Astarter Tokenomics Upgrade

Astarter
Astarter
Published in
3 min readJul 19, 2024

Enhancing $AA Utility and Commitment

As Astarter continues to evolve and expand its reach within the ecosystem, we are pleased to announce a strategic upgrade to our tokenomics model for the $AA token. This upgrade aims to optimize our ecosystem’s growth, aligning with our long-term vision and the needs of our community and stakeholders.

$AA Token Utility

The $AA token remains central to the Astarter platform, serving as both a governance token and the native utility token that powers our project infrastructure. It facilitates user participation in key decisions and supports operations across our DeFi solutions, including ADEX, Money Market, and our unique merge-staking rewards system.

Tokenomics Update Overview

Token Supply and Initial Market Cap

  • Total Supply: 100,000,000
  • Initial Circulating Supply: 9,550,000
  • Initial Market Cap: USD 7,640,400

Token Sales

Private Sale

  • Price — $0.3
  • Fundraising — $3,900,000

Token Distribution & Vesting Schedule

Private Fundraising (13%):

  • Immediate 10% release upon exchange listing.
  • Followed by a 3-month cliff and subsequent 15-month linear vesting.
  • This structure ensures that our early supporters are aligned with our long-term goals.

ISPO Allocation (6%):

ISPO rewards are claimable and unlocked after TGE and thereafter per epoch

This encourages long-term commitment from our ISPO participants.

*Adjusted to enable for ISPO rewards to be claimed or distributed per epoch

Nodes & Community (16%):

  • To bolster our network’s strength and community engagement, 10% is available at listing, with a 15-month linear vesting period.

Liquidity (2%):

  • Fully unlocked to provide immediate operational fluidity at launch.

Ecosystem & Treasury (35%):

  • Ensures sustained growth and innovation, with 10% available at listing followed by 24 months of linear vesting.

Team & Advisors (18%):

  • With a 6-month cliff and 24 months of linear vesting, this allocation is designed to retain and motivate the team and advisors committed to Astarter’s success.

Development (5%):

  • Funding crucial ongoing development, vested over 24 months following a 6-month cliff.

Marketing (5%):

  • Critical for expanding our reach and influence, with an immediate 5% release at listing and then 5% monthly to support ongoing promotional activities.

The revised tokenomics reflect our strategy to enhance stability, encourage long-term holding, and reduce market volatility. By adjusting our vesting schedules and distribution, we align everyone’s interests from team members to community investors, fostering a healthier economic environment as Astarter grows.

Astarter: valued community, investors, partners and associates.

Stay tuned to our social channels for ongoing updates and ensure you are part of our journey to redefine finance on the blockchain.

Social Links

Website | Twitter | Telegram | Medium | YouTube

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Astarter
Astarter

The DeFi infrastructure hub on Cardano, powering decentralized finance applications and the Cardano ecosystem.