Apillon joins forces with Astar Network, the biggest smart contract platform in the Polkadot ecosystem, to deliver more opportunities to builders and developers on the Apillon Web3 development platform.

The comprehensive set of Web3 services already available on the Apillon platform, including Web3 Storage and Hosting, got a new boost. The integration of Astar Network expands the offer of networks, supported for the deployment of digital assets with easy, fast, and resource-efficient building tools.

While Apillon continuously strives to boost Web3 adoption by empowering developers with the best building tools, Astar supports deployment of fully functional dapps in both EVM and WebAssembly (WASM) environments, using a unique cross-virtual machine.

Smart contract connectivity was initially integrated into the Apillon platform via the Moonbeam Network. Now, with Astar being added to the Apillon NFT Service, developers got the opportunity to choose between multiple chains to deploy their NFT collections.

Astar Network, the most flexible smart contract platform

Astar Network is the biggest and most flexible smart contract platform in the Polkadot ecosystem. Supporting both EVM and WASM smart contracts, Astar unlocks true interoperability across multiple chains.

How? With a unique cross-virtual machine and cross-consensus messaging (XVM), Astar enables native access to the Polkadot ecosystem and, at the same time, routes to other major blockchains, including Ethereum, Cosmos, and Polygon.

What does this mean for developers? With the security provided by the Polkadot Network and the compatibility options offered by Astar’s XVM, builders and engineers are able to build smart contracts in a truly innovative, future-proof way that delivers innate interoperability of features and cross-chain cooperation.

A simplified developer experience merged with the opportunity to build solutions compatible with many blockchains is a step in the right direction for approaching the problem of the fragmented Web3 experience for both developers and end users.

Apillon + Astar = Cross-chain NFT collections in minutes

Thanks to community hype and real-world usability, non-fungible tokens have become one of the key gateways to the Web3 world. They offer a wide array of use cases, including but not limited to creating memorable experiences & interacting within online communities.

However, as with all disruptive technologies, NFTs weren’t without problems when it came to reaching the mainstream. Now, with Apillon introducing an easy, fast, and decentralized way of creating NFT collections with Astar. Both savvy Web3 builders as well as other developers & blockchain enthusiasts can join the NFT revolution & not get left behind.

About Astar

Astar Network — The Future of Smart Contracts for Multichain. Supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM).

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FiDi joins Astar’s Builders Program (May 26, 2023). boost the development efforts in the Astar ecosystem; they have been whitelisted into Astar’s dApp staking program.

What is dApp Staking?

For developers to build great dApps, they need financial incentives, and that’s where dApp staking comes in. The dApp staking program is a unique differentiator only Astar and Shiden have in the Polkadot ecosystem. It allows developers who build dApps to get compensated, which enables them to keep building and improving their dApps.

At its core, dApp staking is similar to staking on validators. The difference is that dApp stakers, also known as nominators, can nominate their Astar tokens on dApps they want to support.

At every block, a portion of the rewards goes to dApp staking. This reward is then divided between operators (developers) and nominators. Overall, this creates a powerful incentive for developers to build dApps on Astar and nominators to support developers via dApp staking.

Why support FiDi?

FiDi is an advanced portfolio tracker that allows anyone to track their crypto holdings across multiple wallets and blockchains. It offers a secure non-custodial interface and surfaces high-precision deep analytics for 100+ chains and 2000+ protocols. FiDi has been approved by the Astar community to join Astar’s Builder’s Program. By nominating to FiDi on the dApp store page, you help support their development efforts and contribute to the ecosystem’s growth.

The amount FiDi receives with the dApp staking program depends on the number of nominators on the dApp portal page. The more nominators they have, the more rewards they will receive to support their development efforts. At the same time, you will receive up to 10% staking rewards by staking ASTR in their dApp.

How to use dApp staking

Step 1: Buy ASTR Tokens

Get your hands on some Astar tokens $ASTR. You can buy them on Binance, BKEX, and OKX. The complete list of markets can be found on CoinGecko or elsewhere.

Step 2: Create a Substrate-based Wallet

They are many providers out there, ask your favorite AI assistant for their tradeoffs, but here are some of the popular ones: Talisman, Subwallet, Nova, and others endorsed by Polkadot.

