Proposal to Delist Algem from dApp Staking

Governance
1

Submitted by: Astar Community Council Member Mouthmouth68
Date: 2025/11/19

Summary

This post serves as an official proposal from the Astar Community Council to delist Algem the Astar Network dApp Staking Portal. The proposal outlines the rationale behind the suggested delisting and invites the community to review and provide feedback in accordance with governance procedures.

The primary reason for this proposal is due to Algem depreciation annoucment.

Project Information

  • Project: Algem

  • dApp Category: DeFi - Liquid staking and liquid farming on Astar & Soneium

  • dApp Staking Tier: N/A

  • Month Listed: 2022

  • Website : https://www.algem.io/

  • Discord: Algem

  • X: https://x.com/Algem_io

  • Github :

  • Listing Proposal: N/A

  • Contract Address: 0x70d264472327b67898c919809a9dc4759b6c0f27

:cross_mark: Reason for Delisting Proposal

The Astar Community Council recommends the delisting of Algem for the following reasons:

  • Inactivity: The project has announced that it will be deprecated due to financial unsustainability. Please note that although the user interface will remain available until December 31, 2026, deposits and staking have already been disabled.

:bar_chart: Supporting Evidence

  • The project have annouced the deprecation of their activity on their blog

:loudspeaker: Community Engagement & Feedback

The Council encourages all community members and stakeholders to provide their input on this proposal within the next 7 days. Feedback can be submitted as a comment in this post thread.

:white_check_mark: Next Steps

  1. Open community discussion and feedback period for 7 days.

  2. Formal onchain vote

  3. Enactment of delisting if approved.

  4. Notification to Algem (on forum) and final removal from the dApp staking list.

For questions, concerns, feedback, and/ or counter-proposals, please reach out via here in the comments section on Astar.

:monkey_face: Mouthmouth68

Astar Community Council
@Community_Council
@igporoshin

3 Likes
2

Since Algem, one of Astar’s OG projects, has ended its operations, I support delisting it.
It’s unfortunate — I personally used Algem in the early days and even held their NFTs — but it can’t be helped.
If a project can’t generate sustainable revenue, it’s difficult to keep it going.

3

It’s sad that Algem is ending their operations, but it’s understandable if the project is no longer financially viable. Right to the end, their communication was clear and respectful of the community. I thank them for that and I hope to see this great team build other projects on Astar or Soneium.

4

Same here. I’m sad to hear Algem is not operational anymore but it was a really nice part of Astar journey. As the dApp is going to terminate all functionalities I believe the delisting is the right decision.

5

Yeah it’s really unfortunate, but it happens. Supporting the delisting.

6

I agree with the proposal to delist Algem from dApp Staking,
though I feel sad because it was once a great project that contributed positively to the ecosystem.

7

It’s unbelievable, Algem was one of the most established projects in our ecosystem. But the result of inactivity is clear. I sadly bid them farewell.

8

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