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