Step 3: Visit Astar Portal and Connect Your Wallet

When you have the ASTR tokens in your wallet, navigate to the Astar portal: https://portal.astar.network/ and connect your wallet to Astar Network. Then, click on ‘dApp Staking’ and look for our project: FiDi

Step 4: Add Your Staking Amount

You can click on our project to learn more about the smart contract we use for the staking and the technology and utility we provide to the community. To add your staking amount, click ‘Stake’ in the box and sign in with your wallet on a browser extension.

Step 5: Add, Unstake, or Claim

Once you have staked your tokens, you can do three things: add, unstake, or claim.

1. Add: to stake more; you can add more ASTR in dApp staking.
2. Unstake: to unstake, you can claim your ASTR back.
3. Claim: (top of page): claim your rewards from all dApps you staked on. For every ERA, you can claim your rewards, but we recommend doing this once every week.

Conclusion

In conclusion, Astar Network’s dApp staking program is a powerful incentive for developers to build dApps on Astar and for nominators to support developers via staking. By participating in this program, we can contribute to the ecosystem’s growth and support the development of innovative projects like FiDi.

Moreover, the token economics model creates a positive feedback loop on the valuation, providing more value to developers and stakers alike. This network effect is crucial for the ecosystem’s success, and we are thrilled to be part of Astar’s Builders program.

About Astar

Astar Network — The Future of Smart Contracts for Multichain. Supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM).

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StellaSwap collaboration with Prime, the first natively cross-chain protocol that allows you to borrow against the value of your entire portfolio across all blockchains. After their successful launch supporting 17 assets across 4 networks, Prime is set to revolutionise the way you DeFi.#

What is Prime Protocol?

Prime a cross-chain prime brokerage that allows you to borrow across chains using your entire portfolio, irrespective of where your tokens reside. This simply means that you can collateralize your assets on Ethereum and borrow on Moonbeam, without the token bridges.

Prime solves a key friction in DeFI; fragmented networks. Gone are the days where you’ll need to jump across different blockchain networks manually to chase yields or optimize your portfolio. Without incurring bridge risks, you can finally receive a single revolving line of credit no matter where your collateral is or where you need the loan.

How Can You Supercharge Your DeFi with StellaSwap & Prime?

One of the beautiful things about DeFi is composability, which simply means the ability for you to supercharge your assets across the numerous vaults & pools available in DeFi. On Moonbeam Network, you can use both StellaSwap & Prime to your advantage and maximize the potential of what the ecosystem can offer.

Step #1: Start Depositing Your Assets on Prime

Kickstart your journey by depositing your assets on Prime. Head over to their website and deposit any supported assets. As you’ll be borrowing assets on Moonbeam, it will be ideal to collateralize your assets on either Ethereum, Avalanche or Arbitrum.

Step #2: Borrow Assets on Moonbeam

After depositing your assets on Prime, you can now borrow assets directly on Moonbeam against the total value of your portfolio. Here is a complete guide for depositing and borrowing on Prime: Guide to Prime.

Step #3: Stake on StellaSwap

Ecosystem rewards are now in full force on StellaSwap, which is the recipient of the largest grant allocation for the latest round of ecosystem grants. You can finally supercharge your DeFi by staking your borrowed assets on StellaSwap. Depending on the assets that you borrow, you can stake in the various stablecoin pools and Pulsar pools available.

About StellaSwap

StellaSwap a hybrid DEX that features a standard, stable and concentrated liquidity AMM to facilitate the most optimal price discovery for assets on Moonbeam. As the largest DEX and an integrated DeFi gateway, users can access the ecosystem with ease through our native bridge, swap-for-gas feature, as well as various DeFi opportunities in a click of a button.

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Users can support the network by holding UNQ tokens and participating in the UNQ staking program. It’s a simple process allowing users to increase their capital while supporting the Unique Network ecosystem and sponsoring dApp transactions.

Start staking UNQ!

UNQ Staking Benefits

The main focus of their initial release is to assist UNQ token holders in growing their token holdings through compound interest. For instance, if you stake 1000 UNQ tokens, you will accumulate 0.5 UNQ tokens daily at 0.05%.

However, these tokens are compounded immediately, accumulating 0.50025 UNQ tokens the following day instead of just 0.5 UNQ tokens. This mechanism enables you to achieve an annual percentage yield (APY) of roughly 20%. They source this yield from the Treasury to encourage more token holders to participate and generate it through inflation.

