Astar Token
Overview
The native token of Astar Network is Astar Token, with the ticker ASTR. The initial supply of ASTR was 7,000,000,000 units. The current tokenomics model of the network is inflationary and the inflation is estimated to be ~665,000,000 yearly. ASTR token has 18 decimals. At the genesis, ASTR were allocated as follows:
| Allocation | % |
|---|---|
| Users and Early Supporters | 30 |
| Parachain Auction in 2021 | 20 |
| Parachain Auctions Reserve | 5 |
| Protocol Development | 10 |
| Onchain DAO | 5 |
| Marketing | 5 |
| Early Financial Backers | 10 |
| Team (Employee Incentives) | 5 |
| Foundation | 10 |
Utility
Astar Token is the utility token for Astar Network that has 3 primary functions.
- dApp Staking
- Transactions
- Onchain Governance
dApp Staking
dApp Staking is Astar Network's mechanism for distributing a share of block inflation to dApp developers and the stakers who support them. See dApp Staking Overview for the full protocol description.
Transactions
Every onchain transaction requires the sender to pay fees. Part of the fee is burned and part is deposited to the collator.
Onchain Governance
ASTR is the governance token for Astar Network. Token holders vote on referenda and proposals that shape network parameters and treasury allocation.
Shiden and Shibuya
Both Shiden and Shibuya have their own tokens. Shiden's token is SDN. You can see the SDN initial allocation below:
| Allocation | % |
|---|---|
| Users and Early Supporters | 30 |
| Parachain Auctions | 30 |
| Parachain Auctions Reserve | 5 |
| Protocol Development | 10 |
| Onchain DAO | 5 |
| Marketing | 5 |
| Ecosystem Growth | 10 |
| Team (Employee Incentives) | 5 |
Shibuya's token is SBY. There are ways to get SBY for testing purposes via Faucet on the Astar Portal.
Learn more
Get SBY tokens