Astar Network introduces Astar Surge, a groundbreaking pre-deposit campaign led by top-tier Soneium projects, launching on December 18, 2024. This initiative empowers ASTR holders to unlock new opportunities while fueling the growth of the Astar ecosystem and preparing for Soneium’s mainnet launch.
Key Benefits of Astar Surge
- Earn Redeemable Points: Deposit ASTR tokens into dedicated contracts to accumulate points exchangeable for tokens during participating projects’ Token Generation Events (TGEs).
- Expand ASTR Utility: Deepen ASTR’s integration within Soneium’s ecosystem, aligning with long-term growth goals.
- Support Leading dApps: Collaborate with projects like Sake Finance and Kyo Finance to boost liquidity and visibility ahead of Soneium’s mainnet.
👉 Discover how to participate in Astar Surge
Enhancing ASTR Utility and Ecosystem Collaboration
The campaign aligns with Astar Evolution 1.5, a strategic roadmap to amplify ASTR’s cross-chain utility. By depositing tokens, users:
1. Foster adoption of ASTR within Soneium.
2. Qualify for ecosystem-wide incentives.
3. Contribute to a seamless transition to Soneium’s mainnet.
“Astar Surge bridges Astar and Soneium, creating shared value for both networks.”
Participating Projects Fueling Ecosystem Growth
Five key projects are driving the campaign:
| Project | Key Offerings |
|---|---|
| Sake Finance | Decentralized swaps and yield farming. |
| Yay! | Social Web3 experiences with DeFi. |
| Untitled Bank | Inclusive lending/borrowing services. |
| SoneX | High-speed token swaps and liquidity. |
| Kyo Finance | Leveraged yield farming for ASTR holders. |
👉 Explore these innovative dApps
How Astar Surge Works: A Step-by-Step Guide
1. Token Deposits
- Users deposit ASTR/vASTR into ERC-6551-based smart contracts via an Agent NFT (a secure smart contract wallet).
- Deposits are auto-converted to WASTR for compatibility.
2. Earning and Redemption
- Points accrue daily and are redeemable post-TGE for project tokens.
- Assets remain withdrawable after the February 1, 2025 timelock expires.
3. Post-Mainnet Transition
- Seamlessly bridge assets to Soneium or withdraw to Astar post-launch.
Why ASTR Holders Should Participate
- Rewards: Earn tokens from top Soneium projects.
- Flexibility: Add deposits anytime during the campaign.
- Security: Audited by PeckShield for transaction safety.
Frequently Asked Questions (FAQ)
Q1: Is Astar Surge officially hosted by Astar Foundation?
No. This is a community-led initiative by Soneium projects.
Q2: Can I withdraw my ASTR before February 2025?
No. Tokens are locked until the timelock expires or Soneium’s mainnet launches.
Q3: How are points calculated?
Points are proportional to your deposit amount and duration.
Q4: Which wallets are supported?
Any EVM-compatible wallet (e.g., MetaMask) connected to Astar Network.
Q5: What happens if Soneium’s mainnet is delayed?
Tokens remain accessible on Astar until the timelock ends.
Q6: Are there risks?
All contracts are audited, but users should assess project risks independently.
Join the Future of Web3 with Astar Surge
Astar Surge is a pivotal step toward chain-agnostic interoperability, uniting Astar and Soneium ecosystems. By participating, ASTR holders:
– Gain early access to promising projects.
– Strengthen cross-network liquidity.
– Shape the future of decentralized finance.
Ready to dive in? 👉 Start your Astar Surge journey today