to support, a real product with ASTR at the core of its design, not another DeFi fork using a native token to boost APR and dump on users.

I’m supportive of this application. Also looking forward to use the ASTR giveback loop product launch, this aligns with our direction of shipping products that bring value back to the ASTR token.

To confirm: are you applying for dApp Staking listing via Community Council directly or through public referendum?

Gaius_sama :astr:

Astar Foundation & Community Council

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I’m really glad to see Comet swap alive on Astar :slight_smile:
Nice UI, simple and efficient. Glad to see also the roadmap and the next goals the team is planning to add to Comet.
I fully suppor the proposal :handshake:

One thing I was thinking about is the NFT implementation. Some DEXes has the NFT booster feature (like + 0.10 % APR for every staked NFT) , I’m wondering if it will be possible to use Yoki NFTs for this feature. With all recent interest to revive Yoki and my plans to develop further the idea i believe it might be a nice + for CometSwap as well.
It’s not a request to add them but an idea we can develop in later stages :glowing_star:

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Thank you for your support of the Comet Swap listing - we truly appreciate it. @you425

We understand and respect the rationale behind strengthening the dApp Staking criteria as the program transitions to a 16-slot model. With fewer positions available, it’s reasonable to raise the bar and ensure meaningful ecosystem contribution.

From our perspective, Comet Swap aligns closely with the spirit of the proposed framework. We are a live and operational protocol on Astar EVM, with verifiable onchain activity, and our design is fundamentally ASTR-anchored. The Giveback Loop will route 100% of protocol profit into ASTR buybacks and Boost for ASTR stakers, explicitly aiming to route value back to Astar and strengthen its core asset.
The only area where we may not yet fully satisfy the proposed criteria is 3.2 (Minimum Operational History), as we have only recently launched on mainnet. However, as the new thresholds are still under discussion and not yet in effect, we believe our application should be evaluated under the current listing standards.

That said, we are fully committed to meeting any finalized dApp Staking requirements going forward. We will continue to build in public, maintain transparency, engage with the Astar Collective, and adhere to the expected behavioral and governance standards.

We welcome continued discussion and feedback, and we’re happy to provide any additional metrics or clarification if helpful.

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Thank you very much for the kind words and support! @Gaius_sama

We’re applying for the dApp Staking listing via the Community Council route.

and - If our understanding is correct based on the documentation(Astar dApp Staking Application Guide | Welcome to Astar), we’ll also need to provide both an Astar native address and the Astar EVM contract address as part of the registration process. We will share them as soon as possible.

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Thank you so much for the kind comment, we are glad you like it! @VasaKing

As for the NFT integration, that’s a very interesting and meaningful idea. NFT-based boosters, especially if aligned with something like Yoki, could be an interesting way to deepen ecosystem connection.

We’ll explore this possibility in future iterations and evaluate how it could be implemented in a way that remains aligned with our ASTR-anchored and usage-backed design.

Thanks again for the thoughtful suggestion and suppport!

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Hello Team,
I had missed this thread. Through testing on the demo site, reviewing the UI translations, and creating content, I’ve already gained a solid understanding of your solution. I’m fully supportive and welcome the listing on dApp Staking. You may already be considering various approaches to securing liquidity in the current market environment. I’m more than happy to cooperate, so let’s continue working together to strengthen the ecosystem.

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Hi @MaxX! I’m happy to see Comet Swap’s application to Astar dApp Staking.

As mentioned in this thread, the new dApp Staking model also aims to strengthen the value that listed projects provide to the Astar Collective, which is something the Astar Community Council has also been working on.

From my perspective, Comet Swap aligns perfectly with that vision.

For your information, the @Community_Council is already reviewing your application, and we will provide you with a formal response with the next steps as soon as possible.

Thank you for your contributions! :astr:

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I believe listing Comet Swap in Astar’s dApp Staking is the kind of move the ecosystem needs right now.

A new DEX isn’t just “another protocol”, it’s infrastructure. If we want to boost DeFi activity on Astar, we need more liquidity venues, more swap routes, and more reasons for users to hold and use ASTR on-chain.

Comet Swap can help strengthen ASTR’s position as the central asset of the ecosystem , pairing against stables, key tokens, and serving as the base liquidity layer. The more trading, LP activity, and on-chain volume we generate around ASTR, the healthier the token economy becomes.

dApp Staking should support builders who are expanding real DeFi rails. A strong DEX means better capital efficiency, deeper liquidity, and more composability for future protocols.

If we want Astar DeFi to grow, supporting core infrastructure like Comet Swap feels like a logical and strategic step forward.

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I see Comet Swap as an important financial piece in this new stage that is developing in Astar, and therefore it must have support so that it can perform its work much better, and dApp Staking is a good start.

Being an entry point to liquidity gives it an important role centered on the principles of Astar Stack. We need to harmonize with these types of secure developments to ensure Astar’s good performance.

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Hello @MaxX & CometSwap team!

Following the completion of the minimum discussion period on the forum and the subsequent internal review, the Astar Community Council (ACC) has finalized its evaluation of your dApp Staking application.

After internal discussion, the ACC has approved proceeding with your project’s listing in the dApp Staking program.

We are now ready to move to the on-chain registration phase.

:magnifying_glass_tilted_right: Required Information

To proceed with the official on-chain motion, please provide the following required details:

  1. The WASM address of the contract owner (:warning: mandatory – must be a WASM address)
  2. The EVM or WASM address of the smart contract

For reference, you can consult the official documentation here:
:backhand_index_pointing_right: Astar Docs – Register a dApp: Astar dApp Staking Application Guide | Welcome to Astar

Next Steps

Once the requested information is received, an ACC member will submit the official on-chain motion on Astar Governance (Subsquare).

The motion will require the necessary on-chain approval from the Community Council to pass.

Upon approval of the motion, your dApp will be officially whitelisted and will be able to complete the registration process on the Astar Portal under dApp Staking.

We look forward to moving ahead with the process.

For reference, you can follow this guide to register your dApp:
:backhand_index_pointing_right:t3: Register a dApp in Astar Portal

— Astar Community Council | @Community_Council

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Thank you for the review and approval - we truly appreciate it. @Community_Council

Here are the requested details sir @SimonB :

Astar Native Address:
X835fghpvi6eqwL97AAaQ1hZ48i2RDwdo324qMoTNtiA6gh

Astar EVM Contract Address:
0x5c442b00265Aa8Ae26A7EDb1C39657EC43b73fA7
（For reference, this is our Universal Router contract address, which emits all primary on-chain transactions for the protocol. As such, it serves as the most representative contract address for Comet Swap.）

Please let us know if any additional information is required!

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Hello @MaxX & CometSwap team,

We are pleased to inform you that the on-chain motion for your inclusion in the dApp Staking program has been successfully approved and executed.

You can find the executed motion here:

Comet Swap is now officially part of the Astar dApp Staking program.

You are now able to complete the registration process on the Astar Portal under dApp Staking.

For reference, you can follow this guide to register your dApp:
:backhand_index_pointing_right:t3: Register a dApp in Astar Portal Astar dApp Staking Application Guide | Welcome to Astar

We look forward to moving ahead with the process.

— Astar Community Council | @Community_Council

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