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Cryptocurrency News Articles

Astar Contribution Score (ACS) Campaign to Reward Participants With Up to 100 Million ASTR Tokens

Feb 14, 2025 at 08:40 am

The Astar Contribution Score (ACS) campaign is an initiative aimed at driving adoption and establishing a sustainable economic model for the ASTR token

Astar Contribution Score (ACS) Campaign to Reward Participants With Up to 100 Million ASTR Tokens

The Astar Contribution Score (ACS) campaign is designed to drive adoption and establish a sustainable economic model for the ASTR token within the Soneium ecosystem. It will run from February 20 to May 1, for a total of 70 days.

During this period, users will earn contribution points for on-chain activities that enhance ASTR utility, such as providing liquidity for DeFi applications and engaging with consumer and gaming apps on the Soneium platform.

At the end of the campaign, accumulated points will be converted into ASTR tokens, directly rewarding participants for their contributions. Up to 100 million ASTR tokens will be allocated from the Astar on-chain treasury to fund the initiative. If the campaign does not attract sufficient participation, unused tokens will be returned to the treasury.

ASTR Info

Astar Network (ASTR) is Japan's favorite smart contract platform, boasting support for both Ethereum Virtual Machine (EVM) and WebAssembly (Wasm) environments with interoperability via a unique Cross-Virtual Machine.

As part of its innovative approach, Astar's Build2Earn program provides incentives for developers to create decentralized applications.

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