Partial Unstake UNQ While Continuing to Earn Rewards on the Remaining Staked Tokens

Partial unstaking a unique feature that allows users to partially liquidate a percentage of their staked tokens. It gives users greater flexibility and control over their staked assets as they can withdraw a portion of their staked holdings while keeping the remaining amount staked.

Users can unstake UNQ tokens at any time, and the tokens will be sent to their wallet within a one-week period. So while it takes a week to release funds, users can profit from sponsoring dApps transactions while remaining free to unstake their tokens anytime circumstances change.

This enables more effective fund management, allowing users to access liquidity when needed while still earning staking rewards on the remaining staked assets. Partial unstaking can mitigate the risk of slashing penalties when users unstake their entire balance, reducing the amount of unstaked assets.

UNQ Staking: How to Get Started

Alternatively, please follow these steps:.

1. Visit the Polkadot/Substrate Portal, where you’ll arrive at the ‘Unique network’ under the ‘POLKADOT & PARACHAINS’ tab.

2. If you don’t have an account, you can quickly create one from the ‘Accounts’ page. Or add one using the Polkadot(.JS) chrome extension.

3. From the Developer menu, select ‘Extrinsics.’

4. From the provided pallet list, select the appPromotion pallet.

5. Select the stake extrinsic from the list of pallet function calls.

6. Set your desired staking amount.

However, please note:

• The amount provided is expressed as a whole number of 1018 of the token value. So if staking 1300 UNQ, add eighteen zeroes to the specified staking amount (1300000000000000000000).
• The minimum required is 100 native tokens.
• You can have ten active stakes per wallet.

7. Submit the transaction.

How to Confirm you’ve Staked our UNQ Tokens

Upon staking the UNQ tokens, follow the steps below to confirm the staking process:

1. Visit the Accounts section
2. Choose your account
3. Click on show more
4. Check the locked section. Ensure the number of staked tokens is identical to your chosen amount of UNQ tokens staked.

The unstaking process is:

1. From the Developer menu, select Extrinsics.

2. From the provided pallet list, select the appPromotion pallet, then select the unstake extrinsic from the list of pallet function calls.

Remember that unstaking resets the limit counter.

*Also, notice the partial unstaking option.

3. Submit the transaction

What to Expect in the Future

They have a significant launch planned imminently, the ‘Unique Staking Hub.’ The hub will provide a quick and convenient way to stake UNQ and QTZ tokens from one easy-to-use interface.

AppPromotion features will be integrated into Unique Staking. They intend to allow UNQ/QTZ owners to impact the sponsorship of apps and earn additional rewards as the promoted dApps grow more prosperous.

About Unique Network

Unique Network an infrastructure for the next generation of NFTs. The first NFT chain for Kusama and Polkadot, Unique Network offers developers independence from high network transaction fees, dense upgrades, and siloed NFTs. The Unique Network team has partnered with numerous NFT projects in order to deepen the integrations needed to expand NFT use cases and usability, like Art Curator Grid, XP Network, UN-Habitat, and SupraOracles. Unique Network was responsible for Polkadot’s first NFTs, Substrapunks.

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Announcement of a new and improved bridging solution that they are working on in collaboration with Equilibrium partners with Multichain. This will allow it to remain permissionless while becoming independent from other Multichain pools.

Equilibrium team will have a more direct and streamlined access to maintenance on both Ethereum and Moonbeam sides of the bridge. Overall this should result in a better service compared to the previous solution.

The solution will migrate from the current Router to a new one which will be a purely cross-chain messaging protocol. The key difference here compared to the current Router is that it will not be connected to other Multichain pools. Migration process will be assisted by Multichain. The significant change in design is that wrapper contracts for xc-20 tokens will now be deployed by Equilibrium.

Why do we need a new bridge in the first place?

As you might already know, recently a user was able to withdraw a large amount of USDC tokens from Moonbeam that they should not have been able to. This was due to the differences in expected behavior between erc-20 tokens and mintable xc-20 tokens as explained here. All assets remain secure in Multichain custody and will migrate to the new bridge once it’s ready.

What does this mean for Equilibrium users?

EQ and EQD are both available for bridging. This combined with our recent listing of EQ on exchanges means that users can move liquidity in and out of the Equilibrium platform at their discretion.

ETH and USDC will become available for bridging again when we complete developments of the new solution in collaboration with Multichain.

