1.2M $ASTR To Be Distributed To Astridians For DOT Festival!
Transfer Your $DOT From Polkadot Relaychain to Astar Network and Earn More Rewards From AstridDAO and Astar!
Hello Astridians!
We are thrilled to announce that AstridDAO will join the DOT Festival hosted by Astar Network, which will take place from June 9th (1:00 PM UTC) to June 16th (1:00 PM UTC).
As part of the festival, 1.2M $ASTR (Astar Network’s native token) will be allocated to those who deposit $DOT on AstridDAO during the event!
Are you a fan of high yields?
How about a bonus of $ASTR for simply participating in the festival?
If you like how that sounds, be sure to…
- Mark your calendar for June 9th
- Transfer your DOT to Astar Network (tutorial below)
- Get ready to earn more rewards with AstridDAO!
- Get your AstarPass (You can’t receive rewards if you don’t do this!)
About the AstarPass
The AstarPass maps your native account to an EVM account and has a plethora of benefits as well (you can read more here!). You must use an account that holds an AstarPass since $ASTR rewards are distributed to native addresses only. If you have any trouble connecting your AstarPass you can find the details in the step-by-step tutorial here: https://docs.astar.network/dot-festival/participating-in-dot-festival/register-for-astarpass
About The DOT Festival
Astar Network is working with AstridDAO and other ecosystem projects to create a deep pool of DOT on Astar. By participating, you will receive both $ATID (AstridDAO’s native token) and $ASTR rewards if you stake in AstridDAO’s pool during the festival.
The more $DOT you deposit, the more $ASTR and $ATID you are eligible to earn.
It’s that simple.
Suppose you believe in the Web3 vision that we, along with Astar Network and our fellow ecosystem partners, are bringing to fruition with your support. In that case, this is an exceptional opportunity you won’t want to miss.
Get ready to earn and see you on the other side!
The AstridDAO Team
How To XCM Transfer DOT to an EVM Wallet on Astar
Astar created this tutorial to show you how to participate in DOT Festival!
Please note, that you must have a MetaMask wallet connected with Astar Network connected.
See here to find the network data to load into MetaMask. This tutorial should be followed after successfully transferring DOT to Polkadot.
How to Transfer DOT from a CEX to Astar
To use this tutorial you must have a Polkadot Native Wallet setup and ready to use. Please see our documentation on how to set up the Polkadot.JS wallet.
About AstridDAO
AstridDAO is a decentralized money market protocol and multi-collateral stablecoin built on Astar and the Polkadot ecosystem, allowing you to borrow $BAI, a stablecoin hard-pegged to USD against risk assets at 0% interest and minimum collateral ratio. This mechanism enables you to leverage the value in your risk assets, including $ASTR, $BTC, $ETH, and $DOT without selling them.
