Community Discussion on Utilizing the Unclaimed Rewards from Old dApp Staking Wallet

General
12

Hi there,
As mentioned in the ACS campaign discussion, the 20 million ASTR tokens from the unclaimed rewards could be a great way to support the ACS campaign. I’d like to share two simple suggestions for how we can use them effectively.

Suggestions for the 20M ASTR Tokens

  1. Add Them to the ACS Campaign: Using these tokens in the ACS campaign would reduce the treasury’s contribution from 100 million to 80 million. This makes good use of existing resources and shows responsible management.
  2. Burn Them to Reduce Supply: Burning these tokens would lower the total supply, increasing scarcity and generating positive attention for ASTR. A burn event could also be a strong way to promote the ecosystem and attract new users.

Why This Matters

Many ASTR holders are hoping for an increase in token value, but this won’t come from current holders alone. Most of the tokens are on exchanges or tied up in staking. To grow, we need to bring in new users and encourage more on-chain activity. Using these 20 million tokens wisely can help achieve that.

These tokens align perfectly with the ACS campaign’s goals of attracting new users and encouraging existing holders to participate on-chain. Whether we integrate or burn them, they can make a big impact with minimal effort.

I’m looking forward to hearing other thoughts.

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