# Liquid Staking on Astar Network with dApp staking

**URL:** <https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271>\
**Category:** Uncategorized\
**Created:** [May 3, 2022, 2:04pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271 "2022-05-03T14:04:28Z")\
**Posts on this page:** 11\
**Page:** 1

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**Author:** ![sota](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/sota/32/1610_2.png) [@sota](https://forum.astar.network/u/sota)\
**Post date:** [May 3, 2022, 2:04pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/1 "2022-05-03T14:04:28Z")

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Hello everyone. This is Sota from Astar team. One of the ideas which I am personally excited about and not built yet on Astar is a liquid staking solution like Lido.

The idea is to issue sASTR (stakedASTR or maybe LASTR?) when people stake on dApps through the platform we build.

 ![Screenshot 2022-05-03 at 9.56.57 PM](https://us1.discourse-cdn.com/flex020/uploads/plasmnet/original/2X/2/27f84a82d307e54c65fd7b3a6ef972f327b519c2.png)

Then, the platform stakes ASTR on dApps through dApp staking. The core team is going to decide which dApp they will lock ASTR. In the future, it might be interesting to issue a governance token and the governance decides which dApp to lock. Since stakers can get staking rewards through the dApp staking, the platform can distribute the reward to users. It may also be an interesting idea to take a management fee here.

**Some challenges**

- make a smart contract to issue sASTR
- The dev can make the contract with Solidity but this contract needs to be deployed on Astar EVM. Since dApp staking is only supported by the Polkadot.js accounts at this moment, we need to connect the Polkadot.js address with Metamask address. This can be possible by using Astar Pass.

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**Author:** ![tomasz-waszczyk](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/tomasz-waszczyk/32/28_2.png) [@tomasz-waszczyk](https://forum.astar.network/u/tomasz-waszczyk)\
**Post date:** [May 3, 2022, 2:24pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/2 "2022-05-03T14:24:40Z")

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How do you see the liquid staking in the context of mid term WASM smart contracts?

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**Author:** ![bumerang](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/bumerang/32/333_2.png) [@bumerang](https://forum.astar.network/u/bumerang)\
**Post date:** [May 3, 2022, 2:32pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/3 "2022-05-03T14:32:52Z")

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Very good idea 👍 It is very important to come up with a model of governance tokens, the correct distribution, functions, incentives for voting, etc.

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**Author:** ![sota](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/sota/32/1610_2.png) [@sota](https://forum.astar.network/u/sota)\
**Post date:** [May 3, 2022, 3:12pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/4 "2022-05-03T15:12:44Z")

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The wasm pallet contract needs to be supported and it takes months. We can make this this month on our EVM.

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**Author:** ![Maarten](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/maarten/32/4735_2.png) [@Maarten](https://forum.astar.network/u/Maarten)\
**Post date:** [May 3, 2022, 3:39pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/5 "2022-05-03T15:39:11Z")

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If you are interested in building, check out this bounty:

> <https://github.com/AstarNetwork/AstarBounties/issues/4>
>
> \## Liquid Staking Solution for dApps Staking
> \*\*Difficulty: low\*\*
> 
> \### Descrip…tion
> Build a UI and smart contracts that allow the users to stake ASTR to earn dApp staking rewards while receiving Liquid ASTR to maintain full control of their staked tokens and use the value across Astar DeFi applications.
> 
> \### Acceptance Criteria
> \- The solution is deployed on the Shibuya network.
> \- Create a staking UI where users can stake their ASTR tokens.
> \- Use AstarBase to connect staking with dApp staking
> \- Issue derivative token for the staked amount.
> 
> \### Reward tiers
> 1st place: $5,000
> 2nd place:$2,000
> 
> \## Rules
> 1. Submissions are open until June 3rd at 12 CET.
> 2. You can submit your solution by opening a PR in this repo. Please include a readme file with the following:
> - Project title
> - Project description (minimum 150 words)
> - Contact information (Telegram handle or email)
> - Name of bounty you participated
> - Provide a way to access the project for judging and testing by including all links
> - Must have an open-source license
> - A video explaining your submission
> 3. All Submission materials must be in English
> 4. Bounty is paid in USDC on Astar network
> 
> The winners will be selected and notified in June.
> 
> Don't forget to submit your solution also via DoraHacks. This will allow you to participate in the distribution of the \*\*$150,000\*\* prize pool provided by the Polkadot treasury.
> 
> \## Resources
> \- Official documentation: \[Here\](https://docs.astar.network/)
> \- Network details: \[Here\](https://docs.astar.network/integration/network-details)
> \- All about dApp staking: \[Here\](https://docs.astar.network/dapp-staking/introduction)
> \- Example of AsterBase: \[Here\](https://docs.astar.network/dapp-staking/for-developers/astarbase)
> \- Using precompiles: \[Here\](https://docs.astar.network/dapp-staking/for-developers/precompiles)
> \- Developer hack support: \[Join here\](https://t.me/AstarHack)
> 
> Happy hacking!

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**Author:** ![souleater](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/souleater/32/210_2.png) [@souleater](https://forum.astar.network/u/souleater)\
**Post date:** [May 3, 2022, 11:28pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/6 "2022-05-03T23:28:39Z")

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Hi Sota, it’s a great idea here. But How about astr that were locked for crowdloan (+ eth lockdroppers)?

Since we can stake our lock fund on our dapp stake. I fear that this s-Astr will ruined the whole ASTR tokenomic itself.

But if locked vested fund can not be transferred into s-Astr, obviously I support the idea

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**Author:** ![sota](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/sota/32/1610_2.png) [@sota](https://forum.astar.network/u/sota)\
**Post date:** [May 4, 2022, 3:11am UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/7 "2022-05-04T03:11:39Z")

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sASTR is only for the circulating ASTR tokens. It is not possible to support lockdrop tokens and I don’t have a reason to support the locked ASTR tokens.

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**Author:** ![WANGFROG](https://avatars.discourse-cdn.com/v4/letter/w/97f17d/32.png) [@WANGFROG](https://forum.astar.network/u/WANGFROG)\
**Post date:** [May 4, 2022, 6:24am UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/8 "2022-05-04T06:24:22Z")

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Liquiding staking been part of astar dapp staking ,it will rich ASTAR dapp staing ECO better

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**Author:** ![Nishith](https://avatars.discourse-cdn.com/v4/letter/n/b2d939/32.png) [@Nishith](https://forum.astar.network/u/Nishith)\
**Post date:** [July 25, 2022, 11:42am UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/9 "2022-07-25T11:42:43Z")

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Rather than creating new governance token & adding one more token lets give that utility to “Astar” itself just like Polygon gives single “MATIC” token every utility. Astar holders can in future decide which Dapp to support.

Plus could you ensure 30% of reward is perfomance based so that lazy builders dont get incentives for free.

So 30% rewards of dApps are only to be released after lets say periodic review of 3months where if progress is seen, promises achieved then only they get reward otherwise if there are faults, lies, bad builders then all rewards to be distributed among Asrtr stakers & not builder dApps.

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<div class="post-metadata">

**Author:** ![sota](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/sota/32/1610_2.png) [@sota](https://forum.astar.network/u/sota)\
**Post date:** [July 25, 2022, 1:32pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/10 "2022-07-25T13:32:01Z")

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This is valuable feedback but this topic is out of the scope for this thread. It would be great if you make another thread.

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**Author:** ![Maarten](https://sea2.discourse-cdn.com/flex020/user_avatar/forum.astar.network/maarten/32/4735_2.png) [@Maarten](https://forum.astar.network/u/Maarten)\
**Post date:** [July 26, 2022, 6:05pm UTC](https://forum.astar.network/t/liquid-staking-on-astar-network-with-dapp-staking/3271/11 "2022-07-26T18:05:15Z")

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