About Bifrost

Bifrost a cross-chain network built on a substrate that gives liquidity to staked assets as staking derivatives. It is based on open-source platforms, primarily as a Polkadot parachain. Because of Bifrost’s cross-chain functionality, others can create integrations to enable staking on other PoS networks.

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They want to remind you that 2 years ago ColdStack collaborated with Crust Network. To make it simple for Web3 developers to implement and access secure decentralized data storage.

You all know that their team has been focus on making new partnerships lately. But today they want to announce the new feature that they’re planning ColdStack Integration Crust Cloud.

What Is It?

Crust Network announced the development and start of their internal testing phase of new commercial service layer Crust Cloud. The Crust Cloud a Web3 toolsuite for all decentralized storage and hosting needs.

Crust Cloud will help users to access and leverage decentralized storage resources with full ownership directly via their blockchain wallet.

They’re also going to combine the power of decentralized storage with NFT infrastructure with the new concept of W3Buckets (Web3 storage buckets) and W3Gateways.

W3Buckets will allow minting, transfering, managing, accessing and owning storage resources via users’ wallets like they could do with any other on-chain assets such as tokens or NFTs. This feature will assure you with a minimum of 3 and up to 100 replicas per file. Unlimited data retrievals via dedicated gateways, NFT gated access, customizable storage capacities, fixed prices & multiple forms of payments.

All content in W3Buckets are immutable, decentrally stored, guaranteed with persistence in the open internet, and most importantly, owned and controlled by the NFT owner.

What About The Integration?

ColdStack provides its users with simple and secure decentralized cloud data storage & their team thinks that integrating Crust Cloud with its W3Buckets and W3Gateways is a great opportunity to make a step closer to becoming the best decentralized storage aggregator on the market.

They really appreciate the opinion of each member of our community & now we ask you to give more feedback and tell us what you think about the integration of these new features.

Stay Tuned

ColdStack’s team keeps on working hard developing their product & making new partnerships. They want to thank everyone who actively participates in the development of their project & those who contribute to making new collaborations with interesting projects.

About ColdStack

ColdStack a Decentralized Cloud Aggregator: it is the world’s first service that aggregates decentralized data storages such as Filecoin. By optimizing storage solutions with its AI-based pipeline, ColdStack provides users with the most cost-efficient & secure way to store their files. ColdStack features a unified Amazon S3 compatible API which allows users to easily access decentralized storage solutions. ColdStack focuses on providing bulk storage for data which not accessed regularly, but is still required to be stored perpetually. Their tokenization system also allows users to easily create & store their own NFTs & utilize these assets on any NFT marketplace.

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About Crust

Crust implements the incentive layer protocol for decentralized storage, using storage layer protocols such as IPFS & provides support for the application layer. Crust’s architecture also has the capability of supporting a decentralized computing layer and building a decentralized cloud ecosystem.

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Paima Engine now available for Astar & Polkadot.  ThePaima is a web3 engine to create on-chain web3 games in days with web2 skills.

Many companies want to deploy a web3 game, but don’t have web3 developers. The Paima Engine enables making web3 games & apps that – can be written in any language- are non-custodial and it’s free for devs to get started.

Astar has been one of the leaders in web3 adoption. They’re working with them on the vision of democratizing web3 development. The goal is to allow all devs to enter web3 & build amazing apps through Paima Engine on Astar and they’re working on this goal with AstarGuild.

Many companies are already in the Paima ecosystem. They’re on track to have over 50 working in the Paima ecosystem this year. They’re excited to work with all of them to grow web3 through Astar.

About Paima Studios

Paima Studios a blockchain gaming crypto project engine that can potentially revolutionize the entire space of blockchain gaming with its ambitious mission. The project is founded by two individuals who have been committed to building in the Cardano space for most of Cardano’s life and seem to have a deep understanding of its blockchain.

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About Astar

Astar Network — The Future of Smart Contracts for Multichain. Supports the building of dApps with EVM and WASM smart contracts and offers developers true interoperability, with cross-consensus messaging (XCM).

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Athos Debt Terminator is now live at debt-terminator.athos.finance! While the liquidation contract has always been permissionless from the start. This requires users to directly interact with the contract so only users who have the experience of doing so are benefited from it.

