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Astar proposed a modification to the tokenomics proposal, aiming to fix the maximum token supply.
Odaily News Astar has initiated a proposal related to tokenomics, planning to transform the ASTR token model from dynamic inflation to a model with a fixed max supply. The proposal aims to gradually reduce token emissions by introducing an emission decay function, significantly dropping network inflation, and plans to stabilize the maximum Annual Percentage Rate for DApp stake at 11-14% over the next two years in preparation for the next brand upgrade. In addition, the proposal suggests the establishment of Protocol-Owned Liquidity (POL) managed by the Astar Finance Committee (AFC), and to destroy 50% of the network transaction fees to enhance the long-term economic value and network independence of ASTR.