![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
![]() |
|
Cryptocurrency News Articles
Astar Network and Sony Group Launch Campaign With a 100 Million ASTR Reward to Drive Adoption and Growth on the Soneium Ecosystem
Feb 20, 2025 at 02:14 pm
Japanese blockchain ecosystem Astar (ASTR) Network has partnered with Sony Group's Ethereum layer 2 mainnet, Soneium, to launch the Astar Contribution Score campaign.
Japanese blockchain ecosystem Astar (ASTR) Network has partnered with Sony Group’s Ethereum layer 2 mainnet, Soneium, to launch the Astar Contribution Score campaign, which will reward users for actively engaging and providing liquidity in the Soneium’s DeFi ecosystem.
A press release was sent to crypto.news to announce the campaign, which will begin on Feb. 20 and run for 100 days, concluding on May 30, 2025. During this period, participants can earn points by interacting with applications, providing liquidity to DeFi platforms, and engaging in web3 activities. These points can then be converted into ASTR tokens.
In total, there will be 1 billion ACS points for users to earn, which can be exchanged for 0.1 ASTR each. After the campaign ends, participants will be able to claim their ASTR rewards on the ACS website.
As part of this initiative, Astar has prepared a reward pool of 100 million ASTR, designed to fuel adoption and sustainable economic growth for projects within the Soneium ecosystem. As many as 40 Soneium projects will be involved in the campaign, including Velodrome, Quickswap, SoneX, Kyo Finance, SoneFi and more.
Participants will also receive point multipliers if they participate in the Sony layer 2’s ecosystem using ASTR, ETH (ETH), USDC (USDC) or USDT (USDT). ASTR tokens get a 2x multiplier, USDCs get 1.2x and USDTs get 1x. A full list of the assets and their multipliers will be available on the Astar blog.
Founder of Astar Network and CEO of Startale Group, Sota Watanabe, said the ACS incentive mechanism is designed to reward the people who truly contribute in driving the Soneium ecosystem forward.
“It’s for the users who don’t just participate but who actively engage, provide liquidity to DeFi platforms, and interact with Web3 applications in meaningful ways,” said Watanabe.
The campaign is meant to attract new participants into Startale and Sony’s newly launched Soneium blockchain ecosystem and increase the number of ASTR holders through meaningful incentives by converting on-chain activity into real rewards.
“By incentivizing meaningful participation, we’re not just enhancing ASTR’s adoption—we’re building a more engaged and dynamic web3 community. We’re excited to see how it drives long-term value for users, developers, and the broader ecosystem,” said Head of Foundation at Astar Foundation, Maarten Henskens.
Moreover, the expansion also prepares ASTR, which will be deployed as SuperchainERC20, for future integration across other layer 2 networks like Base and OP Mainnet.
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.
-
- PYTH Network Receives Major Boost from Grayscale Pyth Trust Launch, But Solana's Meme Coin-Driven Market Volatility Affects Token's Price Action
- Feb 21, 2025 at 11:15 pm
- PYTH Network, a decentralized oracle network, received a major boost with the Grayscale Pyth Trust launch, a new investment vehicle offering institutional investors exposure to the PYTH token.
-
- Unveiling Provident Bancorp’s Future: Trends, Opportunities, and Challenges
- Feb 21, 2025 at 11:15 pm
- Navigating Institutional and Individual Investor Dynamics Provident Bancorp is a fascinating microcosm of the broader market dynamics, where large institutional investors hold a significant portion of the company, controlling about 40% of its stock.
-
-
-
- The Next Best Cryptos to Buy in 2025: Qubetics ($TICS) Leads the Pack
- Feb 21, 2025 at 11:05 pm
- The crypto market is heating up again, and smart investors are hunting for the next best crypto to buy before prices skyrocket. The recent surge in institutional interest, regulatory clarity in some regions, and the evolving landscape of blockchain technology make 2025 a pivotal year for digital assets. But let's be honest—finding the next big thing in crypto isn't just about luck. It takes research, insights, and sometimes, a gut feeling that pays off big time.
-
- Lightchain AI Emerges as the Smarter Crypto Investment as Trump Coins Falter
- Feb 21, 2025 at 11:05 pm
- With Trump Coins failing to meet expectations, many investors are searching for a better opportunity—and Lightchain AI is quickly becoming the top choice. This cutting-edge project blends blockchain with artificial intelligence, offering a revolutionary approach that's capturing market attention.
-
- Arctic Pablo Coin Leads the Charge Among the Best Meme Coins to Join This Week
- Feb 21, 2025 at 11:05 pm
- Meme coins aren’t just playful internet tokens anymore—they’ve become financial powerhouses, turning casual investors into crypto legends overnight. The surge of community-driven projects like Bonk and Dogwifhat has proven that meme coins can pack a serious punch. But amidst the noise, a new contender has emerged with an irresistible proposition: Arctic Pablo Coin (APC).
-
- Berachain (BERA) Bulls Push for $12—Can They Overcome Key Resistance?
- Feb 21, 2025 at 11:05 pm
- Berachain (BERA) is demonstrating strong bullish momentum after flipping a key resistance level into support. The token surged past a key barrier without a retest, highlighting aggressive buying pressure. However, it now faces rejection at a crucial resistance range.
-
- DTX Exchange Set to Outpace BONK and PEPE as 2025's Best Altcoin
- Feb 21, 2025 at 11:05 pm
- The altcoin market is heating up in 2025, and DTX Exchange is leading the charge. While meme coins like BONK and PEPE made waves last year, they're now struggling to keep pace as traders shift focus to altcoins with real utility and stronger upside potential.