Binance added $ASTR to its Simple Earn Locked program here on July 11. This partnership marked significant exposure to those who are new to Astar before. As all ASTR gathered from users who are participating on Simple Earn. It will provide fund to be staked directly to Community Treasury on Astar dApp Staking.

As a reminder, one of Astar unique feature is Astar dApp Staking, with the previously launched Tokenomics 2.0 on Astar, current inflation is now dynamic between 2-3%, previously it was fixed to 10%. dApp Staking is the mechanism that all projects who build on Astar, infrastructure who support Astar, and Community Treasury are whitelisted and stakers could stake their ASTR with them on Astar portal. Block rewards then splitted between stakers and listed projects.

Now let's compare between Staking directly on Astar and staking on Binance via Simple Earn Program. Pick which one suited you.

Staking Directly on Astar Portal
Benefit :
- Potential airdrop if you staked on certain projects
- APY ~10%
- You can claim staking reward everyday
- If you withdraw your ASTR anytime you want and keep the reward

Simple Earn on Binance
Benefit :
- few clicks only within Simple Earn inteface
- Max APY ~19.9%
- Support instant unstake, no need to wait ~10 days to unstake.
- Avoiding phishing/scams risks.

#Astarnetwork #astar

In a bold move that signals a new era for both the entertainment industry and blockchain technology, Sony Group Corporation has unveiled Soneium, an innovative Ethereum layer 2 blockchain ecosystem developed by Sony Block Solutions Labs. This ambitious project aims to bridge the gap between Web3 and everyday internet services, making blockchain technology more accessible to the general public.
A Vision for the Future of Digital Interaction
Soneium isn't just another blockchain platform; it's a comprehensive ecosystem designed to "Fill the world with emotion, through the power of creativity and technology," as stated by Jun Watanabe, Chairman of Sony Block Solutions Labs. This ethos aligns perfectly with Sony's longstanding commitment to innovation and creativity across its diverse range of products and services.
At its core, Soneium seeks to create an open internet that transcends boundaries, both cultural and technological. The platform envisions a world where everyone can be a creator, regardless of their background or location. By leveraging blockchain technology, Soneium aims to overcome social, economic, and regional constraints, fostering an environment where ideas can flourish and innovation can thrive.
Technical Foundation and Ecosystem Development
Built on the Op Stack and planned to join Optimism's Superchain, Soneium is positioned as a versatile, general-purpose blockchain capable of serving diverse needs across multiple verticals. As an Ethereum layer 2 solution, it combines the security and decentralization of Ethereum with enhanced scalability and user-friendliness.
The development team is focusing on creating a robust, developer-friendly environment that will attract talented individuals and innovative projects. Soneium will offer a comprehensive suite of tools, extensive documentation, and dedicated support channels to ensure that developers of all skill levels can contribute to the ecosystem.
Bridging Web2 and Web3
One of Soneium's key strengths lies in its potential to connect traditional Web2 services with the decentralized world of Web3. This integration could lead to new and exciting applications that blend entertainment, gaming, finance, and other industries in ways previously unimagined.
Sota Watanabe, Director of Sony Block Solutions Labs, emphasizes the importance of this connection: "Through Soneium, we will make something people want and go mainstream beyond web3." This approach leverages Sony's strong distribution channels and existing user base across multiple industries, potentially accelerating the adoption of blockchain technology among everyday users.
Partnerships and Collaborations
Soneium's launch is supported by an impressive roster of partners from the blockchain and Web3 space. Notable collaborations include:
Astar Network: A strategic integration that aims to enhance the utility of the ASTR token within the Soneium ecosystem.Optimism: Providing the underlying technology stack and welcoming Soneium into the Superchain network.Chainlink: Offering oracle services to support Soneium's vision and expand its impact globally.Alchemy: Powering Soneium with Web3 infrastructure and developer tools.Circle Internet Financial: Enabling USDC transactions on the platform.The Graph: Supporting data indexing and querying for the Soneium ecosystem.
These partnerships demonstrate the industry's confidence in Soneium and its potential to drive mainstream adoption of blockchain technology.
The Road Ahead
As Soneium prepares for its testnet launch, the team is focused on creating a user-friendly environment that will appeal to both experienced blockchain enthusiasts and newcomers to the space. The platform aims to lower the barriers to entry for blockchain technology, making it more accessible and intuitive for everyday users.
In the coming weeks and months, Sony Block Solutions Labs plans to release detailed technical documentation, developer tools, and SDKs to support the growing Soneium ecosystem. The team is also exploring ways to leverage Sony Group's vast resources and user base to create unique use cases that demonstrate the power and potential of blockchain technology.
To Summarize
Soneium represents a significant step forward in the evolution of blockchain technology and its integration with mainstream entertainment and technology. By combining Sony's global reach and diverse business interests with the innovation of Web3, Soneium has the potential to redefine how we interact with digital content, manage digital assets, and engage with online communities.
As the project moves forward, all eyes will be on Sony Block Solutions Labs and their partners to see how this ambitious vision unfolds. If successful, Soneium could play a pivotal role in bringing blockchain technology to the masses, ushering in a new era of digital creativity and engagement.
For developers, creators, and enthusiasts interested in being part of this groundbreaking initiative, the Soneium community welcomes participation through its various platforms and upcoming testnet launch. As the project evolves, it promises to offer exciting opportunities for innovation and collaboration in the rapidly expanding world of Web3.

#Soneium #SonyBlockSolutions #Sony #Astarnetwork #astar