Proposal Listing SoneVibe Staking dApp on Astar dApps Staking – Boosting ASTR Ecosystem through Deflationary Rewards and Liquidity

Governance Community Council
1

Proposal Listing SoneVibe Staking dApp on Astar dApps Staking – Boosting ASTR Ecosystem through Deflationary Rewards and Liquidity.

Project Overview:
SoneVibe

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Contract:0xbeE14ad0949eBB63b90E04b8fD0a78AF2F0f3354

is the flagship memecoin of the Soneium blockchain, an Ethereum Layer-2 network built on Astar’s technology for scalability and low fees. The SoneVibe Staking dApp allows users to stake $VIBE (ERC-20 token) to earn ASTR rewards, with a 0.1% burn on claims and liquidity pools on QuickSwap (ASTR/VIBE) and (ETH/VIBE) on Uniswap. This creates sustainable value for the ASTR ecosystem by burning ASTR (deflation) and providing deep liquidity for ASTR trading on Soneium.

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Category: Utility/DeFi (staking tool with memecoin integration).

Live Product/MVP:

  • Staking contract deployed on Soneium mainnet: 0x9BBE2548D15e23D14f3E1a87BefA6Adc27BF2B98
  • Features: Stake $VIBE, earn ASTR rewards (changeable duration 1-365 days), withdrawal cooldown (0-30 days) with 1% early fee (0.25% burn to DEAD_ADDRESS).
  • Documentation: Available on X (@SoneVibe) and Telegram (https://t.me/SoneVibe), with code verified on Soneium Blockscout.
  • User Guide: Stake on portal, claim ASTR with 0.1% burn for deflation.

Self-Sufficiency:

  • Not reliant on staking rewards as primary revenue; the dApp promotes $VIBE memecoin growth through community raids, contests, and virality on Soneium (Sony-backed L2).
  • Additional funding from deployer holdings and potential partnerships with Astar/Soneium tools (e.g., SoneFi DEX integrations).

Contribution to Astar Ecosystem:

  • ASTR Burns: 0.1% of all ASTR claims burned forever, reducing circulating supply and benefiting ASTR holders (deflationary mechanism).
  • Liquidity on QuickSwap: ASTR/VIBE pools (~$180 initial liquidity, growing with volume) increase ASTR trading on Soneium, boosting transaction fees and ecosystem activity.
  • Cross-Chain Synergy: Soneium (built on Astar tech) users stake $VIBE for ASTR, driving ASTR demand and bridging Astar-Polkadot-Ethereum projects.
  • Metrics Potential: Aim for 4K holders, $5-10M MC in Month 1, TVL from staking, transaction volume from claims/burns on QuickSwap.

Transparency & Reporting:

  • Monthly reports on Astar Forum: Progress, roadmap (Q1 2026: NFT drops, perps integrations), metrics (TVL, burns, volume on QuickSwap).
  • Open code, verified on Blockscout; deployer wallet transparent.

No Financial Incentives to Stakers: Rewards are ASTR (not listed tokens back), compliant with guidelines.

Application Process: As per guidelines, this proposal is submitted for Community Council review. If approved, submit on-chain via Subsquare for referendum.

Why List SoneVibe?: Enhances ASTR utility on Soneium, promotes deflation and liquidity, aligning with Astar’s growth goals.

2

Hey Amil!

While the idea of linking SoneVibe staking with ASTR burns and liquidity pools is interesting, I’m curious about the real impact and sustainability for the Astar ecosystem. A 0.1% burn sounds good on paper, but how significant will that be in practice given current volumes? Also, since this is tied to a memecoin, how will you ensure it contributes long-term value rather than just short-term hype?

A couple of questions:

  1. How will the community be able to verify the actual ASTR burns and staking data will there be a transparent, on-chain dashboard or regular audit reports?

  2. What’s the concrete plan to drive ASTR utility and adoption on Soneium beyond token burns any integrations or partnerships that give ASTR real use cases there?

3

Thank you for the proposal.
To be honest, given the current situation, it would be difficult to approve this as things stand — the project’s substance appears too thin.

I can see that the token has been deployed and that a staking page exists. However, there is no other visible activity — neither the Telegram nor the X account shows any engagement. There are also no clear documents explaining what direction this project intends to take.

Additionally, I understand that users can currently earn ASTR by staking VIBE, but where does this yield come from?
Since I don’t see any identifiable business model, I assume the source of these rewards is dApp Staking itself. That would create a chicken-and-egg problem, making it very difficult to attract users in the first place.

To be listed for dApp Staking, a project needs to demonstrate a clear and tangible foundation as a legitimate project.

1 Like
4

Thank you for the proposal.
The recent abandonment of the HAHA Coin project only reinforces my view that token inflation should not be used to fund meme initiatives. There is no real building involved—only a speculative game where some win while others lose. I don’t see how a meme can truly contribute to the enrichment of an ecosystem, especially one like Astar, whose community does not share that kind of profile.

Once again, I appreciate the proposal, but staying true to my principles, I am completely opposed to it.

2 Likes