With Athos Debt Terminator, this is no longer the case! Users can now interact with the liquidation contract through this new dApp, meaning that those who do not have the experience of interacting with contracts can also participate in liquidations now. By using Athos Debt Terminator, you are playing your part in safeguarding the protocol especially during times of market volatility.

How Does It Work?

Whenever the P-ratio of an account falls below 200% and remains below the Target P-ratio after the liquidation delay (currently set at 72 hours), the account is marked for liquidation and is shown on Athos Debt Terminator. Users can choose to liquidate the account, and burn $athUSD to (partially or fully) repay the debt of the marked account. The liquidated account will incur a 15% penalty, with 10% going to the liquidator and 5% to the marker once liquidation takes place.

For partial liquidations, staked $ATH are liquidated before locked $ATH. In the case of locked $ATH, those that are scheduled to unlock sooner will be liquidated first. Once the account is liquidated, staked $ATH & locked $ATH are transferred to the liquidator’s account along with the original unlock schedule.

Step By Step Guide

Step 1: Connect your wallet to Athos Debt Terminator. Check to ensure your wallet is on Moonbeam & has enough $athUSD & $GLMR to cover the liquidations and gas fees.

Step 2: Choose an account you would like to liquidate from the list available to you, then click “BUYOUT”.

Step 3: Confirm how much of the account do you want to liquidate. You can manually input an $athUSD amount or choose a percentage of the account, then click “EXECUTE”.

Step 4: Sign the transaction in your wallet.

Once the transaction is completed, the liquidated amount will be added to your staked $ATH or locked $ATH balance which you can see in Athos Buildr.

About Athos Finance

Athos Finance the first decentralized delta-one asset protocol on Moonbeam. It provides users with on-chain price exposure through synthetic assets with full transparency and no slippage.

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They are thrilled to announce a strategic partnership between Mekatek and Composable to solve cross-chain orderflow.

Think of it as transparent MEV capture between Polkadot, Near, Cosmos and potentially Ethereum.

The collaboration aims to introduce a permissionless system for cross-chain intent settlement, enabling seamless DeFi interactions across the IBC ecosystem. While maximizing the aggregate value for the entire supply chain — from end user to delegator.

As IBC expands, orderflow becomes more plentiful, leading to more opportunities, more value transfer, and more connections between IBC-enabled blockchains, where we can work together to create a more transparent and efficient cross-chain DeFi.

With the help of subsidized bridging fees, relayers like Composable’s Hyperspace can operate sustainably through horizontal or vertical integration with builders.

They’re excited to collaborate with Composable Finance on the first prototype of this system.

About Mekatek

Mekatek building the first Maximum Aggregate Value (MAV) market place for the Interchain.

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About Composable Finance

Composable Finance a developer-focused cross-chain smart contract platform for building next-generation interoperable applications facilitating cross-ecosystem communication. By leveraging the Composable tech stack, DeFi developers and end-users can perform cross-chain actions, while repositioning the overarching blockchain ecosystem as a network of agnostic liquidity and available yield. Composable allows users to tailor their experience to maximize for a desired parameter while minimizing ecosystem-specific decision making.

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At Algem, they are proud to be part of the Astar Network ecosystem and are fully dedicated to supporting and growing it. They believe in the immense potential of decentralized technology, and they  know that the key to unlocking that potential is through the creation and execution of expertly crafted dApps.

That’s why they are focused on incentivizing developers to build quality dapps. But they understand that for developers to be motivated, they need to see the rewards and benefits of their hard work…

Introducing Liquid dApp Staking and Multipool Staking!

How Liquid Dapp Staking Works…

By staking their ASTR, not only do token holders get to enjoy rewards and nASTR, but their staked ASTR also goes towards the Astar Build2Earn Program, providing a source of income for dApp creators.

Put simply, we’re creating a win-win-win for everyone (ASTR holders, Algem Team, and dApp developers)

How Multipool Staking Works…

Additionally, they’ve developed Multipool Staking, allowing the community to support their preferred dApps and creators. Currently, the list includes four dApps, namely Algem, Astar Degens, Astar Network, and Arthswap.

By utilizing Multipool Staking, you can endorse your preferred projects on Astar Network. This enables you to participate in the growth of these projects while earning rewards on your staked ASTR tokens.

And The Best Part?

They’ll be adding new dApps to the list every week until all projects on Astar Network are supported.

Their focus is to ensure that you have access to a variety of options to stake your ASTR tokens and earn rewards accordingly…

By adding new dApps regularly, we can cater to a wider user base and enable you to stake your ASTR tokens seamlessly.

