Hi @wurontea
First of all, thank you for joining the discussion—it’s great to see OG members sharing their opinions. You don’t need to apologize; we truly appreciate you contributing to the debate.
We seem to have different perspectives on this matter, particularly regarding the flywheel effect that Jay mentioned.
The main objective of this campaign is to attract new investors from the Ethereum ecosystem to join Soneium and purchase ASTR tokens. The targeted users primarily hold Ethereum-based assets or stablecoins, and getting them to participate and commit their assets will generate two key benefits:
- Growth in TVL and Campaign Visibility:
- As Soneium’s TVL grows, it will attract more attention to the ecosystem.
- Increased attention leads to greater awareness of the campaign, which brings in more users.
- The campaign will highlight ASTR as a privileged asset with higher multipliers and APR, encouraging participants to buy ASTR tokens to maximize their points.
- This could result in a positive impact on ASTR’s price (
).
- Improved ASTR Liquidity Depth:
- With other assets flowing into Soneium and linking to ASTR, liquidity depth for ASTR pairs on AMMs and DEXs will improve.
- This will make it easier to swap ASTR tokens with reduced slippage when trading against ETH, USDC, USDT, or other tokens.
If the campaign only rewards ASTR use cases on Soneium and excludes other tokens, the likely outcome is that only existing ASTR holders will participate. While this would benefit current holders, it wouldn’t attract new investors or buying power from Ethereum users. Without fresh capital entering the ecosystem, there wouldn’t be any meaningful impact on the ASTR price or ecosystem growth.
Having a higher multiplier for ASTR tokens compared to other assets strikes a fair balance. It rewards and incentivizes existing ASTR holders while still making the campaign attractive to Ethereum users, creating the flywheel effect we’re aiming for.