Recommended Project: Astr (bn spot price 0.0162)
1. The token economic model was changed at the beginning of last month, from unlimited to limited. It is an 'old project' that has been around since 2021 (recently, old projects have been flying around) and has completed the unlocking of all tokens. Why suddenly change the token inflation mechanism at this time? It must not be without reason.
2. The CEO is the same as Soneium, the only blockchain project supported by Sony, and has the title of Japan's number one public blockchain. The Japanese government's support for blockchain + the recognition of Web3 by the Japanese people + Sony's influence in Japan.
3. The project started early with Lockdrop, allowing users to lock ETH instead of directly purchasing tokens; then to Phase 1, focusing on zkEVM infrastructure and ecological growth; then to Phase 1.5: deep integration with Soneium, on-chain governance launched, and now to the final stage of the Astar evolutionary roadmap, the team has never stopped progressing.
4. The head of the Astr fund's original words: no mandatory exchange, no hidden clauses. Simply destroy, and the old tokens can be transferred to new tokens. Regardless of the method, it is beneficial for every ASTR holder, as the destruction will reduce the supply, and the new tokens will open up a brand new future. It is speculated that Astar and Soneium want to promote some kind of cooperation, and simple token lock and exchange may have a good arbitrage space for token swapping (if bidirectional support is available) or, like APX and Aster, directly strengthening the narrative and background of token exchange. $ASTR