Astar staking principle, income dismantling, airdrop projects and strategies & operation nanny-level strategy

Table of Contents

Astar Dapp Staking Principle
Staking ProfitDismantling
Potential Airdrop Projects:

• Algem
• Neurolanche
• Healthree
  Astar Degens DAO
  VeryLongSwap Staking Strategy & Operation

  

  "AstarDapp Staking" has been upgraded to the V3 version at the beginning of this year, and many adjustments have been made to the staking income rules. At present, the first staking cycle has ended, and the "voting" sub-cycle of the second staking cycle has just begun. To obtain the "extra reward" benefits, you need to grasp this critical stage (expected to last until June 26, with less than 5 days remaining). I will break down the Astar staking income in detail to help you obtain a total APR (annual return before compound interest) of up to 32%, as well as potential airdrops for ecological projects.

AstarDapp staking principle

Before the official start, let’s first explain the principle of AstarDapp staking. "Dapp Staking" is an incentive mechanism launched by Astar for its ecological projects. Through the user's choice, part of the staking income will be subsidized to Dapp developers.

For users, when staking ASTR(), they need to choose to pledge (vote) to one or more Dapps in the Astar ecosystem to obtain certain rewards. For users, there is no difference in the rate of return depending on which Dapp they choose. For Dapp, the more user pledges the Dapp receives, the higher the level it can reach and the higher the pledge reward income it will receive. Therefore, Dapps have an incentive to attract users to stake themselves (e.g. by offering airdrops).

Astar portal (staking interface): https://portal.astar.network/astar/dapp-staking/discover

Staking revenue dismantling

Source: PolkadotInsider under the current "Dapp Staking V3" rules , staking income = basic reward + additional reward + potential airdrop. How to get it? Don't worry, we need to first understand the concept of "Period" in Astar. In Astar, a cycle (peirod) is approximately 122 days, approximately four months. Each cycle contains two sub-cycles: "Vote" sub-cycle (about 11 days) "Build&Earn" sub-cycle (about 111 days) Okay, let's talk about rewards. Basic reward (BasicReward): You can get it as long as you pledge ASTR, and the APR is about 22%. Rewards are calculated on a daily basis, starting from the next day. It is important to note that at the end of each cycle, all dApp pledges will be automatically unstaking, so users must re-stake at the beginning of each new cycle. Additional rewards (BonusReward): Linked to staking loyalty, APR is about 10%. To receive additional rewards, you need to select a dApp during the "Vote" sub-cycle and maintain or increase the amount of stake on that dApp throughout the "Build&Earn" sub-cycle. In other words, if you cancel the pledge, reduce the pledge amount, or switch the pledged dApp during the "Build&Earn" sub-week, your additional rewards on that dApp will be cleared. Potential airdrops: In order to attract more users to vote for themselves, some dApps will promise to issue airdrops to stakers. This part of the rewards is issued by dApp (while the first two are issued by Astar), and the specific qualifications and distribution rules are determined by the dApp team itself. It can be seen that the rule of dApp staking V3 is to "reshuffle" every 4 months or so to prevent the top dApps from staking more and more, giving new projects more opportunities, and at the same time giving more active participation in staking. users with higher reward opportunities. Potential airdrop projects

AstardApp staking ranking, source: AstarPortal

The following summarizes some ecological projects that promise to issue airdrops or other forms of rewards to dApp stakers.

Algem
Astar ecological liquidity staking protocol. It is mentioned in tokenomics that 2% of ALGM will be airdropped to “testnet participants, early members, and dApp pledgers”: https://docs.algem.io/algem-protocol/algm-token/tokenomics.

Neurolanche
AI+blockchain project. We are preparing to airdrop 100,000 NEROX (approximately worth US$100,000 based on the previous round of valuation) to dApp pledge V3 users. The airdrop reward will be calculated based on the number and days of pledged ASTR: https://grillapp.net/29665/neurolanche- astar-d-app-portal-launched-to-track-your-180536. A portal has been launched for stakers to view accumulated airdrop points, which will be converted into NEROX tokens in the future, with an unannounced conversion ratio: https://portal.neurolanche.com/.

Healthree
Move-to-Earn Project. Healthree will use 25%-45% of the pledge rewards it obtains to subsidize pledgers. The specific reward ratio is related to the pledge level obtained by Healthree https://x.com/Heal3official/status/1801550021999136995.

AstarDegensDAO
DAO based on AstarDegensNFT. AstarDegens is currently doing an AirLyft task, in which stakers can accumulate different levels of points according to the pledge amount. Users with points at the top of the rankings can share 15 AstarDegensNFT, 25,000 ASTR and 500 billion HaHa: https://airlyft.one /astardegensdao/june-dapp-staking-campaign-1717965594130. AstarDegens will give 20% of the staking rewards it receives as a subsidy to stakers. You need to set up AstarPASS to connect to the EVM address to receive it.

VeryLongSwap
DEX and Launchpad on AstarzkEVM are currently conducting activities to encourage staking: stakers can get double VLS() points and meme airdrops ($NINJA was airdropped before); if VeryLongSwap’s dApp pledge level reaches Tier2, it will Distribute subsidies to users (proportion not specified): https://x.com/VeryLong_Swap/status/1801827554036486376.

Staking strategy & operation

According to the above content, if you want to maximize the rewards of each part, the best staking strategy is:

Basic reward: If the staking time is long, staking or unstaking at any time will Yes, the impact on income will be small because income is calculated on a daily basis.

Extra rewards:

Complete staking before June 26, that is, within the "voting" sub-cycle of this round.
• Choose the projects you vote for carefully, and do not unstake or change your votes in the next "Build&Earn" sub-cycle (you can select multiple projects at one time).
• Follow the dApp staking schedule and stake in the new “voting” sub-cycle after the end of each round.
• Potential airdrops: Try to choose projects that have plans to issue airdrops to stakers.

For specific operation steps such as staking, unstaking, and income collection, please refer to the previous article "AstarDapp Staking V3 User Guide | How to stake, receive rewards, unstake, etc." 》.

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