Astar Network (ASTR) is an interoperable blockchain platform that acts as a hub for the development of decentralized applications (dApps) within the Polkadot and Ethereum ecosystems.
Supports smart contracts on both the Ethereum Virtual Machine (EVM) and WebAssembly (WASM), facilitating the creation and migration of dApps from other chains.
Key Features:
Multichain Interoperability: Astar enables communication between different blockchains, facilitating the transfer of data and assets between them.
Support for EVM and WASM: The platform supports smart contracts in both environments, offering flexibility to developers to build in the environment they prefer.
dApp Staking: Astar introduces a staking system for dApps, where developers can receive rewards based on user participation, incentivizing the creation of quality applications.
Utilities:
ASTR Token: The native token of Astar is used to pay transaction fees, participate in network governance, and perform staking in dApps, providing incentives to both developers and users.
Decentralized Governance: ASTR holders can participate in key decisions regarding the development and updates of the platform, promoting an active and engaged community.
Technical Document:
Astar Network has a whitepaper titled:
- "Astar Network: The dApp Hub for Blockchains of the Future"
Annual Price Evolution of Astar (ASTR):
This is a list with the approximate price of ASTR at the end of each year since its launch:
2022: $0.07
2023: $0.05
2024: $0.07 (as of December 15)
* Astar Network positions itself as a versatile and scalable solution for the development of decentralized applications, offering interoperability and support for multiple smart contract environments *
