BitcoinSistemi
2025-09-18 05:53:08

Watch Out: The Founder of This Altcoin Has Announced Plans to Limit the Total Supply

Astar Network founder Sota Watanabe has announced a significant tokenomics change proposal for the platform’s native token, ASTR. Watanabe announced plans to move away from the current inflation model and toward a fixed-supply structure. He stated that this change is part of the Astar Evolution 2.0 process, described as the ecosystem's “ultimate game plan,” and that the updates will be announced in the fourth quarter of 2025. In this context, the voting process for Tokenomics 3.0 has also begun on the Astar forum. This “vote of confidence,” held on Opensquare and running until September 28, 2025, offers ASTR holders three options: Transitioning ASTR to a fixed-supply, emissions-reducing model Maintaining the current inflationary model Abstain Related News: Binance Founder Changpeng Zhao Praises an Altcoin - Price Shows Volatility According to the Tokenomics 3.0 draft, proposed changes include: Fixed maximum supply (~10.5 billion ASTR) Emission reduction and gradual reduction of staking rewards Fee distribution: 50% burn, 30% to validators, 20% to the treasury The protocol has its own liquidity (Protocol-Owned Liquidity – POL) While the vote is non-binding, it will reflect the views of the Astar community and will guide subsequent management decisions. *This is not investment advice. Continue Reading: Watch Out: The Founder of This Altcoin Has Announced Plans to Limit the Total Supply

Get Crypto Newsletter
Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.