Liquid Dapp Stake Without Ever Leaving Algem Platform

For an even smoother staking experience, we’ve created an EVM dApp Staking environment that replicates the appearance and sensation of your favorite dApps.

By doing so, you’ll be able to stake within Algem’s interface, without having to leave your familiar environment. As always, they’re dedicated to establishing a flourishing decentralized ecosystem, and they’re excited to witness Astar Network’s full potential.

Want to try our Liquid Staking Multipools on Astar Network?

If you want to support a specific dApp in liquid staking, follow our guide:

• Go to algem.io and launch the dApp by connecting your EVM wallet (i.e Metamask);
• Ensure enough ASTR tokens in your wallet;

How To Stake: 

• Enter the amount of ASTR tokens you want to deposit, (minimum of 100 ASTR)
• Then select the dApp;
• Confirm your action by clicking on the stake button.

• Receive an equal amount of nASTR tokens and begin earning staking rewards.
• Use nASTR tokens to farm on our partners Defi dApps in our nASTR Liquidity Hub;

You can add the nASTR token to Metamask by adding the following token address or using the dedicated feature in Algem dApp.

nASTR: 0xE511ED88575C57767BAfb72BfD10775413E3F2b0

How To Claim:

• To claim your rewards, you must first wait at least 1 era (~24h on Astar network);
• Then press the “claim” button and confirm the transaction;
• Your rewards will be distributed directly to your wallet.

 

How To Unstake:

• To unstake your nASTR tokens and redeem ASTR tokens, you must first switch to “unstake” mode;
• Enter the nASTR amount you wish to unstake from the selected dApp;
• You can unstake from one, several or all dApps at the same time.

• Select the unstaking parameters (regular or immediate) and accept the conditions;
• Confirm your action by clicking the “unstake” button.

You will receive your ASTR tokens directly into your wallet after fulfilling the unstaking conditions (e.g. unbonding period).

Transferring NASTR Tokens With Algem

When staking ASTR tokens in any dApp of Liquid Staking Multipools, you’ll earn nASTR tokens, each with its own unique utilities. For instance, Astar Degens or Algem dApp will label nASTR tokens as nASTR-AstarDegens or nASTR-Algem for Algem’s smart-contracts.

However, to use or trade them on other Astar protocols, they’re considered classic nASTR tokens.

When transferring nASTR tokens from a specific dApp, utilize Algem’s transfer feature to choose from which dApp among those staked you’d like to transfer nASTR. Otherwise, the tokens will be randomly selected from those in your wallet.

To Transfer NASTR Tokens Using Algem, Follow These Steps:

• Go to the Liquid Staking Dashboard and click on “Send nASTR” button next to your detailed stake;
• From one of the available dApps, enter the amount of nASTR tokens you want to transfer;
• Note that you can choose different dApps at the same time with different nASTR amounts;
• Enter the destination EVM address;
• Confirm your action by clicking on the send button.

 

Algem dApp Updates:

With the liquid staking multipools update, they’ve made a few other improvements to the dApp, including the addition of day and night mode, and the option to claim farming rewards directly from the liquid staking page.

How To Switch From Day To Night Mode:

Clicking the switch button located in the upper left corner lets you change from day mode to night mode and vice versa.

How To Claim NASTR Farming Rewards:

At the liquid staking page’s bottom, you choose where to farm with nASTR tokens in Astar’s Defi dApps. Also, rewards are visible and claimable via a simple button click.

 Important For NASTR Liquidity Hub Users

For users using the nASTR Liquidity Hub, you must update your token balance on the dashboard to make them visible. This is a one-time procedure.

• Open the Dashboard panel by clicking on the “More” button;
• Click on “Update balance” under nASTR in partner dApps ;
• Sign the transaction in your wallet.

About Algem

Algem a dApp built on Astar Network and offers two main features: liquid staking and liquid lending. As the name implies, these two solutions enable ASTR holders to remain liquid with their assets while putting them to work.

The liquid staking and lending solutions allow users to accumulate staking rewards and increase their earnings using Algem’s liquid nASTR tokens across Astar’s DeFi ecosystem. In doing so, Algem supports other DeFi protocols by providing liquidity, creating a sustainable and cooperative ecosystem on Astar Network and Polkadot.

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