Astar Network Burns 350 Million ASTR Tokens, Boosting Price and Optimizing Tokenomics

ASTR Network completes a significant 350 million ASTR token burn, increasing market value by 3% following a community vote. This event highlights the effectiveness of decentralized governance in the crypto ecosystem. The token burn is accompanied by additional measures, including a 70 million ASTR staking initiative aimed at bolstering community projects. Astar Network’s strategic token

Source: CoinOtag