💰 dApp Staking is the future One prominent feature only Astar

Question

💰 dApp Staking is the future One prominent feature only Astar

has in the ecosystem is dApp staking. dApp staking is the game-changer. Smart contract platforms are all about “Network Effects,” but generally, there are few financial incentives for early developers to deploy smart contracts. We changed this!
Astar natively supports financial incentives for developers to make dApps and infrastructure (basic income for all developers aka dApp staking). To make the long story short, devs can earn Astar tokens while making products based on their performance and decentralized voting system.
In the past, when developing smart contracts, it was necessary to pay high fees to deploy the smart contracts in some cases. The most significant contributor to the ecosystem is developers. Why should they have to pay those high fees? And there is almost nothing you can get in return.
We are changing this game! A basic income will be distributed to developers on Astar and Shiden Network. For example, if Shiden’s valuation is $500M, $50M will be issued annually. And $20M per year will be distributed to all developers in our ecosystem based on their contributions. The reason why developers choose Astar and Shiden is straightforward. They can earn tokens while developing their products! Blockchain and crypto are all about incentives. We think dApp staking is a simple but powerful incentive.

#cryptocurrency #english #plasm

0

23.11.2021

10 ответов

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Kirubakaran Kumara Vijayan Автор вопроса

This information is from Sota Watanabe - CEO of Stake Technologies

0

23.11.2021

Kirubakaran Kumara Vijayan Автор вопроса

Parker
You forget short term achievements, they don’t exi...

We’re preparing for a network effect. The more dApps that are created, the more tokens will be locked on Shiden. This creates a positive feedback loop on the price of $ASTR. The higher the price, the more money you can distribute to developers. Therefore, we can incentivize more developers. Thus there will be more dApps, then the price of $ASTR grows

0

23.11.2021

ASDFG

Kirubakaran Kumara Vijayan
This information is from Sota Watanabe - CEO of St...

Thanks but ot onpy incentovize developers not investors

0

23.11.2021

Tiger

ASDFG
Thanks but ot onpy incentovize developers not inve...

Please read. https://mamora-toga.medium.com/understanding-dapp-staking-23ad9e0d8b29

0

24.11.2021

ASDFG

Tiger
Please read. https://mamora-toga.medium.com/under...

I read. Im saying the reward and the difference to other defis. Astar and sdn only gives sdn and astar otherwise other defis distribute each project's token. That's why sdn is self limiting without any expansion

0

24.11.2021

Tiger

ASDFG
I read. Im saying the reward and the difference to...

We are not a defi project, in the first place.

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24.11.2021

Soul Eater

We are a smart contract platform 😊

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24.11.2021

Parker

Soul Eater
We are a smart contract platform 😊

And what can be done there?, good to know

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24.11.2021

Tiger

Parker
And what can be done there?, good to know

You can build dapps on it.

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24.11.2021

Parker · Accepted Answer

Parker

You forget short term achievements, they don’t exist now sir … you talk about a dream, that could or could not be in the future … i cant even made a swap without super high price impact, dapp stakin TVL is decreasing everyday etc … again, you forget that now the year is still 2021

0

23.11.2021

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💰 dApp Staking is the future One prominent feature only Astar

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