Blockchain Astar Network has implemented changes in its tokenomic to reduce inflationary pressures in its ecosystem.
On April 18, Astar Network announced that it reduced the basic rewards of the blockchain to 10% by 25% to limit the inflation of tokens.
The company said that the change promotes a more stable annual percentage rate (APR) for users as thumbs closer to a more ideal ratio. The firm said it guarantees that the awards “remain significant” without causing excessive inflation.
“This change reduces automatic tokens, reducing global inflationary pressure while maintaining strong incentives so that users can put their AST,” wrote Astar Network.
The ASTAR network implements inflation control mechanisms
Unlike Bitcoin, which has a fixed total power supply, the ASTH token works under a dynamic inflation model without ceiling on its maximum token diet. As the blockchain works, it emits more tokens, increasing the offer.
Having no fixed power supply can often create downward pressure on the value of the token over time. This is particularly true if the token request does not follow. To remedy this, Astar introduces several new inflation control mechanisms.
In addition to the drop in ignition rewards, Astar also started to ride the tokens emissions in a parameter that governs the rewards based on total locked value (TVL) as the implementation of decentralized application. This means that the DAPPLAs will become “more predictable” over time, providing stability to stakers.
Astar has also introduced a new minimum threshold for 2.5% tokens emissions to ensure that it does not exceed a sustainable reference base. With a continuous burn of transaction costs, Astar said it would also contribute to the predictability of the award.
According to Astar, changes have already reduced its annual inflation rate by 4.86% to 4.32%. He also lowered his total asth token issued by block from 153.95 to 136.67 tokens. This reduces the estimated annual emissions of the 11%token, from 405 million to 360 million.
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The Astar token reaches a record level on April 7
Astar Network’s efforts to brake the inflation of tokens came while his native token recently reached a historic hollow. Coingecko data show that on April 7, the Asth token dropped to a new hollow of $ 0.02. The price is 93.8% lower than its peak three years ago, when it reached $ 0.42 on January 17, 2022.
In December 2024, the token joined the rest of the market, reaching a summit of $ 0.09. Since then, the Crypto Asset had continued to lower before hitting the new lower of all time.
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